Bath, ME is a quaint town situated on the mid coast of Maine. The town offers a picturesque setting with plenty of outdoor activities and access to vast natural resources. The two bedroom rent in Bath is slightly lower than the US average at $1,180 per month. In addition, the grocery cost index in Bath is 107 versus 100 in the US, making groceries more affordable for residents.
The local economy of Bath is driven by many successful businesses including Bath Iron Works, which manufactures naval vessels and other ships; Brunswick Landing Marina which provides marina services to the community; and Hyde Outfitters which specializes in outdoor apparel and equipment sales. A variety of restaurants and cafes offer delicious cuisine for visitors and locals alike. With so much to offer, it's easy to understand why so many people choose to call Bath their home!
Bath has an unemployment rate of 5.3%. The US average is 6.0%.
Bath 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 Bath
- The Sales Tax Rate for Bath is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Bath 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 Bath
- The average income of a Bath resident is $27,200 a year. The US average is $28,555 a year.
- The Median household income of a Bath resident is $60,838 a year. The US average is $69,021 a year.