Buckfield, Maine is located in Oxford county and is a great choice for those looking for an affordable place to live. Rent for a two-bedroom apartment comes in at $1,160 which is significantly lower than the national average at $1,430. The cost of groceries in Buckfield also remains relatively low with its Grocery Cost Index coming in at 105 versus 100 nationally. There are many local businesses located in Buckfield which make it an attractive option for both working and living. Companies such as Cornman Farms, Elgee Electrical and Perkins Automotive Repair provide numerous job opportunities as well as other amenities such as restaurants, grocery stores, banks, and entertainment options. With its affordable cost of living and convenient access to numerous local businesses, Buckfield is an ideal town for those looking to settle down.
Buckfield has an unemployment rate of 5.1%. The US average is 6.0%.
Buckfield has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Buckfield
- The Sales Tax Rate for Buckfield is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Buckfield 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 Buckfield
- The average income of a Buckfield resident is $21,789 a year. The US average is $28,555 a year.
- The Median household income of a Buckfield resident is $78,450 a year. The US average is $69,021 a year.