Belgrade, ME Economy


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Belgrade, ME is a charming town located in the central area of Maine. It has a population of about 1,000 people and offers a vibrant atmosphere with plenty of activities and businesses. The 2 bedroom rent in Belgrade is significantly lower than the US average at $980 versus $1,430 respectively. Additionally, the Grocery Cost Index in Belgrade is 107 versus 100 in the US. Finding value in your grocery items is easy here! Businesses in Belgrade include local favorites like Town & Country Store and Top Notch Hair Salon. There are also plenty of outdoor activities to enjoy such as camping at Long Pond Campground or fishing on Long Pond. Whether you’re looking for quality amenities or outdoor recreation, Belgrade has it all!

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

Belgrade 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 31.9%, which is lower than the US average of 33.5%.

Tax Rates for Belgrade
- The Sales Tax Rate for Belgrade is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Belgrade 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 Belgrade
- The average income of a Belgrade resident is $47,201 a year. The US average is $37,638 a year.
- The Median household income of a Belgrade resident is $77,161 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBelgrade, MaineUnited States
  5.16
  -3.5%-6.2%
  31.9%33.5%
  5.5%6.2%
  6.8%4.6%
  $47,201$37,638
  $77,161$69,021
  $85,909$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  4.6%6.8%
  8.1%10.0%
  5.7%2.5%
  14.0%11.0%
  1.3%4.8%
  0.8%0.8%
  0.4%1.9%
  1.8%4.7%
  0.0%1.9%
  8.9%7.6%
  0.0%0.1%
  1.2%4.2%
  8.4%9.3%
  29.5%14.0%
  1.2%2.1%
  4.4%7.0%
  6.0%4.8%
  3.1%4.7%
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