Maine, NY Economy


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Maine, NY is a small town located in northern New York state. It offers a unique mix of rural and urban experiences for its residents, with easy access to both nature and urban amenities. The cost of living in Maine is relatively low compared to the rest of the country; two bedroom rent averages at $970 compared to the US average of $1,430, and grocery costs index 97 versus 100 nationally. Local companies that offer services related to housing include Estate Realty Group LLC, whose agents focus on helping families find their perfect home in Maine. For groceries there are local stores like Price Chopper Super Markets, which offers competitive prices on food staples throughout Maine.
Overall, Maine is an affordable place to live with plenty of local services available for residents looking for housing or groceries. The lower cost of rent and grocery costs make it an ideal location for those who want a more laid-back lifestyle while still having access to essential amenities.

Maine has an unemployment rate of 7.0%. The US average is 6.0%.

Maine has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.

Tax Rates for Maine
- The Sales Tax Rate for Maine is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Maine is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Maine
- The average income of a Maine resident is $24,364 a year. The US average is $28,555 a year.
- The Median household income of a Maine resident is $58,962 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMaine, New YorkUnited States
  76
  -5.8%-6.2%
  19.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $29,151$37,638
  $58,962$69,021
  $73,125$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  16.1%6.8%
  8.5%10.0%
  2.5%2.5%
  13.6%11.0%
  5.5%4.8%
  1.3%0.8%
  1.1%1.9%
  2.2%4.7%
  0.6%1.9%
  4.8%7.6%
  0.0%0.1%
  5.1%4.2%
  12.0%9.3%
  14.9%14.0%
  1.4%2.1%
  5.0%7.0%
  1.6%4.8%
  3.9%4.7%
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