Hamlin, ME is a small town located in the US state of Maine. The cost of living in Hamlin, ME is quite reasonable, with 2 bedroom rental prices coming out to around $770 per month. The grocery cost index in Hamlin is 102 compared to the US average of 100, indicating that groceries here are slightly more expensive than the national average. There are a variety of local companies in Hamlin that offer services ranging from auto repair to real estate assistance. Some popular companies include Hamlin Motors, which provides quality car repairs and maintenance, and Real Estate Solutions Inc., a real estate company that helps clients buy and sell homes at competitive rates. Overall, Hamlin has an affordable cost of living and offers a variety of businesses for its residents.
Hamlin has an unemployment rate of 7.2%. The US average is 6.0%.
Hamlin has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Hamlin
- The Sales Tax Rate for Hamlin is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Hamlin 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 Hamlin
- The average income of a Hamlin resident is $82,583 a year. The US average is $37,638 a year.
- The Median household income of a Hamlin resident is $41,250 a year. The US average is $69,021 a year.