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Economy in Sorrento, Maine

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

Economy
EconomySorrento, MEUnited States
Unemployment Rate10.90%9.10%
Recent Job Growth0.00%-0.12%
Future Job Growth29.10%31.25%
Sales Taxes5.00%6.80%
Income Taxes8.50%6.25%
Income per Cap.$38,191$27,067
Household Income$66,510$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.80%12.10%
Income between 15K and 25K4.35%10.18%
Income between 25K and 35K5.80%10.56%
Income between 35K and 50K16.67%14.98%
Income between 50K and 75K26.81%19.53%
Income between 75K and 100K13.04%12.52%
Income between 100K and 150K18.12%12.14%
Income between 150K and 250K5.80%3.91%
Income between 250K and 500K2.90%3.34%
Income greater than 500K0.72%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.60%13.81%
Professional and Related Occupations29.80%22.68%
Service16.56%14.51%
Sales and Office17.22%25.22%
Farming, Fishing, and Forestry3.31%0.68%
Construction, Extraction, and Maintenance7.95%9.37%
Production, Transportation, and Material Moving11.26%15.86%
Median Household Income

The unemployment rate in Sorrento, ME, is 10.90%, with job growth of 0.00%. Future job growth over the next ten years is predicted to be 29.10%.

Sorrento, ME Taxes

Sorrento, ME,sales tax rate is 5.00%. Income tax is 8.50%.

Sorrento, ME Income and Salaries

The income per capita is $38,191, which includes all adults and children. The median household income is $66,510.


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