Casco, ME Economy


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Casco, ME is a small town with a population of 4,380. It is located in Cumberland County and has the unique distinction of being the first land incorporated as part of Maine. Residents of Casco enjoy a high quality of life due to the affordability of 2 bedroom rent at $1,610 per month compared to the US average of $1,430, and the Grocery Cost Index in Casco is 108 versus 100 in the US.
Local businesses include Country Corner Store which is a family-owned convenience store; Days Market which provides an excellent selection of fresh fruits and vegetables; and Casco Shopping Center which includes Target, Kohl's, Chili's Grill & Bar and more. Visitors to Casco can also explore attractions such as Sebago Lake State Park for outdoor activities like camping, fishing, swimming and boating; Eagles' Nest Farm for horseback riding lessons; or Brewster's Coffee for some delicious coffee roasted on-site from local beans.

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

Casco has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.

Tax Rates for Casco
- The Sales Tax Rate for Casco is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Casco 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 Casco
- The average income of a Casco resident is $36,484 a year. The US average is $37,638 a year.
- The Median household income of a Casco resident is $56,731 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCasco, MaineUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health
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