Southport, ME Economy


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United States / Maine / No Metro Area / Lincoln County / Southport / Zip Codes
Southport, ME is a small coastal town that boasts beautiful views of the Atlantic Ocean. It has a population of just over 1,000 people and is known as a peaceful and laid-back community. Residents enjoy the convenience of shopping for groceries at local stores like Reny's and Carters Country Store. Rent for two bedroom apartments in Southport is slightly higher than the national average, but still quite affordable at $1,610 per month. The Grocery Cost Index in Southport is also slightly higher than the US average, measuring 115 versus 100 nation-wide. Overall, Southport offers its residents an idyllic lifestyle with plenty of amenities close by.

Southport has an unemployment rate of 10.5%. The US average is 6.0%.

Southport has seen the job market decrease by -9.2% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.

Tax Rates for Southport
- The Sales Tax Rate for Southport is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Southport 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 Southport
- The average income of a Southport resident is $45,252 a year. The US average is $37,638 a year.
- The Median household income of a Southport resident is $59,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouthport, MaineUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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