Cooper, ME is a small rural town located in Penobscot County. The population here is small but its living costs are quite affordable compared to the national average. The median rent for a two bedroom apartment in Cooper is $910 while the US at large has an average of $1,430. This makes Cooper an attractive option for those looking to save on housing costs. Additionally, groceries and other goods are slightly more cost effective than elsewhere; the grocery cost index here is 105 versus 100 in the US. \nThere are a few local companies that help give Cooper it's unique character including Rock Maple Mountain Grocery, EM Murray Excavation & Septic Service, and Yankee Custom Carpentry & Renovations Ltd. All of these businesses provide invaluable services to locals and contribute to the overall economy of Cooper.
Cooper has an unemployment rate of 8.3%. The US average is 6.0%.
Cooper has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Cooper
- The Sales Tax Rate for Cooper is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cooper 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 Cooper
- The average income of a Cooper resident is $31,066 a year. The US average is $28,555 a year.
- The Median household income of a Cooper resident is $51,000 a year. The US average is $69,021 a year.