Athens, ME Economy


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United States / Maine / No Metro Area / Somerset County / Athens / Zip Codes
Athens, ME is a small town with a population of approximately 1,200 people located in the Kennebec Valley region. It is a great place to live for those looking for an affordable place to call home. The average two bedroom rent in Athens is $950 which is much less than the national average of $1,430. Additionally, the grocery cost index in Athens is 104 versus 100 in the US making groceries there slightly more expensive but still very affordable overall. \nLocal businesses provide employment opportunities to residents such as D&H Sawmill, Inc., Long Creek Equipment Repair and Mainely Canine Grooming & Boutique. Overall, the cost of living in Athens, ME makes it a desirable location when compared to other areas with higher prices for housing and groceries.

Athens has an unemployment rate of 7.3%. The US average is 6.0%.

Athens has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.

Tax Rates for Athens
- The Sales Tax Rate for Athens is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Athens is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Athens
- The average income of a Athens resident is $18,388 a year. The US average is $28,555 a year.
- The Median household income of a Athens resident is $39,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAthens, MaineUnited States
  7.36
  -5.2%-6.2%
  23.9%33.5%
  5.5%6.2%
  6.8%4.6%
  $18,390$37,638
  $39,167$69,021
  $52,000$85,028
  Population by Occupation
  8.0%1.2%
  0.0%0.5%
  5.0%6.8%
  8.4%10.0%
  0.0%2.5%
  16.0%11.0%
  1.3%4.8%
  0.0%0.8%
  0.0%1.9%
  4.6%4.7%
  0.0%1.9%
  1.3%7.6%
  0.0%0.1%
  2.1%4.2%
  10.9%9.3%
  21.8%14.0%
  0.8%2.1%
  10.5%7.0%
  5.5%4.8%
  3.8%4.7%
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