Waite, ME is a small town located on the eastern coast of Maine. It has a population of only around 600 people and offers peaceful surroundings for its citizens. The rental costs for two bedroom apartments are very affordable at only $890 per month compared to the national average of $1,430. Additionally, grocery costs are slightly lower in Waite than the rest of the US with an index rating of 102 versus 100 nationally. Those looking to move to Waite will find plenty to do in this coastal town. There are local companies such as Jame's Boat Yard that offer boat repair services and Waverly Docks where visitors can rent kayaks or paddle boards for day trips along the shoreline. Popular culture in Waite includes traditional festivals such as Lobsterfest which celebrates Maine's iconic seafood every June.
Waite has an unemployment rate of 1.9%. The US average is 6.0%.
Waite has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Waite
- The Sales Tax Rate for Waite is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Waite 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 Waite
- The average income of a Waite resident is $21,129 a year. The US average is $28,555 a year.
- The Median household income of a Waite resident is $59,375 a year. The US average is $69,021 a year.