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Saco, Maine

city · York County

At a glance

20,819
Population
$413,100
Median home value (all homes)
36% above U.S. median
$531,575
Typical market value
Zillow, 2026-07
$1,249/mo
Median rent
7% below U.S. median
$92,241
Median household income
17% above U.S. median
23.8 min
Average commute
93.9%
Homes with broadband
70.83%
Locations with fiber available
2.1%
Unemployment

Cost of living (Clay Affordability Index)

CAI 111 — 11% above the national average. how it's computed

Housing54% above
Goods & services0% above
Utilities8% above
Taxes33% below
Insurance37% below
Commute cost12% below
For business: Maine is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college4 mi
Nearest community college9 mi
Nearest technical college10 mi
High school graduates96.5%
College graduates43.5%

Doing business here

Economic development contacts, most local first:

city Saco
county The Southern Maine Finance Agency
The Southern Maine Finance Agency (SMFA) provides financing options for Maine businesses, offering gap financing for projects and various loan programs; it now offers SBA 504 Loans as part of its financing options.
state Loring Development Authority
Associated with the Loring Commerce Centre, a busy commercial, industrial and aviation park in northern Maine that offers assets to support business development.
state Maine Department of Economic & Commercial Dev
The Maine Department of Economic and Community Development (DECD) is the state agency that works with statewide and local partners, private industry and small businesses to enhance economic prosperity in Maine. It helps communities attract jobs and grow infrastructure through programs, tax credits, reimbursements, R&D credits, capital loans, and direct investment.
state Maine Development Foundation
The Maine Development Foundation is a non-partisan statewide driver of sustainable economic growth in Maine. It connects people, decision-makers, and communities through trusted research, leadership development, and creative partnerships to stimulate new ideas, solve problems, and improve lives.
state Maine State Chamber of Commerce
The Maine State Chamber of Commerce is Maine’s largest business association, serving as The Voice of Maine Business and advocating for a positive business climate and a strong state economy through advocacy, access, and awareness.
state Sunrise County Eco Council
Sunrise County Economic Council (SCEC) is a regional economic development organization serving Washington County, Maine; it initiates and facilitates job creation and prosperity by partnering with a consortium of community-minded businesses, not-for-profit organizations, municipalities and citizens.
State sales taxYes
State income taxYes
Right-to-work stateNo

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