Stoneham, ME is a small town located in the Eastern Region of Maine. It is a charming town known for its natural beauty and scenic views. The population of Stoneham is around 1,000 people and it offers an affordable cost of living. The average two-bedroom rent in Stoneham is $940 per month which is much lower than the US average rent price of $1,430. Similarly, the Grocery Cost Index in Stoneham stands at 106 versus 100 for the United States which implies groceries are slightly more expensive but still affordable. Some local businesses that can be found in Stoneham include Piscataquis Hardware & Supply stores, My Way Cafe & Bakery, and Stoneham Auto Parts Inc. In summary, Stoneham offers a peaceful lifestyle with affordable prices for those looking to escape city life.
Stoneham has an unemployment rate of 13.3%. The US average is 6.0%.
Stoneham 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 Stoneham
- The Sales Tax Rate for Stoneham is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Stoneham 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 Stoneham
- The average income of a Stoneham resident is $26,073 a year. The US average is $28,555 a year.
- The Median household income of a Stoneham resident is $38,125 a year. The US average is $69,021 a year.