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Economy in Bangor, Maine

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyBangor, MEUnited States
Unemployment Rate7.60%9.10%
Recent Job Growth-0.70%-0.12%
Future Job Growth31.00%31.25%
Sales Taxes5.00%6.80%
Income Taxes8.50%6.25%
Income per Cap.$23,319$27,067
Household Income$34,662$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K21.55%12.10%
Income between 15K and 25K13.94%10.18%
Income between 25K and 35K14.88%10.56%
Income between 35K and 50K15.57%14.98%
Income between 50K and 75K15.40%19.53%
Income between 75K and 100K7.96%12.52%
Income between 100K and 150K6.92%12.14%
Income between 150K and 250K1.72%3.91%
Income between 250K and 500K1.81%3.34%
Income greater than 500K0.24%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.90%13.81%
Professional and Related Occupations25.03%22.68%
Service17.27%14.51%
Sales and Office27.88%25.22%
Farming, Fishing, and Forestry0.35%0.68%
Construction, Extraction, and Maintenance7.01%9.37%
Production, Transportation, and Material Moving11.83%15.86%
Median Household Income

The unemployment rate in Bangor, ME, is 7.60%, with job growth of -0.70%. Future job growth over the next ten years is predicted to be 31.00%.

Bangor, ME Taxes

Bangor, ME,sales tax rate is 5.00%. Income tax is 8.50%.

Bangor, ME Income and Salaries

The income per capita is $23,319, which includes all adults and children. The median household income is $34,662.


Bangor Economy SperlingViews

climate: how is the... (read more)Relaxed Living: Relaxed pace of life. Not much diversity as far as jobs go. Mild winters in last few... (read more)Outdoor Magazine Will Discover Bangor!: With the beautiful Kenduskeag Stream dividing the east and west sides and the majestic Penobscot flowing by, Bangor has a beautiful city site. It is also a city of... (read more)Have an opinion about Bangor? Leave a commentTo See All SperlingViews for Bangor Click Here