Machias, ME is a small town in the eastern part of the country with a unique charm. With a population of just over 2,000 people, this is an ideal place for families looking for peace and quiet. In terms of rent, Machias is an attractive option as the cost of a two bedroom apartment is much lower than the U.S. average at $870 versus $1,430. The grocery cost index in Machias is also very reasonable, coming in at 106 compared to 100 in the US. There are many businesses that call Machias home including Downeast Printing Co., Johnson Commercial Real Estate Services, and Dennison's Pharmacy. Overall, Machias provides a relaxed atmosphere at an affordable price both for rent and groceries making it an attractive option for those looking to settle down.
Machias has an unemployment rate of 7.9%. The US average is 6.0%.
Machias has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Machias
- The Sales Tax Rate for Machias is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Machias 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 Machias
- The average income of a Machias resident is $17,067 a year. The US average is $28,555 a year.
- The Median household income of a Machias resident is $23,525 a year. The US average is $69,021 a year.