Meddybemps, ME Economy


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United States / Maine / No Metro Area / Washington County / Meddybemps / Zip Codes
Meddybemps, ME is a beautiful coastal town located in the state of Maine. It has a laidback lifestyle with incredible natural beauty and plenty of outdoor recreational activities. The two bedroom rent here is much lower than the US average at $910 compared to $1,430 for the country as a whole. Grocery costs are slightly higher than the national average but still reasonable at 105 compared to 100 in the US. \nMeddybemps is home to several small businesses which bring life to the community and offer local jobs and services. The Oxford County Creamery is a well known local cheese producer that has been creating delicious artisanal cheeses since 1913. Meddybemps also boasts some great eateries like Jerry's Seafood & Grill and The Golden Krust Bakery & Cafe where locals and visitors can get their fill of seafood classics or freshly baked treats. \nLiving in Meddybemps offers many unique advantages such as its proximity to nature, low cost of living, friendly locals and bustling economy. Residents here enjoy easy access to some of the best hiking trails in New England as well as stunning ocean views from virtually any point in town. With plenty of local shopping and dining options, affordable housing prices, and an overall slower pace, Meddybemps makes for an ideal place to call home.

Meddybemps has an unemployment rate of 8.3%. The US average is 6.0%.

Meddybemps has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Meddybemps
- The Sales Tax Rate for Meddybemps is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Meddybemps 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 Meddybemps
- The average income of a Meddybemps resident is $20,662 a year. The US average is $28,555 a year.
- The Median household income of a Meddybemps resident is $65,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMeddybemps, MaineUnited States
  8.36
  -3.4%-6.2%
  26.7%33.5%
  5.5%6.2%
  6.8%4.6%
  $35,850$37,638
  $65,250$69,021
  $61,250$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  16.2%6.8%
  16.2%10.0%
  2.7%2.5%
  0.0%11.0%
  5.4%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  5.4%1.9%
  0.0%7.6%
  0.0%0.1%
  2.7%4.2%
  8.1%9.3%
  32.4%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  8.1%4.7%
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