Woodville, ME is a small town located in Penobscot County. Despite its size, Woodville offers plenty of local companies and amenities for the community. These include local shops such as the Woodville Grocery Store, as well as several restaurants and public parks. The cost of living in Woodville is significantly lower than the US average, with 2 Bedroom Rent being $980 compared to $1,430 nationwide and a Grocery Cost Index of 103 compared to 100 nation-wide. With this cheaper cost of living and access to local services, it is no wonder why so many people choose to call Woodville home.
Woodville has an unemployment rate of 20.2%. The US average is 6.0%.
Woodville has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.
Tax Rates for Woodville
- The Sales Tax Rate for Woodville is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Woodville 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 Woodville
- The average income of a Woodville resident is $20,167 a year. The US average is $28,555 a year.
- The Median household income of a Woodville resident is $52,639 a year. The US average is $69,021 a year.