Patten, ME Economy


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Patten, ME is a small town located near the Aroostook River in northern Maine. The town has a population of around 800 people and is home to many small businesses. The average two-bedroom rental cost in Patten is $860, lower than the national average of $1,430, making it a great option for those looking for more affordable housing. Grocery costs are also lower than the national average, with an index of 103 versus 100 in the US. Patten has many local businesses such as Ski Shack Sports Equipment Store and J & J Automotive Repair Services that provide goods and services to its residents. Overall, living in Patten can make for a relatively affordable lifestyle compared to other states and towns.

Patten has an unemployment rate of 5.9%. The US average is 6.0%.

Patten has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Patten
- The Sales Tax Rate for Patten is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Patten 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 Patten
- The average income of a Patten resident is $22,699 a year. The US average is $28,555 a year.
- The Median household income of a Patten resident is $37,292 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPatten, MaineUnited States
  5.96
  -4.5%-6.2%
  26.6%33.5%
  5.5%6.2%
  6.8%4.6%
  $21,333$37,638
  $37,292$69,021
  $50,000$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  13.4%6.8%
  0.0%10.0%
  0.0%2.5%
  9.3%11.0%
  10.1%4.8%
  0.0%0.8%
  0.0%1.9%
  4.0%4.7%
  0.0%1.9%
  4.5%7.6%
  0.0%0.1%
  10.1%4.2%
  29.2%9.3%
  12.1%14.0%
  0.0%2.1%
  2.4%7.0%
  4.0%4.8%
  0.0%4.7%
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