Naples, ME Economy


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Naples, ME is a charming town located in the Lakes Region of Maine. It is home to several local businesses such as the Naples Village Store and T & B's Pizza. The average 2 bedroom rent in Naples is $1,730 which is slightly higher than the US national average of $1,430. Additionally, the Grocery Cost Index in Naples stands at 107 compared to 100 nationally. This indicates that the cost of living in Naples is slightly higher than the national average. Despite this, it remains an affordable city for many young professionals and families looking for a place to settle down with its picturesque views and plenty of amenities nearby.

Naples has an unemployment rate of 6.1%. The US average is 6.0%.

Naples has seen the job market increase by 1.2% 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 Naples
- The Sales Tax Rate for Naples is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Naples 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 Naples
- The average income of a Naples resident is $25,389 a year. The US average is $28,555 a year.
- The Median household income of a Naples resident is $61,442 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNaples, MaineUnited States
  6.16
  -6.1%-6.2%
  40.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $38,895$37,638
  $61,442$69,021
  $85,991$85,028
  Population by Occupation
  1.9%1.2%
  0.0%0.5%
  9.8%6.8%
  7.6%10.0%
  2.8%2.5%
  18.6%11.0%
  1.1%4.8%
  1.1%0.8%
  0.5%1.9%
  1.7%4.7%
  5.0%1.9%
  10.3%7.6%
  0.0%0.1%
  1.4%4.2%
  9.8%9.3%
  13.4%14.0%
  1.9%2.1%
  4.9%7.0%
  3.6%4.8%
  4.6%4.7%
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