Bristol, ME is a quaint and welcoming town situated in the Penobscot Bay region. With its close proximity to the ocean and ample outdoor activities, Bristol is an ideal spot for those looking for a slower pace of life. Despite its small size, the town offers plenty of amenities including dining opportunities, retail stores, cultural attractions and more. Two bedroom rent in Bristol is relatively lower than the national average at $1,340 compared to $1,430. Furthermore, groceries are also much cheaper here with a Grocery Cost Index of 113 versus 100 in the US. There are a number of local businesses that contribute to Bristol's economy such as Wilsons Wharf Restaurant & Bar, Burns Shop 'n Save supermarket and Jetpack Comics & Games. All in all, Bristol has much to offer to those seeking a peaceful yet vibrant lifestyle.
Bristol has an unemployment rate of 6.1%. The US average is 6.0%.
Bristol has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Bristol
- The Sales Tax Rate for Bristol is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Bristol 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 Bristol
- The average income of a Bristol resident is $32,471 a year. The US average is $28,555 a year.
- The Median household income of a Bristol resident is $72,083 a year. The US average is $69,021 a year.