St. Albans, ME Economy


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United States / Maine / No Metro Area / Somerset County / St. Albans / Zip Codes
St. Albans, ME is a charming small town with a population of just over 4,000 people. The cost of living is very affordable, with an average 2 bedroom rent at $900 compared to the US average of $1,430. Grocery costs also tend to be lower than the national average, with a grocery cost index of 103 versus 100 in the US.
The town offers plenty to do for both residents and visitors alike. You can enjoy a variety of outdoor activities like camping, fishing, and hiking at nearby lakes and forests or take in the local culture by visiting museums and art galleries in town. There are also plenty of shopping opportunities from local businesses like Dorey's Market & Deli, St Albans Quik Mart & Café, and the Country Store & Kitchen. Residents can also access a range of services from neighboring towns such as healthcare clinics, auto repair shops, churches and other amenities. All in all, St Albans is an ideal place to live for those looking for an affordable lifestyle without sacrificing the benefits of small-town life.

St. Albans has an unemployment rate of 8.3%. The US average is 6.0%.

St. Albans has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.

Tax Rates for St. Albans
- The Sales Tax Rate for St. Albans is 5.5%. The US average is 7.3%.
- The Income Tax Rate for St. Albans 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 St. Albans
- The average income of a St. Albans resident is $20,431 a year. The US average is $28,555 a year.
- The Median household income of a St. Albans resident is $43,438 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Albans, MaineUnited States
  8.36
  -4.2%-6.2%
  23.9%33.5%
  5.5%6.2%
  6.8%4.6%
  $30,112$37,638
  $43,438$69,021
  $69,036$85,028
  Population by Occupation
  4.1%1.2%
  0.0%0.5%
  5.5%6.8%
  11.9%10.0%
  1.0%2.5%
  19.2%11.0%
  11.1%4.8%
  0.0%0.8%
  4.4%1.9%
  2.8%4.7%
  1.3%1.9%
  6.9%7.6%
  0.0%0.1%
  2.2%4.2%
  7.5%9.3%
  6.3%14.0%
  0.0%2.1%
  1.5%7.0%
  1.5%4.8%
  12.7%4.7%
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