Chesterville, ME Economy


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United States / Maine / No Metro Area / Franklin County / Chesterville / Zip Codes
Chesterville, ME is a small town located in the eastern part of the state. It has a population of around 3,000 people and is known for its peaceful living environment. The cost of living is relatively low with two bedroom rent being $950 per month compared to the US average of $1,430. Additionally, grocery cost index in Chesterville is 106 versus 100 in the US.
The businesses in Chesterville offer a variety of services and products. Some of these businesses include The Chesterville Cafe, which serves coffee and baked goods; Mac’s Hardware Store, which offers seasonal equipment rentals; Chesterville Garden Center, which provides landscaping services; and Chesterville Pharmacy & Gifts, which sells medical supplies and souvenirs. All these establishments strive to provide excellent customer service to their loyal customers.

Chesterville has an unemployment rate of 6.8%. The US average is 6.0%.

Chesterville has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Chesterville
- The Sales Tax Rate for Chesterville is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Chesterville 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 Chesterville
- The average income of a Chesterville resident is $24,938 a year. The US average is $37,638 a year.
- The Median household income of a Chesterville resident is $59,926 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChesterville, 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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