Chesterville, ME Economy


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United States / Maine / No Metro Area / Franklin County / Chesterville / Zip Codes
Chesterville, ME is a small town located in the eastern part of the state. It has a population of around 3,000 people and is known for its peaceful living environment. The cost of living is relatively low with two bedroom rent being $950 per month compared to the US average of $1,430. Additionally, grocery cost index in Chesterville is 106 versus 100 in the US.
The businesses in Chesterville offer a variety of services and products. Some of these businesses include The Chesterville Cafe, which serves coffee and baked goods; Mac’s Hardware Store, which offers seasonal equipment rentals; Chesterville Garden Center, which provides landscaping services; and Chesterville Pharmacy & Gifts, which sells medical supplies and souvenirs. All these establishments strive to provide excellent customer service to their loyal customers.

Chesterville has an unemployment rate of 6.8%. The US average is 6.0%.

Chesterville has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Chesterville
- The Sales Tax Rate for Chesterville is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Chesterville 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 Chesterville
- The average income of a Chesterville resident is $24,938 a year. The US average is $37,638 a year.
- The Median household income of a Chesterville resident is $59,926 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChesterville, MaineUnited States
  6.86
  -7.0%-6.2%
  26.3%33.5%
  5.5%6.2%
  6.8%4.6%
  $24,938$37,638
  $59,926$69,021
  $71,875$85,028
  Population by Occupation
  3.0%1.2%
  0.3%0.5%
  8.6%6.8%
  10.9%10.0%
  1.6%2.5%
  9.9%11.0%
  5.4%4.8%
  4.3%0.8%
  0.0%1.9%
  3.8%4.7%
  2.3%1.9%
  1.3%7.6%
  0.0%0.1%
  0.8%4.2%
  5.8%9.3%
  15.1%14.0%
  1.3%2.1%
  3.8%7.0%
  11.5%4.8%
  10.4%4.7%
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