Hallowell, ME demographics:
population, income, and more
Hallowell population
How many people live in Hallowell
Hallowell is home to 2,592 residents, according to the most recent Census data. Gender-wise, 46.3% of Hallowell locals are male, and 53.7% are female.
Age demographics
The median age in Hallowell is 50, with the population distributed as follows: about 8.2% are children under 15, then 13.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 22.4% of the population, while another 23% fall into the 45 to 64 bracket. Finally, around 33.2% are 65 or older.
Racial makeup
In Hallowell, 95.3% of the population are US-born citizens, while 2.4% have gained naturalized citizenship. At the same time, 2.3% of residents are non-citizens. As for race, 98.7% of locals are Caucasian, 0.2% are African American and 0.2% have Asian roots. There’s also a share of 0.4% that includes residents with two or more races.
Households in Hallowell
A peek inside Hallowell households
Hallowell has 1,289 households, with an average of 2 members in each. Of these, 51.8% are families, while the remaining 48.2% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Hallowell
The housing landscape of Hallowell
Hallowell's housing consists of 1,455 units, with 50.2% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.8% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 3.4% of the housing landscape.
The age of buildings in Hallowell
In Hallowell, the median construction year is 1938. About 57% of homes were built before the 1940s, with another 4.3% going up by 1949. Most development happened in the second half of the 20th century. Then, 3.6% of homes were added from 2000 to 2009, 2.8% between 2010 and 2019, and 2.2% are part of the newest wave of development.
Hallowell occupancy rates
Out of the 1,289 occupied housing units in Hallowell, 58.3% are owner-occupied, while 41.7% are lived in by tenants. Meanwhile, 11.4% of all homes on the local market sit vacant.
Hallowell housing costs
Housing costs in Hallowell come to a median of $1,020 per month, while tenants specifically pay a median gross rent of $890.
Education in Hallowell
Hallowell education at a glance
About 19.5% of the population in Hallowell went to high school, while 16.1% pursued college studies. Another 11.7% earned an associate degree and 25.4% hold a bachelor’s. Meanwhile, 22.6% went even further, earning a master’s or doctorate.
Income in Hallowell
How much people earn in Hallowell
The average annual household income in Hallowell was $90,513 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +12.3% change from the previous year. At the same time, the median income stood at $68,398, reflecting a +16.3% shift over the same period.
Hallowell income by age
In Hallowell, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $60,296. Those with someone between 45 and 64 in charge, often well established professionally, earn $95,066 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $36,204, while those led by someone over 65, many of whom may be retired, have about $58,750 in earnings. Overall, 92.2% of the locals in this community live above the poverty line.
Average renter income in Hallowell
To get a better sense of what renters earn on average in Hallowell, their median household income was $44,702 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 23.9%, shows what portion of their earnings goes toward housing expenses.
Employment in Hallowell
Workforce and job types in Hallowell
The job market in Hallowell is powered by 1,425 working residents, spread across a range of industries and roles. 94.9% of the working population are employed in professional or administrative positions, while 5.1% are in hands-on or service-based jobs. Also, 10% run their own businesses, 56.8% are employed by private companies, and 19.8% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Hallowell stands at 0.3%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Hallowell
How people get around in Hallowell
In Hallowell, the average commute time is 14 minutes. Commuting methods vary: 75.8% of residents travel by personal vehicle and 4.5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Hallowell by zipcode?
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FAQs about Hallowell demographics
What is the total population of Hallowell?
What is the gender ratio in Hallowell?
- 46.3% males (1,200 residents)
- 53.7% females (1,392 residents)
What is the median age in Hallowell?
What is the age distribution of the population in Hallowell?
- Under 15: 8.2% (213 residents)
- Ages 15-24: 13.2% (342 residents)
- Ages 25-44: 22.4% (581 residents)
- Ages 45-64: 23% (596 residents)
- Over 65: 33.2% (860 residents)
What is the racial and ethnic makeup of Hallowell?
- White: 98.7% (2,559 residents)
- Black or African American: 0.2% (6 residents)
- American Indian and Alaska Native: 0.1% (2 residents)
- Asian: 0.2% (5 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 0.4% (10 residents)
- Other: 0.4% (10 residents)
What percentage of the population in Hallowell are U.S.-born citizens?
How many housing units are there in Hallowell?
How many households are in Hallowell and what is the average household size?
What is the median household income in Hallowell?
What is the employment rate and job market overview for Hallowell?
Job types:
- White-collar workers: 94.9% (1,352 residents)
- Blue-collar workers: 5.1% (73 residents)
Places of employment:
- Self-employed: 10% (142 residents)
- Private companies: 56.8% (810 residents)
- Governmental workers: 19.8% (282 residents)
- Not-for-profit companies: 13.4% (191 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.