Thomaston, ME is a small community located in the foothills of Maine. The town is known for its quaint shops and scenic views of the ocean. It has a population of just under 4,000 people and is a great place to live and work. The cost of living in Thomaston, ME is relatively low. Some local companies include Thomaston Mills, Maine Lobster Co., and Coastal Seafoods. Rent for a 2 bedroom apartment in Thomaston averages at $1,100 per month compared to the US average of $1,430 per month. Grocery costs are also lower with an index of 107 compared to 100 in the US on average. This makes it easier for families to afford their cost of living.
Thomaston has an unemployment rate of 5.6%. The US average is 6.0%.
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 Thomaston
- The Sales Tax Rate for Thomaston is 5.5%. The US average is 7.3%.
- The Income Tax Rate for 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 Thomaston
- The average income of a Thomaston resident is $24,714 a year. The US average is $28,555 a year.
- The Median household income of a Thomaston resident is $55,922 a year. The US average is $69,021 a year.