Charlotte, ME Economy


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United States / Maine / No Metro Area / Washington County / Charlotte / Zip Codes
Charlotte, ME is a small town located in the state of Maine. It has many local businesses that serve the community, such as stores, restaurants, banks, and other services. The average rent for a two bedroom apartment in Charlotte is $910 per month which is significantly less than the national average of $1,430. Additionally, the grocery cost index for Charlotte is 105 versus an index of 100 for the US as a whole. This means that groceries are still relatively affordable compared to other areas of the country. All in all, Charlotte provides a great quality of life due to its lower cost of living and access to local businesses.

Charlotte has an unemployment rate of 5.4%. The US average is 6.0%.

Charlotte has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Charlotte
- The Sales Tax Rate for Charlotte is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Charlotte 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 Charlotte
- The average income of a Charlotte resident is $27,082 a year. The US average is $37,638 a year.
- The Median household income of a Charlotte resident is $52,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharlotte, 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%
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