Guilford, ME is a small town with a population of around 3,000 people. It is known for its rural charm and scenic surroundings with a wide array of outdoor activities. The town is home to many family-owned businesses such as the Guilford Country Store, Blue Hill Auto Parts, and Guilford Boatworks. One of the primary differences between Guilford and other parts of Maine is the cost of living; specifically rent and groceries. 2 bedroom rental properties in Guilford cost approximately $840 per month compared to $1,430 on average across the US as a whole. Additionally, Grocery Cost Index in Guilford is 105 versus 100 on average across the US., so groceries here are slightly more expensive than elsewhere in America
Guilford has an unemployment rate of 5.9%. The US average is 6.0%.
Guilford has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Guilford
- The Sales Tax Rate for Guilford is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Guilford 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 Guilford
- The average income of a Guilford resident is $25,713 a year. The US average is $37,638 a year.
- The Median household income of a Guilford resident is $46,136 a year. The US average is $69,021 a year.