Living in Wade, Maine

Cost of living, income, home prices, rent and demographics of Wade · Census data 2020–2024

Wade has 244 residents with a median age of 53.6. The median household income is $41,818 (44% lower than the Maine median), the median home value is $157,100.

Wade is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Wade at a glance

Population
244
Median age
53.6State: 44.8
Median household income
$41,818State: $74,733
Median home value
$157,100State: $296,600
Homeowners
78.3%
Bachelor's degree or higher
33.2%
Average commute
34 min

Is Wade a good place to live?

Pros: Home values 47% lower than the state median; unemployment of 2.7%; a poverty rate of 4.2%.

Cons: Median household income 44% lower than the Maine median; an average commute of 34 minutes.

The weather is best in June to September.

Cost of living in Wade

Housing is the biggest part of the cost of living. In Wade the median home value is $157,100, 53% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,500 a month in housing costs.

Median home value

Wade$157,100
Maine$296,600
United States$332,700

Median monthly rent

Maine$1,139
United States$1,413

Wade median household income

The median household income in Wade is $41,818 and the income per person is $36,000. 4.2% of residents live below the poverty line (Maine: 10.7%).

Median household income

Wade$41,818
Maine$74,733
United States$80,734

Housing in Wade: homes for sale and rent

Housing units
131
Owner-occupied
78.3%
Renter-occupied
21.7%
Vacant
8.4%Includes seasonal homes
Median year built
1951
Average household size
2.03

Wade demographics

Population
244
Median age
53.6
Under 18
16.4%
65 and older
34.8%
Households
120
Foreign-born
2.5%
Veterans
13.2%Adults 18+

Race and ethnicity

White84.4%
Hispanic or Latino6.6%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Wade ›

Education in Wade

33.2% of adults 25 and older in Wade have a bachelor's degree or higher (Maine: 36.2%), and 8.4% have a graduate or professional degree.

Bachelor's degree or higher

Wade33.2%
Maine36.2%
United States35.7%

Jobs and commute in Wade

Unemployment rate
2.7%State: 3.8%
Average commute
34 minState: 25 min
Work from home
10.1%
Drive alone
73%
Public transit
0%
Walk to work
2.2%
Homes with broadband
74.2%

Wade vs nearby towns

TownPopulationMedian incomeHome valueRent
Wade244$41,818$157,100—
Washburn1,355$56,196$112,900$482
Castle Hill281$54,250$145,300$950
Perham326$62,500$117,600—
Woodland1,196$64,464$150,300—
Mapleton1,884$91,731$191,800$610
Portage Lake374$60,000$202,200$1,100
Ashland1,080$46,838$125,000—
Westmanland108$63,750$222,900—

More for people moving to Wade

Wade ZIP code ›Weather and climate ›

Living in Wade: FAQ

What is the median household income in Wade, ME?

The median household income in Wade is $41,818, 44% lower 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 Wade?

The median home value in Wade is $157,100, compared with $296,600 in Maine.

Is Wade, ME a good place to live?

Pluses: home values 47% lower than the state median; unemployment of 2.7%; a poverty rate of 4.2%. Minuses: median household income 44% lower than the Maine median; an average commute of 34 minutes.

What is the median age in Wade?

The median age in Wade is 53.6 years (Maine: 44.8).

How long is the commute in Wade?

The average commute to work in Wade is 34 minutes; 10.1% of workers work from home.

What is the unemployment rate in Wade?

The unemployment rate in Wade is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Wade?

33.2% of adults in Wade 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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