Bethel, ME is a small town located in Oxford County with a population of 2,607 according to the 2019 U.S. census. It is known as a rural destination spot for skiing and outdoor recreation activities since it is close to Sunday River ski area. The cost of living and rental prices in Bethel are much more affordable than that of the US average, with two bedroom rental rates standing at $990 compared to the US average of $1,430. Grocery costs are also lower than the national average with an index of 106 versus 100 in the US. The local economy relies heavily on tourism due to its popular attractions such as mountain biking trails and ski areas like Sunday River and Mt Abram Ski Area. Small businesses such as Bethel Inn Resort, White Mountain Hotel & Resort, Bethel Outfitters, and Sunday River Brewing Company provide jobs for locals and visitors alike. There are also many opportunities available through nearby larger corporations including Baxter Brewing Co., GT Advanced Technologies LLC., Dead River Co., Maine Drug Co., and Bigelow Laboratory for Ocean Sciences Inc. With its proximity to larger cities like Portland and Lewiston, there are many job options available for those who choose to move here from outside the area.
Bethel has an unemployment rate of 5.9%. The US average is 6.0%.
Bethel has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Bethel
- The Sales Tax Rate for Bethel is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Bethel 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 Bethel
- The average income of a Bethel resident is $31,603 a year. The US average is $28,555 a year.
- The Median household income of a Bethel resident is $34,816 a year. The US average is $69,021 a year.