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Economy in Mechanic Falls, Maine

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

Economy
EconomyMechanic Falls, MEUnited States
Unemployment Rate8.90%9.10%
Recent Job Growth0.06%-0.12%
Future Job Growth31.22%31.25%
Sales Taxes5.00%6.80%
Income Taxes8.50%6.25%
Income per Cap.$20,300$27,067
Household Income$45,028$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K15.07%12.10%
Income between 15K and 25K9.91%10.18%
Income between 25K and 35K11.04%10.56%
Income between 35K and 50K21.05%14.98%
Income between 50K and 75K21.47%19.53%
Income between 75K and 100K13.83%12.52%
Income between 100K and 150K5.26%12.14%
Income between 150K and 250K1.34%3.91%
Income between 250K and 500K0.83%3.34%
Income greater than 500K0.21%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.81%13.81%
Professional and Related Occupations17.89%22.68%
Service9.92%14.51%
Sales and Office27.89%25.22%
Farming, Fishing, and Forestry0.57%0.68%
Construction, Extraction, and Maintenance12.52%9.37%
Production, Transportation, and Material Moving26.67%15.86%
Median Household Income

The unemployment rate in Mechanic Falls, ME, is 8.90%, with job growth of 0.06%. Future job growth over the next ten years is predicted to be 31.22%.

Mechanic Falls, ME Taxes

Mechanic Falls, ME,sales tax rate is 5.00%. Income tax is 8.50%.

Mechanic Falls, ME Income and Salaries

The income per capita is $20,300, which includes all adults and children. The median household income is $45,028.


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