Topsham, ME is a small town situated in the heart of Maine. It's known for its friendly locals and stunning natural beauty, making it an ideal destination for those looking to get away from the hustle and bustle of city life. The cost of living in Topsham is relatively affordable; the rent for a two-bedroom apartment is $1,340 compared to $1,430 in the US. Additionally, the grocery cost index in Topsham is 108 compared to 100 in the US. For those looking for employment or entertainment options, local companies such as Bath Iron Works and Merrill Marine Terminal are popular employers while attractions such as Fort Popham State Historic Site and Bowdoin College Museum of Art offer plenty of culture and fun activities. Overall, Topsham has something to offer everyone who visits!
Topsham has an unemployment rate of 4.3%. The US average is 6.0%.
Topsham has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Topsham
- The Sales Tax Rate for Topsham is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Topsham 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 Topsham
- The average income of a Topsham resident is $32,845 a year. The US average is $28,555 a year.
- The Median household income of a Topsham resident is $73,345 a year. The US average is $69,021 a year.