Westmanland, ME Economy


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United States / Maine / No Metro Area / Aroostook County / Westmanland / Zip Codes
Westmanland, ME is a small rural town located in the foothills of Maine. It is known for its quaint atmosphere and its proximity to outdoor activities. The cost of living in Westmanland is significantly lower than the US average; with a 2 bedroom rent at only $810 and grocery cost index at 104 versus 100 in the US, it offers an affordable lifestyle.
The town has many local businesses that have been serving the community for years. Some well-known companies include Smith's Hardware Store, Strickland's Bakery, and Moore's Antiques Shop. All of these stores are family owned and have been around for generations.
In addition to its businesses, Westmanland also offers a variety of leisure activities. There are plenty of hiking trails nearby perfect for exploring nature, as well as several lakes ideal for fishing or swimming in the summertime. The townsfolk often come together to celebrate their heritage with festivals throughout the year such as Fourth of July picnics or apple-picking excursions in autumn. All these amenities make Westmanland an attractive place to live.

Westmanland has an unemployment rate of 7.7%. The US average is 6.0%.

Westmanland has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Westmanland
- The Sales Tax Rate for Westmanland is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Westmanland 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 Westmanland
- The average income of a Westmanland resident is $20,779 a year. The US average is $28,555 a year.
- The Median household income of a Westmanland resident is $43,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWestmanland, MaineUnited States
  7.76
  -4.0%-6.2%
  24.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $24,705$37,638
  $43,750$69,021
  $54,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.9%6.8%
  0.0%10.0%
  0.0%2.5%
  3.4%11.0%
  0.0%4.8%
  6.9%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  3.4%9.3%
  27.6%14.0%
  0.0%2.1%
  20.7%7.0%
  3.4%4.8%
  27.6%4.7%
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