Friendship, ME Economy


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United States / Maine / No Metro Area / Knox County / Friendship / Zip Codes
Friendship, ME is an idyllic town nestled in the heart of Maine. The cost of living is especially attractive for those looking to make the most of their money, with two bedroom rents sitting at $1,100 and grocery cost index is 107 versus 100 in the US. With a friendly atmosphere that puts a priority on quality of life, Friendship has become home to various local companies such as Friend's Cafe, Friend's Bakery and Friend's Bookstore. For those who enjoy nature can take advantage of nearby lakes and trails offering plenty of outdoor activities. All in all, Friendship is an affordable and amazing place to call home!

Friendship has an unemployment rate of 3.8%. The US average is 6.0%.

Friendship has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Friendship
- The Sales Tax Rate for Friendship is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Friendship 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 Friendship
- The average income of a Friendship resident is $26,353 a year. The US average is $28,555 a year.
- The Median household income of a Friendship resident is $69,107 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFriendship, MaineUnited States
  3.86
  -6.0%-6.2%
  31.7%33.5%
  5.5%6.2%
  6.8%4.6%
  $37,416$37,638
  $69,107$69,021
  $75,357$85,028
  Population by Occupation
  19.8%1.2%
  0.0%0.5%
  6.7%6.8%
  6.7%10.0%
  0.0%2.5%
  6.3%11.0%
  2.2%4.8%
  0.0%0.8%
  0.8%1.9%
  2.0%4.7%
  0.0%1.9%
  2.7%7.6%
  0.0%0.1%
  0.0%4.2%
  8.0%9.3%
  18.4%14.0%
  7.6%2.1%
  5.5%7.0%
  8.2%4.8%
  5.1%4.7%
Health
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