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Economy in Old Town, Maine

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

Economy
EconomyOld Town, MEUnited States
Unemployment Rate7.70%9.10%
Recent Job Growth0.00%-0.12%
Future Job Growth32.30%31.25%
Sales Taxes5.00%6.80%
Income Taxes8.50%6.25%
Income per Cap.$21,980$27,067
Household Income$37,977$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K20.98%12.10%
Income between 15K and 25K14.85%10.18%
Income between 25K and 35K11.07%10.56%
Income between 35K and 50K16.44%14.98%
Income between 50K and 75K15.86%19.53%
Income between 75K and 100K10.52%12.52%
Income between 100K and 150K7.14%12.14%
Income between 150K and 250K2.14%3.91%
Income between 250K and 500K0.92%3.34%
Income greater than 500K0.09%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.91%13.81%
Professional and Related Occupations27.48%22.68%
Service16.04%14.51%
Sales and Office25.39%25.22%
Farming, Fishing, and Forestry0.33%0.68%
Construction, Extraction, and Maintenance7.38%9.37%
Production, Transportation, and Material Moving16.91%15.86%
Median Household Income

The unemployment rate in Old Town, ME, is 7.70%, with job growth of 0.00%. Future job growth over the next ten years is predicted to be 32.30%.

Old Town, ME Taxes

Old Town, ME,sales tax rate is 5.00%. Income tax is 8.50%.

Old Town, ME Income and Salaries

The income per capita is $21,980, which includes all adults and children. The median household income is $37,977.


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