Cumberland County, ME Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Maine / / Cumberland County / Cities / Zip Codes
Cumberland, ME County is known for its excellent quality of life. Not only does it boast beautiful scenery, but the cost of living is also quite affordable. The median rent for a two-bedroom apartment in Cumberland is $1,740, significantly lower than the US average of $1,430. Additionally, the grocery cost index in Cumberland is 112 compared to the US average of 100. Many local businesses such as Red Barn Market and Pulse Wellness strengthen community ties while providing residents with essential amenities and services. Those considering moving to Cumberland will find that it's a great place to live with plenty of employment opportunities and affordable housing options.

Cumberland County has an unemployment rate of 4.5%. The US average is 6.0%.

Cumberland County has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.

Tax Rates for Cumberland County
- The Sales Tax Rate for Cumberland County is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cumberland County 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 Cumberland County
- The average income of a Cumberland County resident is $33,844 a year. The US average is $28,555 a year.
- The Median household income of a Cumberland County resident is $80,679 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCumberland, MaineUnited States
  4.56
  -6.0%-6.2%
  40.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $45,704$37,638
  $80,679$69,021
  $104,635$85,028
  Population by Occupation
  1.1%1.2%
  0.0%0.5%
  5.7%6.8%
  7.6%10.0%
  2.0%2.5%
  11.1%11.0%
  3.2%4.8%
  0.5%0.8%
  2.4%1.9%
  8.1%4.7%
  1.9%1.9%
  9.6%7.6%
  0.1%0.1%
  3.2%4.2%
  10.4%9.3%
  17.3%14.0%
  1.9%2.1%
  6.8%7.0%
  4.0%4.8%
  2.9%4.7%
Health