Stockton Springs, ME Economy


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United States / Maine / No Metro Area / Waldo County / Stockton Springs / Zip Codes
Stockton Springs, ME is a beautiful coastal town located in Waldo County. This charming area offers stunning views of the Atlantic Ocean and Penobscot Bay. The population of Stockton Springs is approximately 1,500 people which makes it ideal for those looking for a small community atmosphere but with access to larger cities such as Bangor and Portland. The average two bedroom rent in Stockton Springs is $1,120 per month compared to the US average of $1,430 per month making it an affordable option for many people who want to live near the water. The Grocery Cost Index in Stockton Springs is also lower than the national average which helps keep the cost of living reasonable. Local companies in Stockton Springs include Gomans' Marina, Moody's Diner, and True Value Hardware; all providing great services or products to residents and visitors alike.

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

Stockton Springs has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 34.9%, which is higher than the US average of 33.5%.

Tax Rates for Stockton Springs
- The Sales Tax Rate for Stockton Springs is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Stockton Springs 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 Stockton Springs
- The average income of a Stockton Springs resident is $26,846 a year. The US average is $28,555 a year.
- The Median household income of a Stockton Springs resident is $73,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStockton Springs, MaineUnited States
  6.96
  -6.1%-6.2%
  34.9%33.5%
  5.5%6.2%
  6.8%4.6%
  $40,370$37,638
  $73,125$69,021
  $80,594$85,028
  Population by Occupation
  1.6%1.2%
  0.5%0.5%
  8.0%6.8%
  6.2%10.0%
  4.2%2.5%
  11.4%11.0%
  6.9%4.8%
  0.0%0.8%
  1.4%1.9%
  6.0%4.7%
  1.5%1.9%
  3.5%7.6%
  0.0%0.1%
  2.7%4.2%
  18.7%9.3%
  11.9%14.0%
  2.5%2.1%
  4.9%7.0%
  5.1%4.8%
  3.1%4.7%
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