South Bristol, ME is a small town with an estimated population of around 800 people. Located on the Damariscotta River, South Bristol offers its residents beautiful views and plenty of outdoor activities. The cost of living is slightly higher than the national average, as 2 bedroom rent in South Bristol averages $1,630 per month compared to $1,430 nationally. Grocery cost index in South Bristol is 114 versus 100 in the US. Local companies include South Bristol Marina which offers boat rentals and repairs, as well as retail stores like That Place For Tea and Beer & Wine To Go! All in all, South Bristol is a great place to live with plenty of amenities at modest prices.
South Bristol has an unemployment rate of 7.7%. The US average is 6.0%.
South Bristol has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for South Bristol
- The Sales Tax Rate for South Bristol is 5.5%. The US average is 7.3%.
- The Income Tax Rate for South Bristol 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 South Bristol
- The average income of a South Bristol resident is $37,713 a year. The US average is $28,555 a year.
- The Median household income of a South Bristol resident is $66,544 a year. The US average is $69,021 a year.