Bowerbank, Maine Housing

Bowerbank, Maine has a population of 116, with a median household income of $61,200.

Current housing data for Bowerbank.

$246,800

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Population

116

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Median Income

$61,200

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Unemployment

3.10%

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Housing Price

$246,800

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Crime Rate

2.80

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Internet Speed

162.00 Mbps

Bowerbank is a small local community located in Maine. The city has a population that is below the average city population in Maine, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Bowerbank is a notable city in Maine, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Bowerbank has a population of 116, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Bowerbank is $61,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Bowerbank is about $246,800, making it relatively affordable compared to many cities in Maine.

Employment and Safety

The unemployment rate in Bowerbank is 3.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Bowerbank are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Maine, Bowerbank shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Bowerbank continues to play a role in shaping regional trends in Maine, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Bowerbank

What is the population of Bowerbank?

The population of Bowerbank is approximately 116.

Is Bowerbank a good place to live?

Bowerbank offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Bowerbank?

The median household income in Bowerbank is around $61,200.

How expensive is housing in Bowerbank?

The average housing price in Bowerbank is approximately $246,800.