Economy in Cherryfield, Maine
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Economy
| Unemployment Rate | 18.00% | 9.10% |
| Recent Job Growth | -4.05% | -0.12% |
| Future Job Growth | 13.90% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 8.50% | 6.25% |
| Income per Cap. | $16,438 | $27,067 |
| Household Income | $27,063 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 28.45% | 12.10% |
| Income between 15K and 25K | 18.56% | 10.18% |
| Income between 25K and 35K | 14.02% | 10.56% |
| Income between 35K and 50K | 17.94% | 14.98% |
| Income between 50K and 75K | 11.75% | 19.53% |
| Income between 75K and 100K | 4.74% | 12.52% |
| Income between 100K and 150K | 2.88% | 12.14% |
| Income between 150K and 250K | 1.44% | 3.91% |
| Income between 250K and 500K | 0.21% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.76% | 13.81% |
| Professional and Related Occupations | 19.29% | 22.68% |
| Service | 12.94% | 14.51% |
| Sales and Office | 16.47% | 25.22% |
| Farming, Fishing, and Forestry | 7.29% | 0.68% |
| Construction, Extraction, and Maintenance | 14.82% | 9.37% |
| Production, Transportation, and Material Moving | 17.65% | 15.86% |
The unemployment rate in Cherryfield, ME, is 18.00%, with job growth of -4.05%. Future job growth over the next ten years is predicted to be 13.90%.
Cherryfield, ME Taxes
Cherryfield, ME,sales tax rate is 5.00%. Income tax is 8.50%.
Cherryfield, ME Income and Salaries
The income per capita is $16,438, which includes all adults and children. The median household income is $27,063.
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