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Economy in Monmouth, Maine

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

EconomyMonmouth, MEUnited States
Unemployment Rate6.20%8.60%
Recent Job Growth-1.92%0.35%
Future Job Growth29.96%32.10%
Sales Taxes5.00%5.00%
Income Taxes7.00%4.70%
Income per Cap.$21,939$26,154
Household Income$53,637$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K12.31%12.37%
Income between 15K and 25K9.63%10.53%
Income between 25K and 35K8.19%10.88%
Income between 35K and 50K16.19%15.37%
Income between 50K and 75K30.00%20.14%
Income between 75K and 100K12.81%12.41%
Income between 100K and 150K8.25%11.27%
Income between 150K and 250K2.13%5.01%
Income between 250K and 500K0.44%1.86%
Income greater than 500K0.06%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.06%14.04%
Professional and Related Occupations15.79%20.61%
Service10.74%14.45%
Sales and Office25.71%26.75%
Farming, Fishing, and Forestry2.37%0.70%
Construction, Extraction, and Maintenance12.92%9.42%
Production, Transportation, and Material Moving17.42%14.05%


Median Household Income

The unemployment rate in Monmouth, ME, is 6.20%, with job growth of -1.92%. Future job growth over the next ten years is predicted to be 29.96%.

Monmouth, ME Taxes

Monmouth, ME,sales tax rate is 5.00%. Income tax is 7.00%.

Monmouth, ME Income and Salaries

The income per capita is $21,939, which includes all adults and children. The median household income is $53,637.


Monmouth Economy SperlingViews

Beautiful quiet town: Monmouth is a beautiful little town located on hour north of Portland and 20 mins from Augusta. Monmouth offers numerous beautiful lakes and a quiet way of living. Boat,... (read more)Have an opinion about Monmouth? Leave a commentTo See All SperlingViews for Monmouth Click Here