2026 Compare Cities Economy:
Decorah, IA vs Waterville, ME

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Highlights
- Household income in Waterville, is 26% less than it is in Decorah and is 67% below the National Average.
- Decorah unemployment rate is 5.3%.
- Waterville unemployment rate is 5.2%.
 Decorah, IAWaterville, MEUnited States
 Unemployment Rate  Unlock5.2%6.0%
 Recent Job Growth  Unlock0.5%1.6%
 Future Job Growth17.4%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock6.8%4.6%
 Income per Cap.$28,684  Unlock$37,638
 Household Income  Unlock$41,245$69,021
 Family Median Income$76,518  Unlock$85,028
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 Est. Households By Income
 Decorah, IAWaterville, MEUnited States
 Income Less Than 15K  Unlock18.4%9.4%
 Income between 15K and 20K5.3%  Unlock3.8%
 Income between 20K and 30K  Unlock11.4%8.1%
 Income between 30K and 40K10.0%  Unlock8.0%
 Income between 40K and 50K  Unlock12.4%7.6%
 Income between 50K and 60K10.2%  Unlock7.2%
 Income between 60K and 75K  Unlock10.2%9.6%
 Income between 75K and 100K12.5%  Unlock12.8%
 Income between 100K and 150K  Unlock9.2%16.3%
 Income between 150K and 200K5.8%  Unlock7.8%
 Income greater than 200K  Unlock3.6%9.5%
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 Population By Occupation
 Decorah, IAWaterville, MEUnited States
 Management, business, finance16.7%  Unlock16.4%
 Engineering, computers, science  Unlock4.7%6.5%
 Community, social services2.0%  Unlock1.8%
 Legal  Unlock1.2%1.2%
 Education, library13.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.6%2.0%
 Healthcare practitioners and technology2.8%  Unlock6.2%
 Healthcare support  Unlock4.6%3.3%
 Firefighters, law enforcement1.5%  Unlock2.1%
 Food preparation, serving  Unlock6.9%5.4%
 Building maintenance6.1%  Unlock3.6%
 Personal care  Unlock1.4%2.6%
 Sales, office, administrative support20.5%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.8%0.6%
 Construction, extraction, maintenance/repair6.6%  Unlock8.1%
 Production, transportation, material moving  Unlock5.6%13.1%
Reviews for Decorah    3 Reviews

ridiculously expensive housing for such a small town. The wages in the town do not even remotely compensate for the high cost of housing. Average housing prices start  More

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Over 16 years ago

I have been a resident of Decorah, IA for 26 years. Decorah is located in the northeast corner of Iowa. When we entertain out of town guests they always comment how  More

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Over 16 years ago

This college has the most extensive music program of any liberal arts college around, has a strong connection to public radio, and Decorah is reputed to be a lovely  More

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Reviews for Waterville    8 Reviews

just spend 15 years living in LA and loving it, but now I'm retired and I am priced out. staying in Maine with family. do I move to Central Maine with its myriad  More

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Over 12 years ago

I have lived here for a decade but only started looking for office space in the last few months. There are lots of affordable places  More

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Over 12 years ago

Maine in general, and Waterville in particular, have been a wonderful place to homeschool our three children. We are able to work with as much or as little interaction  More

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