Last updated: 2024 BLS data · Page refreshed:
Saco has a population of 20,819 with a median age of 44.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 20,819 |
| Median Age | 44.9 |
| White | 84.6% |
| Black or African American | 1.9% |
| Asian | 1.2% |
| Hispanic or Latino | 3.5% |
| Other / Two or More Races | 8.8% |
The median household income in Saco is $92,241, which is 14.4% above the national median of $80,610. The per capita income is $51,652. The poverty rate is 6.4%.
The unemployment rate in Saco is 2.6%, compared to the national rate of 4.1%.
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In Saco, 96.5% of residents age 25+ have a high school diploma or higher, and 43.5% hold a bachelor's degree or higher (14.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.5% |
| Bachelor's Degree or Higher | 43.5% |
| Graduate or Professional Degree | 14.9% |
The median home value in Saco is $413,100, above the national median of $303,400. The median monthly rent is $1,249. The homeownership rate is 72.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $413,100 |
| Median Monthly Rent | $1,249 |
| Homeownership Rate | 72.8% |
| Vacancy Rate | 8.8% |
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