Kennebec County, ME Economy


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United States / Maine / / Kennebec County / Cities / Zip Codes
Kennebec County, ME is a great place to call home. With its easy access to Portland and Augusta, the county offers plenty of options for entertainment and culture. Not only that, but the cost of living is much lower than the national average. 2 bedroom rent in Kennebec is only $970 compared to the national average of $1,430. Similarly, their grocery cost index of 105 versus 100 in the US also shows how much cheaper it can be to live here. There are many local companies such as Bath Iron Works and Dead River Company which provide jobs to residents in the area. For those looking for outdoor activities, Kennebec boasts some of Maine’s most popular attractions such as The Gulf Hagas Trail, Mount Kineo State Park and Sebasticook Lake.

Kennebec County has an unemployment rate of 4.7%. The US average is 6.0%.

Kennebec County has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.

Tax Rates for Kennebec County
- The Sales Tax Rate for Kennebec County is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Kennebec 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 Kennebec County
- The average income of a Kennebec County resident is $32,854 a year. The US average is $37,638 a year.
- The Median household income of a Kennebec County resident is $58,097 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKennebec, MaineUnited States
  4.76
  -3.8%-6.2%
  31.9%33.5%
  5.5%6.2%
  6.8%4.6%
  $32,854$37,638
  $58,097$69,021
  $77,008$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  8.1%6.8%
  6.9%10.0%
  2.3%2.5%
  14.4%11.0%
  2.2%4.8%
  1.4%0.8%
  1.4%1.9%
  3.8%4.7%
  1.0%1.9%
  5.2%7.6%
  0.0%0.1%
  3.0%4.2%
  12.5%9.3%
  17.1%14.0%
  1.1%2.1%
  5.7%7.0%
  4.5%4.8%
  7.3%4.7%
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