Cape Neddick is a small town in Maine with a population of slightly more than 2,000. Middle-aged professionals can expect to feel welcome, as they make up an above-average portion of the population, while young adults appear in smaller numbers. Overall, the town's residents, at an average age of just under 46, are older than most cities in Maine. Renters tend to be in the minority in Cape Neddick, and 76% of residents own their homes. Relatively high rent costs may play a role, as the average rent of $1,154/month is substantially higher than the state average of $852.
Cape Neddick has an average commute time of about 29 minutes, longer than the state average of about 23 minutes. Many residents (47%) commute to work by car, while public transit isn't used. Not many residents commute to work on foot.
Many Cape Neddick residents work in one of three industries: healthcare, retail, and entertainment. Together, these industries account for 30% of the workforce in the town. Meanwhile, in terms of job function, many of the town's residents work in management, as 11% of the town's population reports this as their field of work, the highest number of any career path. Cape Neddick workers bring in an average annual income of around $97,000, eighth-highest in the state. The town's average income also compares favorably to the national average ($73,345). Cape Neddick has a large percentage of residents over the age of 25 who have advanced degrees compared to the national average (7%), as 12% have earned a Master's degree or a Doctorate. In addition, 26% possess a Bachelor's degree, which also outpaces the national average.
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