HomeMaineKennebec CountyWaterville
Waterville, Maine: commercial real estate data.
Waterville is a Census city of 17,077 people across 13.53 square miles of land, in Kennebec County. Median household income is $53,580, 48.8 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $4.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Waterville
What Waterville is
- Census place typecity
- Land area13.53 sq mi
- Water area0.47 sq mi
- Population per square mile of land1,262
- County holding the largest share of its areaKennebec County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterville
How many people live in Waterville
- Population17,077
- Median age35.5
- Population under 182,454
- Share under 1814.4 percent
- Population 65 and over3,131
- Share 65 and over18.3 percent
- Households6,804
- Family households3,270
- Share of households that are families48.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterville
Income and work in Waterville
- Median household income$53,580
- Per capita income$32,905
- Civilian labor force8,347
- Employed7,889
- Unemployed458 plus or minus 184
- Unemployment rate5.5 percent plus or minus 2.2
- Adults 25 and over10,645
- Adults 25 and over with a high school diploma or higher91.6 percent
- Adults 25 and over with a bachelor degree or higher30.8 percent
- Adults 25 and over with a graduate degree14.3 percent plus or minus 3.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterville
Housing in Waterville
- Housing units7,312
- Occupied units6,804
- Vacant units508 plus or minus 180
- Vacancy rate6.9 percent plus or minus 2.4
- Owner occupied3,318
- Renter occupied3,486
- Ownership rate48.8 percent
- Median owner-occupied home value$184,600
- Median gross rent, monthly$978
- Annual rent as a share of median income21.9 percent
- Single family units3,208
- Share single family43.9 percent
- Units in buildings of two or more3,805
- Share in buildings of two or more52.0 percent
- Mobile homes299 plus or minus 142
- Median year structure built1959
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterville
How Waterville gets to work
- Workers 16 and over who commute6,448
- Commuting under 15 minutes3,493
- Share commuting under 15 minutes54.2 percent
- Commuting 30 minutes or more1,398 plus or minus 308
- Share commuting 30 minutes or more21.7 percent plus or minus 4.4
- Drove alone69.1 percent
- Carpooled4.0 percent plus or minus 1.8
- Public transport0.0 percent
- Walked5.9 percent plus or minus 3.4
- Worked from home16.6 percent plus or minus 5.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Waterville
SBA loans in Waterville (7(a))
- Approvals14
- Gross approval$4,580,000
- Average approval$327,143
- Median approval$107,500
- Largest approval$2,005,000
- Jobs supported112
- Jobs per approval8.0
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more28.6 percent
- Share to franchises0.0 percent
- Distinct lenders11
- Distinct industries by NAICS10
Counted by borrower city: approvals to borrowers whose address is in Waterville, in any county, FY2020 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Waterville
SBA loans in Waterville (504)
- Approvals2
- Gross approval$768,000
- Average approval$384,000
- Median approval$384,000
- Largest approval$496,000
- Jobs supported22
- Loans with a final outcome0
- Charged off0
- Median term270 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Waterville, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Waterville
Flood risk in Waterville
- NFIP communityCity of Waterville
- NFIP community number230070
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/16/11
The City of Waterville participates in the National Flood Insurance Program as community 230070 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Kennebec County, not Waterville
Kennebec County context, not Waterville figures
- Establishments in Kennebec County3,318
- Covered employment, Kennebec County62,487
- Average annual pay, Kennebec County$60,846
- Housing units permitted, Kennebec County480
Every figure in this section is published for Kennebec County as a whole and is not a measurement of Waterville.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Waterville questions, answered from the record.
How many people live in Waterville, Maine?
17,077, in 6,804 households. Waterville city covers 13.53 square miles of land, which is 1,262 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Waterville in?
Kennebec County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Waterville?
$53,580. The median owner-occupied home is valued at $184,600. Median gross rent is $978 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Waterville businesses?
14 7(a) approvals totaling $4.6 m since FY2020, across 11 lenders, median approval $107,500, plus 2 504 approvals worth $768,000 since FY2010. These count approvals to borrowers whose address is in Waterville, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Waterville borrowers get paid back?
No rate is published for Waterville. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Waterville in the National Flood Insurance Program?
Yes. Waterville appears in the FEMA Community Status Book as Waterville, city of, community 230070, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Waterville figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Kennebec County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Waterville.
Is zoning published for Waterville?
No. Nothing on this page presents parcel level zoning.
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