Sidney, ME Economy


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Sidney, ME is a small town located in Central Maine. It is surrounded by plenty of outdoor activities such as hiking, fishing, camping, and skiing. The two bedroom rent in Sidney is much lower than the US average at $1,130 versus $1,430. Additionally, the Grocery Cost index is higher at 105 compared to the US standard of 100. This indicates that groceries may be more expensive, but living expenses are still relatively low. Sidney has a few local businesses to explore such as 3 Rivers Market, a family-owned grocery store offering organic produce and local goods; Quill's End Cafe & Bakery for some delicious homemade treats; and Sidney Trading Post for outdoor gear and supplies. With its close proximity to many outdoor activities and unique local businesses, it makes Sidney an ideal place to call home!

Sidney has an unemployment rate of 3.5%. The US average is 6.0%.

Sidney has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.

Tax Rates for Sidney
- The Sales Tax Rate for Sidney is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Sidney 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 Sidney
- The average income of a Sidney resident is $26,542 a year. The US average is $28,555 a year.
- The Median household income of a Sidney resident is $70,432 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySidney, MaineUnited States
  3.56
  -3.5%-6.2%
  31.9%33.5%
  5.5%6.2%
  6.8%4.6%
  $34,528$37,638
  $70,432$69,021
  $78,553$85,028
  Population by Occupation
  4.6%1.2%
  0.0%0.5%
  8.0%6.8%
  6.1%10.0%
  1.3%2.5%
  10.8%11.0%
  2.5%4.8%
  0.5%0.8%
  1.1%1.9%
  4.6%4.7%
  0.3%1.9%
  2.3%7.6%
  0.0%0.1%
  0.0%4.2%
  8.8%9.3%
  26.9%14.0%
  0.8%2.1%
  4.9%7.0%
  3.0%4.8%
  13.4%4.7%
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