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Economy in Cumberland, Maine

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

Economy
EconomyCumberland, MEUnited States
Unemployment Rate5.80%9.10%
Recent Job Growth0.94%-0.12%
Future Job Growth36.08%31.25%
Sales Taxes5.00%6.80%
Income Taxes8.50%6.25%
Income per Cap.$43,279$27,067
Household Income$86,209$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.38%12.10%
Income between 15K and 25K5.89%10.18%
Income between 25K and 35K5.31%10.56%
Income between 35K and 50K9.65%14.98%
Income between 50K and 75K18.21%19.53%
Income between 75K and 100K14.82%12.52%
Income between 100K and 150K18.90%12.14%
Income between 150K and 250K9.11%3.91%
Income between 250K and 500K10.82%3.34%
Income greater than 500K2.91%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations23.08%13.81%
Professional and Related Occupations32.45%22.68%
Service10.17%14.51%
Sales and Office20.51%25.22%
Farming, Fishing, and Forestry0.90%0.68%
Construction, Extraction, and Maintenance5.98%9.37%
Production, Transportation, and Material Moving8.64%15.86%
Median Household Income

The unemployment rate in Cumberland, ME, is 5.80%, with job growth of 0.94%. Future job growth over the next ten years is predicted to be 36.08%.

Cumberland, ME Taxes

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

Cumberland, ME Income and Salaries

The income per capita is $43,279, which includes all adults and children. The median household income is $86,209.


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