Economy in Old Orchard Beach, Maine
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Economy
| Unemployment Rate | 7.40% | 9.10% |
| Recent Job Growth | -0.03% | -0.12% |
| Future Job Growth | 32.54% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 8.50% | 6.25% |
| Income per Cap. | $26,719 | $27,067 |
| Household Income | $45,770 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 13.89% | 12.10% |
| Income between 15K and 25K | 11.29% | 10.18% |
| Income between 25K and 35K | 14.21% | 10.56% |
| Income between 35K and 50K | 14.94% | 14.98% |
| Income between 50K and 75K | 23.79% | 19.53% |
| Income between 75K and 100K | 13.01% | 12.52% |
| Income between 100K and 150K | 6.25% | 12.14% |
| Income between 150K and 250K | 1.33% | 3.91% |
| Income between 250K and 500K | 1.09% | 3.34% |
| Income greater than 500K | 0.19% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.15% | 13.81% |
| Professional and Related Occupations | 23.15% | 22.68% |
| Service | 15.95% | 14.51% |
| Sales and Office | 29.51% | 25.22% |
| Farming, Fishing, and Forestry | 0.39% | 0.68% |
| Construction, Extraction, and Maintenance | 6.87% | 9.37% |
| Production, Transportation, and Material Moving | 14.28% | 15.86% |
The unemployment rate in Old Orchard Beach, ME, is 7.40%, with job growth of -0.03%. Future job growth over the next ten years is predicted to be 32.54%.
Old Orchard Beach, ME Taxes
Old Orchard Beach, ME,sales tax rate is 5.00%. Income tax is 8.50%.
Old Orchard Beach, ME Income and Salaries
The income per capita is $26,719, which includes all adults and children. The median household income is $45,770.
Old Orchard Beach Economy SperlingViews
It is, after all, Maine: Cold snowy winter, nice warm summer. You might need air conditioning 15 nights per year. Can get a little muggy and humid, but not for real long spells. Some winters... (read more)The way life should be!!: I was born in Maine, moved to AZ and lived in fear there for four years. The crime is so bad that one cannot go for a walk without being fearful of getting shot. I... (read more)Have an opinion about Old Orchard Beach? Leave a commentTo See All SperlingViews for Old Orchard Beach Click Here
