South Thomaston, ME is a small town with an estimated population of 2,000 people. It is located in the midcoast region of the state and is known for its beautiful coastal views. The cost of living in South Thomaston is lower than the US average as evidenced by a two bedroom rental price of $1,080 compared to $1,430 nationally. Additionally, grocery costs index 109 versus 100 in the US indicating that food items are more affordable here. This makes South Thomaston an ideal place to live for those looking for affordability without sacrificing access to amenities.
The town has several local businesses including Carver Hill Gallery which sells artwork from local artisans, Blue Sky Buildings which specializes in custom-built homes and buildings, and Tidal Diamonds which offers handmade jewelry crafted from locally sourced materials. All three companies are popular among residents and visitors alike due to their commitment to quality craftsmanship and customer service.
Overall, South Thomaston is a great place to call home for those who want the convenience of small town living within an affordable budget. The low rent prices and grocery cost index make this area one of Maine's most desirable places to live while still being close enough to larger cities like Portland for easy access to all that Maine has to offer.
South Thomaston has an unemployment rate of 6.8%. The US average is 6.0%.
South Thomaston has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for South Thomaston
- The Sales Tax Rate for South Thomaston is 5.5%. The US average is 7.3%.
- The Income Tax Rate for South Thomaston 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 Thomaston
- The average income of a South Thomaston resident is $25,988 a year. The US average is $28,555 a year.
- The Median household income of a South Thomaston resident is $76,297 a year. The US average is $69,021 a year.