Amherst, ME is a small town with great potential. It is known for its beautiful scenery and friendly atmosphere. The rent for a two-bedroom apartment in Amherst is $1,040 which is much cheaper than the national rate of $1,430. Groceries are also more affordable than average as the grocery cost index is 106 compared to 100 in the US. Popular local businesses include Walmart Supercenter, Ouellette's Market, and Amherst Hardware & Lumber Co. These companies provide an array of services that allow residents to get what they need without having to travel far from home.
Amherst has an unemployment rate of 2.3%. The US average is 6.0%.
Amherst has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Amherst
- The Sales Tax Rate for Amherst is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Amherst 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 Amherst
- The average income of a Amherst resident is $29,852 a year. The US average is $28,555 a year.
- The Median household income of a Amherst resident is $54,844 a year. The US average is $69,021 a year.