Bowdoinham, ME is a small town located in Sagadahoc County. It is a great place for those looking for an affordable living option with two bedroom rent averaging $1,300 compared to the US average of $1,430. Grocery costs are also lower than the US average with a grocery cost index of 107 versus 100 in the US. Bowdoinham features some great local businesses such as Bowdoinham Foodmart, Harborview Market, and The Boatyard Restaurant. These businesses provide residents with everything they need from food to entertainment.
Bowdoinham has an unemployment rate of 4.5%. The US average is 6.0%.
Bowdoinham has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Bowdoinham
- The Sales Tax Rate for Bowdoinham is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Bowdoinham 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 Bowdoinham
- The average income of a Bowdoinham resident is $30,742 a year. The US average is $28,555 a year.
- The Median household income of a Bowdoinham resident is $85,556 a year. The US average is $69,021 a year.