Porter, ME Economy


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United States / Maine / No Metro Area / Oxford County / Porter / Zip Codes
Porter, Maine is a small town located in the heart of the state. It is a quiet community with a population of just over 700 people. The cost of living in Porter is relatively low compared to the US average, making it an attractive location for those looking for an affordable place to live. Two bedroom rental properties typically cost around $960 which is much lower than the national average of $1,430. The grocery cost index in Porter is also much lower than that of the US, sitting at 105 versus 100 respectively.
The town also offers plenty of local businesses including a pharmacy, doctor’s office, post office, market and gas station. There are several safe neighborhoods to choose from such as Maplewood Estates and Heritage Hollow; both communities offer small family homes on large lots with plenty of outdoor activities and amenities nearby. Overall, Porter provides a peaceful atmosphere with access to all of life’s essentials at an affordable price.

Porter has an unemployment rate of 7.8%. The US average is 6.0%.

Porter has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Porter
- The Sales Tax Rate for Porter is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Porter 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 Porter
- The average income of a Porter resident is $19,617 a year. The US average is $28,555 a year.
- The Median household income of a Porter resident is $43,981 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPorter, MaineUnited States
  7.86
  -6.0%-6.2%
  31.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $23,121$37,638
  $43,981$69,021
  $44,676$85,028
  Population by Occupation
  11.9%1.2%
  0.0%0.5%
  13.5%6.8%
  5.7%10.0%
  0.0%2.5%
  20.9%11.0%
  5.4%4.8%
  0.0%0.8%
  1.6%1.9%
  0.6%4.7%
  2.2%1.9%
  3.6%7.6%
  0.0%0.1%
  5.8%4.2%
  8.1%9.3%
  9.9%14.0%
  0.0%2.1%
  5.7%7.0%
  4.2%4.8%
  0.9%4.7%
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