Columbia, ME Economy


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United States / Maine / No Metro Area / Washington County / Columbia / Zip Codes
Columbia, ME is a small town located in the heart of Maine. It has a population of just around 1,000 people, but it offers an array of services and amenities that make it a great place to live. It is known for its great schools, low crime rate, and affordable housing. The average 2 bedroom rental in Columbia is $900 per month which is almost $500 less than the national average of $1,430. Grocery costs are also cheaper here with the Grocery Cost Index at 105 compared to 100 in the US. There are plenty of local businesses such as shops, restaurants, and entertainment venues which make living here even better. Columbia is certainly an attractive option for anyone looking for an affordable and safe place to live.

Columbia has an unemployment rate of 12.9%. The US average is 6.0%.

Columbia has seen the job market decrease by -0.3% 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 Columbia
- The Sales Tax Rate for Columbia is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Columbia 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 Columbia
- The average income of a Columbia resident is $21,150 a year. The US average is $28,555 a year.
- The Median household income of a Columbia resident is $65,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColumbia, MaineUnited States
  12.96
  -5.0%-6.2%
  26.7%33.5%
  5.5%6.2%
  6.8%4.6%
  $24,384$37,638
  $65,625$69,021
  $72,679$85,028
  Population by Occupation
  7.8%1.2%
  0.0%0.5%
  10.9%6.8%
  5.7%10.0%
  9.8%2.5%
  17.1%11.0%
  0.5%4.8%
  1.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  3.6%7.6%
  0.0%0.1%
  4.1%4.2%
  13.5%9.3%
  8.3%14.0%
  0.0%2.1%
  5.7%7.0%
  8.3%4.8%
  3.6%4.7%
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