Steep Falls, Maine 

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Economy in Steep Falls, Maine

Steep Falls has an unemployment rate of 4.5%. The US average is 6.0%.

Steep Falls 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 Steep Falls
- The Sales Tax Rate for Steep Falls is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Steep Falls 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 Steep Falls
- The average income of a Steep Falls resident is $24,456 a year. The US average is $28,555 a year.
- The Median household income of a Steep Falls resident is $50,313 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYSteep Falls, MaineUnited States
  4.5%6.0%
  -6.0%-6.2%
  40.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $26,546$31,177
  $80,100$57,652
  $86,012$70,850
  POPULATION BY OCCUPATION
  4.7%1.3%
  0.0%0.6%
  31.9%6.2%
  11.3%10.4%
  0.0%2.7%
  7.8%11.6%
  0.0%4.1%
  0.0%0.9%
  0.0%2.1%
  14.4%4.7%
  0.0%1.9%
  0.0%6.7%
  0.0%0.1%
  0.0%4.3%
  0.0%9.3%
  14.8%13.8%
  0.0%2.2%
  4.1%7.4%
  7.2%4.9%
  3.7%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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