Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 53.4 yrs |
|---|---|
| Avg HH Size | 2.12 |
| Below Poverty | 25.4% ▲ 154% above avg |
| College Grads | 21.2% ▼ 45% below avg |
| Unemployment | 15.1% ▲ 209% above avg |
| No HS Diploma | 5 (0.6%) |
| HS Graduate | 423 (51.1%) |
| Some College | 100 (12.1%) |
| Associates | 124 (15%) |
| Bachelors | 96 (11.6%) |
| Graduate Degree | 79 (9.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $46,125 ▼ 40% below avg |
|---|---|
| Median Home Value | $84,500 ▼ 70% below avg |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $766/mo |
| Total Housing Units | 654 |
| Vacant Units | 114 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Medway is a city in Maine, located in Penobscot County. The city spans 1 ZIP code and is home to approximately 1,144 residents. It is a mature city, with a median age of 53.4 years.
Economically, Medway is a working-class community. The median household income of $46,125 is below the national average. Approximately 25.4% of residents live below the poverty line. The unemployment rate is 15.1%, more than double the national average.
The real estate market in Medway is one of the more affordable housing markets in the country. Median home values stand at $84,500, which is well below the national average. Renters typically pay around $766 per month. Homeownership is high at 81.9%, typical of suburban and family-oriented communities.
The population of Medway is less-educated. 21.2% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (97.55%).
Medway, ME offers residents a cost-conscious lifestyle within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04460 | 1,144 | $46,125 | $84,500 | $766 | 15.1% | 21.2% | 81.9% |