Roxbury, ME is a small town situated in close proximity to larger cities. It boasts quaint neighborhoods, local businesses such as the Roxbury Market and The Tap Room, excellent schools, and plenty of outdoor activities. Despite its small size, Roxbury has a lot to offer its residents. One particular advantage of living in Roxbury is the lower cost of living compared to other parts of the country. For example, a two bedroom rental property in Roxbury costs approximately $950 per month while similar properties across the U.S. are about $1,430 per month on average. In addition, grocery prices in Roxbury tend to be lower than those found elsewhere with an index of 103 versus 100 nationally. All this together creates an attractive place to call home for many people looking to lower their monthly expenses without sacrificing quality or convenience.
Roxbury has an unemployment rate of 11.4%. The US average is 6.0%.
Roxbury 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 Roxbury
- The Sales Tax Rate for Roxbury is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Roxbury 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 Roxbury
- The average income of a Roxbury resident is $22,503 a year. The US average is $28,555 a year.
- The Median household income of a Roxbury resident is $33,750 a year. The US average is $69,021 a year.