Gray, ME Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Gray, ME is a small town located in the state of Maine and is home to approximately 1,400 residents. This quaint community offers a peaceful atmosphere with plenty of outdoor activities such as fishing, hiking, and skiing. The cost of living in Gray, ME is slightly higher than that of the US average due to higher rent costs and grocery expenses. The median 2 Bedroom rent in Gray is $1,720 per month compared to the US average of $1,430. Furthermore, the Grocery Cost Index in Gray is 109 compared to 100 which is the US average.
There are many local businesses in Gray including Adventure Bound Campground, Big Daddy's Restaurant & Bar and The Big A convenience store. There’s also Muddy Paw Sled Dog Kennel where you can meet trained sled dogs or take part in snowmobile tours offered by North Star Tours & Rentals. For those looking for some retail therapy, there’s Parson’s Trading Post where you can find a variety of items from clothing to hardware supplies.

Gray has an unemployment rate of 4.1%. The US average is 6.0%.

Gray has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.

Tax Rates for Gray
- The Sales Tax Rate for Gray is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Gray 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 Gray
- The average income of a Gray resident is $45,752 a year. The US average is $37,638 a year.
- The Median household income of a Gray resident is $90,284 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGray, 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%
Health
Compare Gray, ME
cost of living
Compare food, housing, utilities, and more in Gray, Maine to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.