Glenburn, ME Economy


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Glenburn, ME is an affordable place to live with 2 bedroom rent costing $1,220 compared to the national average of $1,430. This makes it a great option for families looking for a place to call home. The cost of groceries in Glenburn are also more affordable than the national norm with a Grocery Cost Index of 105 versus the US's 100. There are many businesses that serve Glenburn including local stores like The Country Store and Green Grove Produce as well as services like Gail's Plumbing and Hansen Electric. All these businesses provide quality service to the residents of Glenburn making it a great place to live!

Glenburn has an unemployment rate of 4.1%. The US average is 6.0%.

Glenburn has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Glenburn
- The Sales Tax Rate for Glenburn is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Glenburn 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 Glenburn
- The average income of a Glenburn resident is $28,026 a year. The US average is $28,555 a year.
- The Median household income of a Glenburn resident is $65,504 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGlenburn, MaineUnited States
  4.16
  -5.3%-6.2%
  26.6%33.5%
  5.5%6.2%
  6.8%4.6%
  $37,375$37,638
  $65,504$69,021
  $100,795$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  8.1%6.8%
  1.9%10.0%
  3.3%2.5%
  18.0%11.0%
  1.5%4.8%
  1.6%0.8%
  2.5%1.9%
  1.2%4.7%
  3.0%1.9%
  3.7%7.6%
  0.0%0.1%
  1.2%4.2%
  11.7%9.3%
  17.7%14.0%
  1.5%2.1%
  2.6%7.0%
  13.7%4.8%
  5.7%4.7%
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