Hallowell, a city located in the state of Maine (ME), is home to a population of approximately 2,558 people. Hallowell boasts a median age of 49.5, with around 39.7% of its residents aged 60 or above. 11.1% of the population identifies as US Veterans. 17.3% of Hallowell residents are disabled. The city has an average household income of $62,990, while the unemployment rate stands at 0.9%, and around 11.8% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Hallowell is $234,095, with a monthly rent averaging $835.