Manchester, ME is a vibrant city located in the Southern part of Maine. It has an array of local businesses, restaurants, and attractions. With a population of around 10,000 people, Manchester is an ideal place to live with reasonable 2 bedroom rent estimates at $1,140 compared to the national average of $1,430. Additionally, grocery costs are 8% cheaper than the US average with a cost index of 108 versus 100 in the US. Popular local companies in Manchester include retail stores such as Joes Variety and Home Decorators Outlet as well as restaurants like The Copper Door and C&J Barbeque. Manchester is an attractive place to live that offers both affordability and vibrant businesses for locals and visitors alike.
Manchester has an unemployment rate of 3.1%. The US average is 6.0%.
Manchester has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.
Tax Rates for Manchester
- The Sales Tax Rate for Manchester is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Manchester 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 Manchester
- The average income of a Manchester resident is $36,225 a year. The US average is $28,555 a year.
- The Median household income of a Manchester resident is $77,941 a year. The US average is $69,021 a year.