Living in Saco, Maine
Cost of living, income, home prices, rent and demographics of Saco · Census data 2020–2024
Saco has 20,819 residents with a median age of 44.9. The median household income is $92,241 (23% higher than the Maine median), the median home value is $413,100, the median rent is $1,249/month.
Saco at a glance
- Population
- 20,819
- Median age
- 44.9State: 44.8
- Median household income
- $92,241State: $74,733
- Median home value
- $413,100State: $296,600
- Median rent
- $1,249/moState: $1,139
- Homeowners
- 72.8%
- Bachelor's degree or higher
- 43.5%
- Average commute
- 24 min
Is Saco a good place to live?
Pros: Median household income 23% higher than the Maine median; an average commute of 24 minutes; unemployment of 2.1%; a poverty rate of 6.4%.
Cons: Home values 39% higher than the state median.
The weather is best in June to September.
Cost of living in Saco
Housing is the biggest part of the cost of living. In Saco the median home value is $413,100, 24% higher than the U.S. median. Renters pay a median of $1,249 per month, which is 30.1% of household income. Homeowners with a mortgage pay $2,088 a month in housing costs.
Saco median household income
The median household income in Saco is $92,241 and the income per person is $51,652. 6.4% of residents live below the poverty line (Maine: 10.7%).
Housing in Saco: homes for sale and rent
- Housing units
- 9,869
- Owner-occupied
- 72.8%
- Renter-occupied
- 27.2%
- Vacant
- 8.8%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.28
Saco demographics
- Population
- 20,819
- Median age
- 44.9
- Under 18
- 16.7%
- 65 and older
- 18.5%
- Households
- 8,998
- Foreign-born
- 7.7%
- Veterans
- 6.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Saco ›
Education in Saco
43.5% of adults 25 and older in Saco have a bachelor's degree or higher (Maine: 36.2%), and 14.9% have a graduate or professional degree.
Jobs and commute in Saco
- Unemployment rate
- 2.1%State: 3.8%
- Average commute
- 24 minState: 25 min
- Work from home
- 19%
- Drive alone
- 70.4%
- Public transit
- 0.8%
- Walk to work
- 1.4%
- Homes with broadband
- 93.9%
Saco vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Saco | 20,819 | $92,241 | $413,100 | $1,249 |
| Old Orchard Beach | 9,244 | $60,050 | $366,600 | $1,246 |
| Dunstan | 2,363 | $91,067 | $539,000 | $1,770 |
| Scarborough | 23,215 | $133,558 | $551,900 | $1,956 |
| Oak Hill | 5,631 | $97,610 | $429,100 | $1,743 |
| Biddeford | 22,498 | $72,333 | $396,600 | $1,292 |
| Dayton | 2,313 | $113,750 | $398,200 | $1,215 |
| Arundel | 4,418 | $101,597 | $421,300 | $1,607 |
| Buxton | 8,512 | $100,144 | $356,800 | $1,613 |
More for people moving to Saco
Saco ZIP code ›Weather and climate ›Living in Saco: FAQ
What is the median household income in Saco, ME?
The median household income in Saco is $92,241, 23% higher than the Maine median of $74,733 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Saco?
The median home value in Saco is $413,100, compared with $296,600 in Maine.
How much is rent in Saco?
The median gross rent in Saco is $1,249 per month, about 30.1% of household income.
Is Saco, ME a good place to live?
Pluses: median household income 23% higher than the Maine median; an average commute of 24 minutes; unemployment of 2.1%; a poverty rate of 6.4%. Minuses: home values 39% higher than the state median.
What is the median age in Saco?
The median age in Saco is 44.9 years (Maine: 44.8).
How long is the commute in Saco?
The average commute to work in Saco is 24 minutes; 19% of workers work from home.
What is the unemployment rate in Saco?
The unemployment rate in Saco is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Saco?
43.5% of adults in Saco have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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