Sebago, ME Economy


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Sebago, ME is a small town located outside of Portland with a population of around 2,000. The cost of living in Sebago is generally lower than the US average; the price of rent for a two bedroom apartment is $1,360 compared to the US average of $1,430 and the Grocery Cost Index in Sebago is 107 compared to the national average of 100. There are many local businesses and amenities such as Loon Echo Outfitters, which sell outdoor apparel and equipment along with providing outdoor activities such as guided fishing trips and snowshoe tours. Other popular stores include Sebago General Store where customers can find fresh produce, homemade pastries, and locally made souvenirs. Additionally, Sebago offers plenty of recreational activities including hiking trails at numerous state parks like Wolfe's Neck Woods State Park and Bradbury Mountain State Park.

Sebago has an unemployment rate of 6.9%. The US average is 6.0%.

Sebago 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 Sebago
- The Sales Tax Rate for Sebago is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Sebago 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 Sebago
- The average income of a Sebago resident is $27,974 a year. The US average is $28,555 a year.
- The Median household income of a Sebago resident is $57,037 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySebago, MaineUnited States
  6.96
  -6.0%-6.2%
  40.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $34,448$37,638
  $57,037$69,021
  $83,362$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  13.2%6.8%
  8.6%10.0%
  1.7%2.5%
  14.1%11.0%
  2.7%4.8%
  0.0%0.8%
  2.9%1.9%
  5.7%4.7%
  5.5%1.9%
  3.6%7.6%
  0.3%0.1%
  4.0%4.2%
  7.6%9.3%
  12.5%14.0%
  5.2%2.1%
  3.6%7.0%
  3.5%4.8%
  3.8%4.7%
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