Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Schools
High test scores, elevated graduation rates as well as the conveniently located elementary and high schools in this area have all contributed to the high score in the schools category.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Cost Of Living
Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.
Health & Safety
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Located in the state of Maine, Cape Neddick is a small-sized city with a population of 2,635 inhabitants. According to the most recent Census, 100% of Cape Neddick residents are White, 0% Black and 0% Asian. The Cape Neddick population appears to be aging at a faster rate than normal. The median age is currently 56, which is on the high side when compared to most other cities. If you prefer shorter commutes, living in Cape Neddick will be a delight. With an average one-way commute time of just 20 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a great experience if you are willing to get to know the area before actually living in Cape Neddick, Maine. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Cape Neddick and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, commute, health & safety, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Maine and national averages.
Cape Neddick, ME receives 72 out of 100 for its livability score; this results in a ranking of #47 in Maine and #5,806 in the USA. Based on the rankings for each individual category, Cape Neddick has received high marks for crime (A+), education (B+), employment (A+) and housing (A). On a more negative note, Cape Neddick does not have favorable scores for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.
The Cape Neddick unemployment rate of 1.9% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Cape Neddick market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Cape Neddick meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Cape Neddick. Everything else becomes a lot less important if it turns out that home prices in Cape Neddick are simply unattainable. Median real estate prices in Cape Neddick come in at $834,039, which is 168% higher than the Maine average. The home price to income ratio compares the median home prices to the median household income. In Cape Neddick, the home price to income ratio is 6.3, which is 53.7% higher than the Maine average.
| Statistic | Cape Neddick | Maine | National |
| Average one way commute | 20min | 24min | 26min |
| Workers who drive to work | 94.8% | 78.2% | 76.4% |
| Workers who carpool | 2.2% | 10.1% | 9.3% |
| Workers who take public transit | 0.0% | 0.6% | 5.1% |
| Workers who bicycle | 0.0% | 0.4% | 0.6% |
| Workers who walk | 0.0% | 4.0% | 2.8% |
| Working from home | 2.9% | 5.5% | 4.6% |
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