Cornish, ME is a quaint small town in the state of Maine. The average 2 bedroom rent price is slightly lower than the US average, however grocery costs are slightly higher at 107 compared to 100 in the US. This rural area has seen some growth over recent years, with local companies such as Ted’s Place Food and Spirits, Cornish Garden Center, and The Magic Lantern Theater offering services to tourists and locals alike. Despite its small size, Cornish has something for everyone; whether it be outdoor activities or cultural attractions.
Cornish has an unemployment rate of 5.9%. The US average is 6.0%.
Cornish has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.
Tax Rates for Cornish
- The Sales Tax Rate for Cornish is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cornish 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 Cornish
- The average income of a Cornish resident is $24,371 a year. The US average is $28,555 a year.
- The Median household income of a Cornish resident is $61,099 a year. The US average is $69,021 a year.