Union, ME Economy


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United States / Maine / No Metro Area / Knox County / Union / Zip Codes
Union, ME is a small town located in the northern region of Maine. Its size and population are unknown, but it is known that rent costs in Union are much cheaper than the US average. The average cost of a two-bedroom rental is $1,110 versus $1,430 throughout the US. Additionally, Union's Grocery Cost Index is 106 compared to 100 in the rest of the country. As a result, residents can enjoy relatively lower living costs while making use of local businesses such as America's Best Value Inn & Suites, Union Common Cafe & Delicatessen, and Cozy Harbor Seafood Market.

Union has an unemployment rate of 5.2%. The US average is 6.0%.

Union has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Union
- The Sales Tax Rate for Union is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Union 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 Union
- The average income of a Union resident is $27,659 a year. The US average is $28,555 a year.
- The Median household income of a Union resident is $59,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUnion, MaineUnited States
  5.26
  -7.1%-6.2%
  31.7%33.5%
  5.5%6.2%
  6.8%4.6%
  $26,354$37,638
  $59,688$69,021
  $74,412$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  8.4%6.8%
  7.4%10.0%
  0.7%2.5%
  13.0%11.0%
  0.8%4.8%
  1.3%0.8%
  1.9%1.9%
  5.2%4.7%
  6.4%1.9%
  7.3%7.6%
  0.0%0.1%
  6.6%4.2%
  9.2%9.3%
  13.7%14.0%
  0.0%2.1%
  6.7%7.0%
  6.6%4.8%
  4.1%4.7%
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