St. Francis, ME Economy


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United States / Maine / No Metro Area / Aroostook County / St. Francis / Zip Codes
St. Francis, ME is a small town located in the Aroostook County with great economic opportunities for its inhabitants. 2 Bedroom rent in St. Francis is lower compared to the US average of $1430 while the Grocery Cost Index is higher than the US with 103 versus 100 respectively. The town offers plenty of job opportunities since it is home to many of Maine's major organizations such as Fiddlehead Center for the Arts, Maine Potato Board, United Potato Growers of America, and others which are essential to the local economy and culture. These companies have been important contributors to the growth and stability of St. Francis over the years.

St. Francis has an unemployment rate of 12.3%. The US average is 6.0%.

St. Francis 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 St. Francis
- The Sales Tax Rate for St. Francis is 5.5%. The US average is 7.3%.
- The Income Tax Rate for St. Francis 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 St. Francis
- The average income of a St. Francis resident is $17,513 a year. The US average is $28,555 a year.
- The Median household income of a St. Francis resident is $45,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Francis, MaineUnited States
  12.36
  -4.9%-6.2%
  24.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $22,729$37,638
  $45,000$69,021
  $48,750$85,028
  Population by Occupation
  18.0%1.2%
  0.0%0.5%
  12.7%6.8%
  9.3%10.0%
  0.0%2.5%
  15.3%11.0%
  2.0%4.8%
  0.0%0.8%
  4.0%1.9%
  7.3%4.7%
  1.3%1.9%
  7.3%7.6%
  0.0%0.1%
  0.0%4.2%
  8.7%9.3%
  4.7%14.0%
  0.0%2.1%
  3.3%7.0%
  3.3%4.8%
  2.7%4.7%
Reviews for St. Francis
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I lived in St. Francis all of my life and it was worth it. It is a very small town, when something bad happens everyone is there to help one another. There are many  More

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