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Economy in Rumford, Maine

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

EconomyRumford, MEUnited States
Unemployment Rate8.70%8.60%
Recent Job Growth-1.15%0.35%
Future Job Growth29.00%32.10%
Sales Taxes5.00%5.00%
Income Taxes7.00%4.70%
Income per Cap.$19,467$26,154
Household Income$31,087$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K23.24%12.37%
Income between 15K and 25K15.79%10.53%
Income between 25K and 35K17.63%10.88%
Income between 35K and 50K12.96%15.37%
Income between 50K and 75K16.63%20.14%
Income between 75K and 100K6.41%12.41%
Income between 100K and 150K5.96%11.27%
Income between 150K and 250K1.19%5.01%
Income between 250K and 500K0.15%1.86%
Income greater than 500K0.05%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations6.42%14.04%
Professional and Related Occupations20.14%20.61%
Service21.77%14.45%
Sales and Office21.77%26.75%
Farming, Fishing, and Forestry0.55%0.70%
Construction, Extraction, and Maintenance10.85%9.42%
Production, Transportation, and Material Moving18.57%14.05%


Median Household Income

The unemployment rate in Rumford, ME, is 8.70%, with job growth of -1.15%. Future job growth over the next ten years is predicted to be 29.00%.

Rumford, ME Taxes

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

Rumford, ME Income and Salaries

The income per capita is $19,467, which includes all adults and children. The median household income is $31,087.


Rumford Economy SperlingViews

Severe Long-Term Economic Depression: Rumford, Maine is and has been a seriously economiclly depressed area for more thirty years. The single major employer except for toen government and schools has been... (read more)Have an opinion about Rumford? Leave a commentTo See All SperlingViews for Rumford Click Here