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Economy in Minot, Maine

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

Economy
EconomyMinot, MEUnited States
Unemployment Rate6.70%9.10%
Recent Job Growth-1.10%-0.12%
Future Job Growth31.10%31.25%
Sales Taxes5.00%6.80%
Income Taxes8.50%6.25%
Income per Cap.$27,228$27,067
Household Income$63,742$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.25%12.10%
Income between 15K and 25K5.34%10.18%
Income between 25K and 35K7.83%10.56%
Income between 35K and 50K16.67%14.98%
Income between 50K and 75K26.80%19.53%
Income between 75K and 100K20.44%12.52%
Income between 100K and 150K11.69%12.14%
Income between 150K and 250K4.05%3.91%
Income between 250K and 500K1.75%3.34%
Income greater than 500K0.18%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.32%13.81%
Professional and Related Occupations19.19%22.68%
Service13.89%14.51%
Sales and Office30.10%25.22%
Farming, Fishing, and Forestry0.60%0.68%
Construction, Extraction, and Maintenance10.49%9.37%
Production, Transportation, and Material Moving16.45%15.86%
Median Household Income

The unemployment rate in Minot, ME, is 6.70%, with job growth of -1.10%. Future job growth over the next ten years is predicted to be 31.10%.

Minot, ME Taxes

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

Minot, ME Income and Salaries

The income per capita is $27,228, which includes all adults and children. The median household income is $63,742.


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