Warren, ME Economy


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United States / Maine / No Metro Area / Knox County / Warren / Zip Codes
Warren, ME is a wonderful town nestled in the beautiful state of Maine. It offers plenty of opportunities to its residents who are looking for a peaceful life away from the hustle and bustle of city living. The cost of living here is quite affordable as well; for instance, 2 bedroom rent in Warren, ME is $1,100 compared to the US average of $1,430. Similarly, the Grocery Cost Index in Warren, ME stands at 105 compared to the US average of 100.
The town also has a strong economic backbone with many local companies contributing to it. These include Trantolo & Trantolo Law Firm LLC, Rite Choice Physician Network Inc., and Albertson Real Estate Company LLC that have all been doing stellar business for over two decades now. Besides these businesses, there are various other small shops that cater to the diverse needs of the residents.
To conclude, Warren, ME is an idyllic town with much to offer both its permanent and transient citizens alike - from picturesque landscapes to affordable living expenses and job opportunities in booming local businesses. Indeed, it’s no wonder this town has become such a popular destination for people looking for a quiet place to call home!

Warren has an unemployment rate of 4.7%. The US average is 6.0%.

Warren 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 Warren
- The Sales Tax Rate for Warren is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Warren 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 Warren
- The average income of a Warren resident is $23,745 a year. The US average is $28,555 a year.
- The Median household income of a Warren resident is $77,102 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWarren, MaineUnited States
  4.76
  -7.1%-6.2%
  31.7%33.5%
  5.5%6.2%
  6.8%4.6%
  $29,891$37,638
  $77,102$69,021
  $77,973$85,028
  Population by Occupation
  6.5%1.2%
  0.0%0.5%
  2.3%6.8%
  13.2%10.0%
  4.9%2.5%
  16.7%11.0%
  6.9%4.8%
  2.0%0.8%
  0.7%1.9%
  1.7%4.7%
  2.8%1.9%
  1.3%7.6%
  0.0%0.1%
  6.5%4.2%
  6.9%9.3%
  9.8%14.0%
  0.5%2.1%
  2.0%7.0%
  10.7%4.8%
  4.6%4.7%
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