Abbot, ME is a small town located in the New England region of the US. It offers a peaceful atmosphere with plenty of opportunities for outdoor activities like fishing, hiking, and skiing. The rent for a 2 bedroom apartment here is quite affordable at $840 per month compared to other parts of the country where it's around $1,430. Grocery costs are also cheaper than the national average at 106 versus 100. This makes it an attractive place to live for those looking for a lower cost of living without sacrificing on quality amenities.
The town has several local businesses such as Abbot Pharmacy, Abbot Post Office, P&P Grocery Store, and Abbot Hardware Store that offer services to locals and visitors alike. Additionally, restaurants like Allstar Diner & Pub and Pines Restaurant provide delicious meals for everyone to enjoy. With its natural beauty and numerous amenities, Abbot is definitely a great place to settle down!
Abbot has an unemployment rate of 4.9%. The US average is 6.0%.
Abbot has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Abbot
- The Sales Tax Rate for Abbot is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Abbot 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 Abbot
- The average income of a Abbot resident is $28,756 a year. The US average is $37,638 a year.
- The Median household income of a Abbot resident is $47,614 a year. The US average is $69,021 a year.