Economy in Otis, Maine
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Economy
| Unemployment Rate | 15.60% | 9.10% |
| Recent Job Growth | 2.60% | -0.12% |
| Future Job Growth | 29.60% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 8.50% | 6.25% |
| Income per Cap. | $26,566 | $27,067 |
| Household Income | $47,785 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 14.07% | 12.10% |
| Income between 15K and 25K | 12.55% | 10.18% |
| Income between 25K and 35K | 9.51% | 10.56% |
| Income between 35K and 50K | 16.35% | 14.98% |
| Income between 50K and 75K | 17.87% | 19.53% |
| Income between 75K and 100K | 14.45% | 12.52% |
| Income between 100K and 150K | 11.02% | 12.14% |
| Income between 150K and 250K | 2.28% | 3.91% |
| Income between 250K and 500K | 1.90% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.98% | 13.81% |
| Professional and Related Occupations | 19.88% | 22.68% |
| Service | 15.84% | 14.51% |
| Sales and Office | 22.36% | 25.22% |
| Farming, Fishing, and Forestry | 1.55% | 0.68% |
| Construction, Extraction, and Maintenance | 16.77% | 9.37% |
| Production, Transportation, and Material Moving | 10.87% | 15.86% |
The unemployment rate in Otis, ME, is 15.60%, with job growth of 2.60%. Future job growth over the next ten years is predicted to be 29.60%.
Otis, ME Taxes
Otis, ME,sales tax rate is 5.00%. Income tax is 8.50%.
Otis, ME Income and Salaries
The income per capita is $26,566, which includes all adults and children. The median household income is $47,785.
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