Hodgdon, ME Economy


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United States / Maine / No Metro Area / Aroostook County / Hodgdon / Zip Codes
Hodgdon, ME is a small town located in Aroostook County. It has a population of around 1,300 people and is known for its affordable housing. The two-bedroom rent in Hodgdon stands to be $840 whereas the same within the US is $1,430. Groceries are also relatively cheaper here with the cost index standing at 102 as opposed to 100 in the US.
The town is home to some well-known companies such as Roto-Rooter, Ziegler Lumber Company and Quality Auto Repair & Sales. There are plenty of outdoor activities to enjoy in the area such as hiking, snowmobiling and hunting trips on The Mountain View Trail or The Amity Trail. Additionally, you can check out local attractions like The Big Rock Ski Resort or The Peace of Mind Wildlife Sanctuary for a fun filled day out.

Hodgdon has an unemployment rate of 3.6%. The US average is 6.0%.

Hodgdon has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Hodgdon
- The Sales Tax Rate for Hodgdon is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Hodgdon is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hodgdon
- The average income of a Hodgdon resident is $20,651 a year. The US average is $28,555 a year.
- The Median household income of a Hodgdon resident is $55,804 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHodgdon, MaineUnited States
  3.66
  -4.3%-6.2%
  24.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $29,564$37,638
  $55,804$69,021
  $61,750$85,028
  Population by Occupation
  1.6%1.2%
  0.7%0.5%
  6.5%6.8%
  14.6%10.0%
  0.0%2.5%
  15.5%11.0%
  4.1%4.8%
  0.7%0.8%
  0.0%1.9%
  2.2%4.7%
  0.0%1.9%
  0.4%7.6%
  0.6%0.1%
  2.4%4.2%
  13.7%9.3%
  18.6%14.0%
  0.4%2.1%
  4.7%7.0%
  6.5%4.8%
  6.8%4.7%
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