Sanford is a mid-sized city located in the state of Maine. The city has a population of 20,887 people. If we look at the most recent Census, Sanford is known to have a predominantly White population. The next two most common races are Asian and Black. If finding a family friendly city is important to you, look no further. With more than 70% of the population considered married and 65% with kids under the age of 18, Sanford could be considered a very suitable city for families.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Sanford, Maine could be a positive experience for anyone who puts in the effort to do the research required. Using the livability score which includes data from categories like cost of living, education, employment, you can easily compare the best places to live in Sanford and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Sanford to Maine and the national average.
Using data and statistics Sanford has received a livability score of 58/100. This score is ranked in the 14th percentile when compared to all other cities. This is not a favorable rating; as this score ranks among some of the lowest in America. Living in Sanford may not be a pleasant experience. Based on the rankings for each individual category, Sanford has been rewarded with high marks for amenities (A-). There are some categories that Sanford does not rank well for, including: weather (F), education (F), employment (D) and housing (F). It might be worth taking a closer look to find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Sanford has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
Assuming that Sanford meets all of your requirements, the next most important item to examine is the affordability of real estate in Sanford. Everything else becomes a lot less important if it turns out that home prices in Sanford are simply unattainable. Median real estate prices in Sanford come in at $163,600, which is 7% lower than the Maine average. The home price to income ratio compares the median home prices to the median household income. In Sanford, the home price to income ratio is 3.8, which is 8.6% higher than the Maine average. Year over year appreciation rates for homes in the Sanford area were 9.5% and the 5 year appreciation rates came in at 2.9%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.