Caswell, ME Economy


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United States / Maine / No Metro Area / Aroostook County / Caswell / Zip Codes
Caswell, ME is a small town located in Maine with an estimated population of around 500 people. Despite its small size, Caswell offers a variety of business opportunities for locals. Notable companies in the area include T&K Grocery Store, Caswell Auto Repair and Big Bear Boating. \nLiving in Caswell can be quite affordable compared to other parts of the country. The average 2 bedroom rent in Caswell is $770 which is much lower than the US average of $1430. In addition, grocery costs are relatively lower with an index score of 102 versus 100 for the US. Overall, this makes Caswell an economy friendly place to live that still provides many work and leisure opportunities.

Caswell has an unemployment rate of 11.6%. The US average is 6.0%.

Caswell has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Caswell
- The Sales Tax Rate for Caswell is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Caswell 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 Caswell
- The average income of a Caswell resident is $18,881 a year. The US average is $28,555 a year.
- The Median household income of a Caswell resident is $38,365 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCaswell, MaineUnited States
  11.66
  -5.0%-6.2%
  24.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $20,747$37,638
  $38,365$69,021
  $53,162$85,028
  Population by Occupation
  13.7%1.2%
  0.0%0.5%
  5.6%6.8%
  10.5%10.0%
  6.5%2.5%
  16.9%11.0%
  0.0%4.8%
  0.0%0.8%
  1.6%1.9%
  0.8%4.7%
  0.0%1.9%
  0.8%7.6%
  0.0%0.1%
  2.4%4.2%
  6.5%9.3%
  13.7%14.0%
  0.0%2.1%
  0.0%7.0%
  8.1%4.8%
  12.9%4.7%
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