Exeter is a town located in York County, Maine. This small community has a population of just over 4,000 people and is known for its close-knit community and historic downtown area. Despite being located in a rural area, the cost of living in Exeter is still lower than the national average due to the affordability of housing costs and grocery items. Renting a two-bedroom apartment in Exeter averages at $1,060 per month whereas the US average is $1,430. The grocery cost index in Exeter is 104 versus 100 nationally. In addition to the affordable costs, Exeter boasts many local businesses such as Three River Farm, Leavitt & Peirce General Store, and Exeter Hardware Store which all contribute to the small-town feel experienced by locals.
Exeter has an unemployment rate of 6.6%. The US average is 6.0%.
Exeter has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.
Tax Rates for Exeter
- The Sales Tax Rate for Exeter is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Exeter 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 Exeter
- The average income of a Exeter resident is $29,130 a year. The US average is $37,638 a year.
- The Median household income of a Exeter resident is $60,806 a year. The US average is $69,021 a year.