Hammond, ME Economy


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United States / Maine / No Metro Area / Aroostook County / Hammond / Zip Codes
Hammond, ME is a small town located in Washington County, Maine. It is a great place to live, with low rent prices and affordable groceries. The two bedroom rent price in Hammond is $840, which is significantly lower than the US average of $1430. Additionally, the Grocery Cost Index in Hammond stands at 102 compared to 100 in the US, making groceries even more affordable.
This small town offers many great businesses for its locals such as Downeast Home & Clothing which provides handcrafted furniture and clothing for the whole family; Boondocks Outfitters which specializes in outdoor apparel and gear; Country Corner Market offering high-quality meats and fresh produce; and finally, Direct Shot Target Range for those who are interested in shooting sports.

Hammond has an unemployment rate of 2.9%. The US average is 6.0%.

Hammond has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Hammond
- The Sales Tax Rate for Hammond is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Hammond 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 Hammond
- The average income of a Hammond resident is $14,592 a year. The US average is $28,555 a year.
- The Median household income of a Hammond resident is $29,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHammond, MaineUnited States
  2.96
  -5.7%-6.2%
  24.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $15,661$37,638
  $29,167$69,021
Family Median Income 85028
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