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Economy in Belfast, Maine

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

Economy
EconomyBelfast, MEUnited States
Unemployment Rate10.20%9.10%
Recent Job Growth-0.56%-0.12%
Future Job Growth28.68%31.25%
Sales Taxes5.00%6.80%
Income Taxes8.50%6.25%
Income per Cap.$26,639$27,067
Household Income$44,582$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K14.45%12.10%
Income between 15K and 25K13.66%10.18%
Income between 25K and 35K12.44%10.56%
Income between 35K and 50K15.00%14.98%
Income between 50K and 75K18.75%19.53%
Income between 75K and 100K11.75%12.52%
Income between 100K and 150K9.76%12.14%
Income between 150K and 250K2.40%3.91%
Income between 250K and 500K1.61%3.34%
Income greater than 500K0.20%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.34%13.81%
Professional and Related Occupations19.64%22.68%
Service14.47%14.51%
Sales and Office28.06%25.22%
Farming, Fishing, and Forestry0.89%0.68%
Construction, Extraction, and Maintenance10.13%9.37%
Production, Transportation, and Material Moving13.35%15.86%
Median Household Income

The unemployment rate in Belfast, ME, is 10.20%, with job growth of -0.56%. Future job growth over the next ten years is predicted to be 28.68%.

Belfast, ME Taxes

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

Belfast, ME Income and Salaries

The income per capita is $26,639, which includes all adults and children. The median household income is $44,582.


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