Bridgton, ME is a small town in Cumberland County known for its recreational activities throughout all four seasons. The average two bedroom rent in Bridgton is $1,250 which is significantly lower than the national average of $1,430. This makes Bridgton an attractive place to live for those who are looking for more affordable housing options. Additionally, Bridgton’s grocery cost index is 107 compared to 100 in the US which shows that it is an affordable place to shop for groceries. Some local companies based in Bridgton include Bridgton Books, Bridgtown Ice Cream and Candy Co., and Northwoods Sporting Goods. These companies provide quality goods and services to residents of Bridgton as well as visitors from other towns.
Bridgton has an unemployment rate of 4.5%. The US average is 6.0%.
Bridgton has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.
Tax Rates for Bridgton
- The Sales Tax Rate for Bridgton is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Bridgton 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 Bridgton
- The average income of a Bridgton resident is $21,575 a year. The US average is $28,555 a year.
- The Median household income of a Bridgton resident is $73,250 a year. The US average is $69,021 a year.