Gilead, ME is a small town located in Oxford County with an estimated population of 1,100 people. This area is known for its quaint atmosphere and the access to both outdoor activities and culture. Rent for a two bedroom apartment is much lower than the national average at $990 per month while the local grocery cost index of 106 is slightly higher than the US. This town has a few locally owned businesses like Gilead Millworks which specializes in custom woodworking projects and Gilead's Books & Coffee which offers all of your favorite books and drinks. Outdoor enthusiasts will appreciate nearby Killarney Lake where they can enjoy boating, fishing, hunting, swimming, and more. All in all, Gilead gives residents access to great outdoor activities as well as cultural amenities at an affordable price.
Gilead has an unemployment rate of 7.2%. The US average is 6.0%.
Gilead 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 Gilead
- The Sales Tax Rate for Gilead is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Gilead 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 Gilead
- The average income of a Gilead resident is $27,664 a year. The US average is $28,555 a year.
- The Median household income of a Gilead resident is $40,938 a year. The US average is $69,021 a year.