Hallowell, ME
Population 2,570 · Maine
About Hallowell, ME
Hallowell is a small community in Maine with a population of 2,570 residents. The median household income is $58,811 per year, which is near the national average. The median age in Hallowell is 49.8 years.
Housing in Hallowell has a median home value of $266,700 and median monthly rent of $830. Of the 1,436 total housing units, the majority are owner-occupied, with 754 owner-occupied and 563 renter-occupied units.
The unemployment rate in Hallowell is 0.5% and the poverty rate is 12.0%. 46.4% of residents hold a bachelor's degree or higher. The average commute time is 14.9 minutes.
How Hallowell Ranks in Maine
Cost of Living in Hallowell, ME
Compared to national averages, Hallowell has a median household income of $58,811 (22% below the national median of $75,149). Home values average $266,700, which is 9% above the national median. Monthly rent at $830 is 29% below the US average of $1,163. Within Maine, Hallowell's income is 9% below the state average of $64,613, and home values are 6% above the state median of $251,113.
Why Live in Hallowell, ME?
Hallowell offers rent that’s lower than the national average at $830/month, and a strong job market with an unemployment rate of just 0.5%, and a well-educated community where 46.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 12.0%, better than the national average, and short commute times averaging just 14.9 minutes.
Potential considerations include median household income ($58,811) that falls below the national average. However, Hallowell’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hallowell has a population of 2,570 with a median age of 49.8 years. Compare Hallowell with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Hallowell
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| South Paris | 2,570 | $56,823 | $186,300 | Compare |
| Lincoln | 2,576 | $33,750 | $120,200 | Compare |
| Cape Neddick | 2,578 | $98,113 | $636,100 | Compare |
| Madison | 2,552 | $43,095 | $70,800 | Compare |
| Winthrop | 2,666 | $54,612 | $240,700 | Compare |
| Fort Kent | 2,453 | $58,750 | $137,000 | Compare |
| Fairfield | 2,432 | $50,718 | $140,200 | Compare |
| Oakland | 2,714 | $44,846 | $142,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maine
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Hallowell With Other Cities
Frequently Asked Questions about Hallowell
What is the population of Hallowell, ME?
The population of Hallowell, ME is 2,570 according to the latest Census data.
What is the median household income in Hallowell?
The median household income in Hallowell, ME is $58,811 per year.
What is the median home value in Hallowell?
The median home value in Hallowell, ME is $266,700.
What is the average rent in Hallowell?
The median monthly rent in Hallowell, ME is $830.
What is the unemployment rate in Hallowell?
The unemployment rate in Hallowell, ME is 0.5%.