Eliot, ME Economy


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Eliot, ME is a town located in York County. It is known for its rolling hills and beautiful scenery, making it an ideal place to live for those who enjoy outdoor activities. The cost of rent is relatively similar to the US average, with a 2 bedroom apartment going for $1540. Additionally, the Grocery Cost Index in Eliot has been recorded at 112 versus the US figure of 100, meaning groceries are slightly more expensive than the national average. There are several local businesses in Eliot that make up its vibrant community, including China Palace Restaurant, Smitty's Cinemas 8, and Town & Country Mini Mart.

Eliot has an unemployment rate of 4.5%. The US average is 6.0%.

Eliot has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.

Tax Rates for Eliot
- The Sales Tax Rate for Eliot is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Eliot 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 Eliot
- The average income of a Eliot resident is $34,198 a year. The US average is $28,555 a year.
- The Median household income of a Eliot resident is $84,768 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEliot, MaineUnited States
  4.56
  -5.5%-6.2%
  40.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $41,551$37,638
  $84,768$69,021
  $107,461$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  5.8%6.8%
  16.7%10.0%
  1.2%2.5%
  22.9%11.0%
  2.1%4.8%
  0.0%0.8%
  2.4%1.9%
  3.2%4.7%
  0.8%1.9%
  4.8%7.6%
  0.0%0.1%
  0.3%4.2%
  10.7%9.3%
  14.1%14.0%
  1.9%2.1%
  5.6%7.0%
  3.1%4.8%
  3.9%4.7%
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Over 17 years ago

Quality of life in Eliot is very  More

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