Hallowell, ME
2,592Residents
$68,398Median household income
$890/moMedian gross rent
$295,300Median home value
50.3Median age
53%Adults with a bachelor’s degree or higher
58%Homes lived in by their owners
4.3×Home value to household income
Median rent takes about 16% of the median household income in Hallowell.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $36,000 a year. In Maine that leaves roughly $2,397 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.