Gorham, ME Economy


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Gorham, ME is an attractive city located in Cumberland County. The average two-bedroom rental cost is $1,740 a month, which is significantly higher than the national average of $1,430. The local grocery cost index is 110 compared to the US index of 100, making it slightly more expensive to eat out here. There are several prominent businesses in Gorham, such as Hannaford Supermarket and Maine Medical Center. Other well-known companies include Gorham Savings Bank and Barbour's Rehabilitation & Nursing Care Center. Those looking for a great place to live with plenty of business opportunities should definitely consider Gorham, ME.

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

Gorham has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.

Tax Rates for Gorham
- The Sales Tax Rate for Gorham is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Gorham 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 Gorham
- The average income of a Gorham resident is $32,844 a year. The US average is $28,555 a year.
- The Median household income of a Gorham resident is $90,446 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGorham, MaineUnited States
  4.56
  -6.0%-6.2%
  40.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $40,200$37,638
  $90,446$69,021
  $108,600$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  8.0%6.8%
  9.5%10.0%
  2.6%2.5%
  11.8%11.0%
  2.9%4.8%
  0.2%0.8%
  2.9%1.9%
  10.1%4.7%
  1.3%1.9%
  7.0%7.6%
  0.5%0.1%
  3.2%4.2%
  14.6%9.3%
  14.0%14.0%
  1.0%2.1%
  5.7%7.0%
  1.9%4.8%
  2.2%4.7%
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