Mount Chase, ME Economy


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Mount Chase, ME is a small rural town with a population of approximately 500 people. Despite its size, the cost of living in Mount Chase is lower than other areas in the US. Two-bedroom rental units cost an average of $860 per month, compared to an average of $1,430 for two-bedroom rentals across the US. Additionally, the Grocery Cost Index is 103 in Mount Chase versus 100 in the US. Some local companies include Big Sky Logging and Mainely Hunters. Big Sky Logging provides logging services and timber harvesting while Mainely Hunters offers hunting and fishing gear rentals.

Mount Chase has an unemployment rate of 11.1%. The US average is 6.0%.

Mount Chase 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 Mount Chase
- The Sales Tax Rate for Mount Chase is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Mount Chase 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 Mount Chase
- The average income of a Mount Chase resident is $31,005 a year. The US average is $28,555 a year.
- The Median household income of a Mount Chase resident is $40,536 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMount Chase, MaineUnited States
  11.16
  -4.1%-6.2%
  26.6%33.5%
  5.5%6.2%
  6.8%4.6%
  $31,066$37,638
  $40,536$69,021
  $71,250$85,028
  Population by Occupation
  18.2%1.2%
  0.0%0.5%
  0.0%6.8%
  20.5%10.0%
  0.0%2.5%
  13.6%11.0%
  0.0%4.8%
  4.5%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  4.5%4.2%
  27.3%9.3%
  0.0%14.0%
  0.0%2.1%
  4.5%7.0%
  4.5%4.8%
  2.3%4.7%
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