Dayton, ME Economy


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Dayton, ME is a small town with a population of less than 1,000 people. Despite its size, it enjoys many amenities and services that larger cities offer. The cost of living in Dayton is very reasonable. The average rent for a two-bedroom apartment is $1,320 per month which is relatively low compared to the national average of $1,430 per month. The grocery cost index in Dayton is also lower than the national average at 110 compared to 100 in the US.
As for local companies that are based in Dayton, one notable business is the Muddy Paw Sled Dog Kennel which offers guided tours and lessons on how to mush sled dogs. Another great business located here is Jonathan's Restaurant where you can find meals made from locally sourced ingredients and craft beer from Maine breweries. Red Barn Antiques is another well-known shop that sells antique furniture and decor as well as vintage finds for those who appreciate items from years gone by.

Dayton has an unemployment rate of 6.5%. The US average is 6.0%.

Dayton has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.

Tax Rates for Dayton
- The Sales Tax Rate for Dayton is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Dayton 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 Dayton
- The average income of a Dayton resident is $29,971 a year. The US average is $28,555 a year.
- The Median household income of a Dayton resident is $97,857 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDayton, MaineUnited States
  6.56
  -6.1%-6.2%
  40.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $40,127$37,638
  $97,857$69,021
  $111,125$85,028
  Population by Occupation
  1.1%1.2%
  0.2%0.5%
  6.9%6.8%
  17.6%10.0%
  3.6%2.5%
  10.0%11.0%
  1.2%4.8%
  0.0%0.8%
  1.6%1.9%
  9.0%4.7%
  0.5%1.9%
  5.0%7.6%
  0.0%0.1%
  2.7%4.2%
  5.6%9.3%
  14.8%14.0%
  5.2%2.1%
  7.8%7.0%
  3.1%4.8%
  4.1%4.7%
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