Limestone, ME is a small town located in Aroostook County with a population of 1,314 people according to the US Census. The median 2 bedroom rent in Limestone is $770 which is much lower than the national average at $1,430. The grocery cost index in Limestone is 102 versus 100 in the US which indicates slightly higher costs on basic goods such as food and drinks. Despite its small size, Limestone offers plenty of amenities for locals and visitors alike. For instance, businesses like Central Maine Motors Ford Lincoln and Northern Delights Floral & Gifts offer residents great shopping experiences. When it comes to outdoor recreation there are many activities to choose from such as hiking along the Appalachian Trail or visiting nearby natural attractions like Aziscohos Lake or Long Lake State Park. Lastly, the Limestone original Music Festival held every August draws large crowds from all over Maine.
Limestone has an unemployment rate of 5.9%. The US average is 6.0%.
Limestone has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Limestone
- The Sales Tax Rate for Limestone is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Limestone 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 Limestone
- The average income of a Limestone resident is $16,925 a year. The US average is $28,555 a year.
- The Median household income of a Limestone resident is $41,875 a year. The US average is $69,021 a year.