Woodland, ME Economy


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United States / Maine / No Metro Area / Aroostook County / Woodland / Zip Codes
Woodland, ME is a quaint and affordable town ideal for those looking for a peaceful place to settle down. The average two bedroom rent in Woodland, ME is $820, which is much lower than the national US average of $1,430. The cost of groceries in Woodland, ME also proves to be more economical than the US standard with an index of 104 versus 100. Popular local businesses include Wealden Market & Deli and Houlton Street Diner, both providing fresh ingredients for delicious meal options without breaking the bank. In addition to these amenities, Woodland offers scenic outdoor spaces like Aroostook State Park and Big Rock Ski Area that provide outdoor activities year-round. Overall, Woodland provides an accessible cost of living with plenty of entertainment options making it a great place to live.

Woodland has an unemployment rate of 5.9%. The US average is 6.0%.

Woodland 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 Woodland
- The Sales Tax Rate for Woodland is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Woodland 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 Woodland
- The average income of a Woodland resident is $22,263 a year. The US average is $28,555 a year.
- The Median household income of a Woodland resident is $56,210 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodland, MaineUnited States
  5.96
  -4.9%-6.2%
  24.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $23,449$37,638
  $56,210$69,021
  $64,167$85,028
  Population by Occupation
  10.7%1.2%
  0.0%0.5%
  15.1%6.8%
  4.2%10.0%
  2.2%2.5%
  11.4%11.0%
  3.1%4.8%
  0.0%0.8%
  0.7%1.9%
  2.9%4.7%
  1.5%1.9%
  1.5%7.6%
  0.0%0.1%
  2.4%4.2%
  8.2%9.3%
  23.0%14.0%
  0.9%2.1%
  2.0%7.0%
  2.7%4.8%
  7.6%4.7%
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