New Vineyard, ME Economy


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United States / Maine / No Metro Area / Franklin County / New Vineyard / Zip Codes
New Vineyard, ME is a small and quiet town located in Franklin County. It is known for its farm-to-table restaurants featuring locally-sourced produce, dairy products and meats. With 2 bedroom rent costing $940 per month it is an affordable place to live. The Grocery Cost Index in the area stands higher than the US average at 107 versus 100 in the US making it relatively expensive to buy groceries. Popular attractions include vineyards such as the New Vineyard Winery which offer wine tastings and tours of their grounds. There are also outdoor recreational areas such as Chesterfield Gorge State Park which offers hiking trails, camping sites and more. Other local businesses include Mainely Potatoes Farm Stand that sells freshly harvested potatoes, an old-fashioned general store called Pugsley's Corner Store that sells homemade goods, and a family owned ice cream shop called Top o' Maine Ice Cream & Sandwich Shop which serves delicious homemade ice cream cones.

New Vineyard has an unemployment rate of 5.1%. The US average is 6.0%.

New Vineyard has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for New Vineyard
- The Sales Tax Rate for New Vineyard is 5.5%. The US average is 7.3%.
- The Income Tax Rate for New Vineyard 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 New Vineyard
- The average income of a New Vineyard resident is $22,747 a year. The US average is $28,555 a year.
- The Median household income of a New Vineyard resident is $55,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Vineyard, MaineUnited States
  5.16
  -7.1%-6.2%
  26.3%33.5%
  5.5%6.2%
  6.8%4.6%
  $29,238$37,638
  $55,250$69,021
  $72,500$85,028
  Population by Occupation
  3.7%1.2%
  0.0%0.5%
  10.9%6.8%
  11.5%10.0%
  0.6%2.5%
  20.3%11.0%
  2.3%4.8%
  0.0%0.8%
  0.9%1.9%
  4.0%4.7%
  0.0%1.9%
  4.9%7.6%
  0.0%0.1%
  5.4%4.2%
  2.6%9.3%
  24.4%14.0%
  1.1%2.1%
  0.6%7.0%
  6.9%4.8%
  0.0%4.7%
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