Oakland, ME is a small town located in Kennebec county with a population of just over 1,000 people. It's a quiet and peaceful community known for its natural beauty, outdoor activities, and close-knit culture. The cost of living is relatively low compared to the rest of the country; 2 bedroom rent is about $940 which is very affordable compared to the U.S national average of $1,430. The grocery cost index in Oakland is also quite reasonable at 106 versus the U.S national average of 100.
The town is home to many well known businesses and attractions such as the Oakland House of Pizza, Gagne & Son Inc., Lakeview Marina and Campground, Borestone Mountain Audubon Sanctuary, and Narrow Gauge Cinema. Residents enjoy spending time at these local establishments as well as exploring local trails and parks, fishing on Messalonskee Lake or Sebasticook River, waterskiing on Cobbosseecontee Lake, or snowmobiling on local trails during winter months.
Oakland has an unemployment rate of 4.7%. The US average is 6.0%.
Oakland 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 Oakland
- The Sales Tax Rate for Oakland is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Oakland 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 Oakland
- The average income of a Oakland resident is $31,625 a year. The US average is $28,555 a year.
- The Median household income of a Oakland resident is $75,529 a year. The US average is $69,021 a year.