Stetson, ME Economy


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Stetson, ME is a small town community located in the Pine Tree State. It has a population of less than 1,000 people and offers its citizens a quiet and peaceful lifestyle. The average rent for a two bedroom apartment is $1,170 per month, which is significantly lower than the national average of $1,430 per month. Additionally, the Grocery Cost Index in Stetson is 105 versus 100 in the US which means that groceries may be slightly more expensive here than elsewhere.
The town of Stetson has many local businesses that provide goods and services to its residents such as Stetson Auto Repair, Don’s Hardware Store and Taproot Farm. There are also several restaurants like Spanky’s Diner and The Lazy Lobster that allow patrons to enjoy some great home-cooked meals.

Stetson has an unemployment rate of 8.6%. The US average is 6.0%.

Stetson 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 Stetson
- The Sales Tax Rate for Stetson is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Stetson 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 Stetson
- The average income of a Stetson resident is $22,755 a year. The US average is $28,555 a year.
- The Median household income of a Stetson resident is $54,028 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStetson, MaineUnited States
  8.66
  -5.4%-6.2%
  26.6%33.5%
  5.5%6.2%
  6.8%4.6%
  $26,435$37,638
  $54,028$69,021
  $69,205$85,028
  Population by Occupation
  0.5%1.2%
  0.5%0.5%
  12.2%6.8%
  6.1%10.0%
  5.9%2.5%
  15.9%11.0%
  3.3%4.8%
  1.6%0.8%
  0.5%1.9%
  1.7%4.7%
  0.0%1.9%
  2.6%7.6%
  0.0%0.1%
  7.1%4.2%
  8.0%9.3%
  20.2%14.0%
  0.0%2.1%
  5.7%7.0%
  2.3%4.8%
  5.7%4.7%
Reviews for Stetson
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It's a sad town that's falling apart. It could be a great little town if the Selectmen focused more on moving the town forward. This includes boosting morale and  More

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Over 7 years ago

THIS PLACE BE WACK MAN.  More

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