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Hallowell, Maine Demographics & Population 2026

During the 2020–2024 ACS period, Hallowell, Maine had a total population of 2,592, the 56th largest city in Maine, with a median household income of $68,398, which is 8% lower than the state average. The poverty rate is 7.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Hallowell Quick Facts

Population 2,592
Median Household Income $68,398
Median Home Value $295,300
Poverty Rate 7.8%
Unemployment Rate 0.3%
Median Age 50.3 years
Homeownership Rate 58.3%
Affordability Ratio 4.3x
Bachelor's Degree or Higher 52.5%
High School Graduation Rate 92.8%
Diversity Index 3/100
Population 2,592 56th of 155
Median Income $68,398 average
Poverty Rate 7.8% 37% lower than national
Median Home Value $295,300 above average

How Hallowell Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,5702,592+0.9%
Median household income$58,811$68,398+16.3%
Median home value$266,700$295,300+10.7%

How Hallowell Compares

Economy & Housing

Household Income Distribution

Under $25K 21.3%
$25K-$50K 12.5%
$50K-$100K 32.9%
$100K+ 33.4%
Detailed income brackets
Under $10K
4.4%
$10K-$15K
0.9%
$15K-$20K
7.6%
$20K-$25K
8.3%
$25K-$30K
6.8%
$30K-$35K
1.4%
$35K-$40K
2.1%
$40K-$45K
0.0%
$45K-$50K
2.3%
$50K-$60K
9.0%
$60K-$75K
16.9%
$75K-$100K
7.0%
$100K-$125K
8.2%
$125K-$150K
6.0%
$150K-$200K
8.7%
$200K+
10.5%

Employment

0.3% Unemployment Rate State: 3.8%|National: 5.2%
63.5% Labor Force Participation

Housing Overview

Owner 58.3%
Renter 41.7%
Affordability Index Moderate
4.3x home value to income ratio
Median gross rent $890/mo 15.6% of median household income annually

People & Demographics

Diversity Index

3out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 19 | National average: 61

Education

Hallowell Rankings in Maine

#56 Population of 155
#60 Median Income of 144
#20 Education of 155
#52 Home Value of 153

Other Cities in Kennebec County

CityPopulationMedian IncomePovertyHome Value
Augusta 19,077 $47,979 18.2% $201,000
Waterville 17,077 $53,580 20.6% $184,600
Gardiner 6,088 $71,782 10.4% $221,600
Winslow 5,873 $59,547 11.3% $217,900
Winthrop 3,108 $61,058 21.3% $244,900
Oakland 2,710 $44,848 13.7% $167,000
Farmingdale 2,064 $62,006 16.8% $239,200
Randolph 1,610 $66,574 15.7% $174,300
Clinton 1,381 $70,625 1.4% $163,800

Cities Similar to Hallowell

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Madison2,676$61,698$163,90018.6%13.0%
Bar Harbor2,296$67,701$626,90063.4%14.4%
Dover-Foxcroft2,745$56,250$158,80028.6%18.5%
Calais3,097$64,096$111,10025.3%21.4%
Pittsfield3,084$61,458$162,10026.5%18.1%

Population Overview

Hallowell is a small community located in Maine, within Kennebec County. The total population is 2,592. It ranks as the 56th most populous out of 155 Census-designated places in Maine.

Age Demographics

The median age in Hallowell is 50.3 years. This is 12% higher than the state median of 44.8 years. Only 13.2% of residents are under 18, indicating fewer families with children. 13.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Hallowell is $68,398. This is 8% lower than the state median of $74,733. It is also 15% lower than the national median of $80,734. The poverty rate stands at 7.8%. This is 27% lower than the state poverty rate of 10.8%. The unemployment rate is 0.3%. This is 93% lower than the state rate of 3.8%. The median home value is $295,300. Housing costs are about the same as the state median of $296,600. The home-value-to-income ratio is 4.3x. 58.3% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 74.3%.

Race & Ethnicity

Hallowell has a predominantly White (non-Hispanic) population, comprising 98.7% of all residents. Hispanic or Latino residents account for 0.4%. The Black or African American population (0.2%) is well below the state average of 1.8%. The Hispanic or Latino population (0.4%) is well below the state average of 2.2%. The Asian population (0.2%) is well below the state average of 1.1%.

Education

52.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 45% higher than the state rate of 36.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.8%. Notably, 25.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Hallowell, Maine is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Maine state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 155 Census-designated places in Maine. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Hallowell, Maine?

Hallowell, Maine has a population of 2,592 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hallowell, ME?

The median household income in Hallowell is $68,398, which is 15% lower than the national median of $80,734.

What is the poverty rate in Hallowell, ME?

The poverty rate in Hallowell is 7.8%. This means approximately 193 residents live below the federal poverty line.

What is the racial makeup of Hallowell, Maine?

Hallowell's population is 98.7% White, 0.2% Black, 0.4% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Hallowell, ME?

The median home value in Hallowell is $295,300. The home-value-to-income ratio is 4.3x.

How educated is Hallowell, Maine?

52.5% of adults (25+) in Hallowell hold a bachelor's degree or higher, and 25.0% hold a graduate or professional degree.