Vassalboro, ME is a small town located in the Kennebec County in Maine. It has a population of around 5000 people and is known for its tranquil atmosphere and friendly locals. The 2 bedroom rent in Vassalboro is significantly cheaper than the US average at only $950 compared to the US average of $1,430 per month showing that this area has a relatively low cost-of-living overall. Additionally, the grocery cost index in Vassalboro versus the US shows that goods here are somewhat more expensive with an index of 105 compared to 100 in the US.
Some notable companies based in Vassalboro include J&J truck Bodies & Trailers and Kennebec Valley Gas Co. Overall, Vassalboro is an attractive place to live due to its close proximity to amenities, low cost rental options, and relaxed atmosphere.
Vassalboro has an unemployment rate of 5.0%. The US average is 6.0%.
Vassalboro has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.
Tax Rates for Vassalboro
- The Sales Tax Rate for Vassalboro is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Vassalboro 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 Vassalboro
- The average income of a Vassalboro resident is $23,076 a year. The US average is $28,555 a year.
- The Median household income of a Vassalboro resident is $67,264 a year. The US average is $69,021 a year.