Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 52.2 yrs |
|---|---|
| Avg HH Size | 2.32 |
| Below Poverty | 12.6% ▲ 26% above avg |
| College Grads | 43.6% ▲ 12% above avg |
| Unemployment | 3.4% ▼ 31% below avg |
| HS Graduate | 286 (29.7%) |
| Some College | 85 (8.8%) |
| Associates | 172 (17.9%) |
| Bachelors | 87 (9%) |
| Graduate Degree | 332 (34.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $72,308 ≈ Avg |
|---|---|
| Median Home Value | $265,300 ≈ Avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $1,425/mo |
| Total Housing Units | 1,319 |
| Vacant Units | 763 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lovell is a city in Maine, located in Oxford County. The city spans 1 ZIP code and is home to approximately 1,291 residents. It is a mature city, with a median age of 52.2 years.
Economically, Lovell is a solidly middle-class community. The median household income of $72,308 is near the national average. Approximately 12.6% of residents live below the poverty line. The unemployment rate is 3.4%, below the national average.
The real estate market in Lovell is a mid-range housing market. Median home values stand at $265,300, which is near the national average. Renters typically pay around $1,425 per month. Homeownership is high at 85.1%, typical of suburban and family-oriented communities.
The population of Lovell is well-educated. 43.6% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (92.33%).
Lovell, ME offers residents a cost-conscious lifestyle within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04051 | 1,291 | $72,308 | $265,300 | $1,425 | 3.4% | 43.6% | 85.1% |