Hiram, ME is a small city located in the eastern part of the state. It is known for its rural charm and peaceful atmosphere, making it a perfect place to live. There are a variety of local businesses in Hiram, such as Hiram Farm & Nursery, Tod's Cider Mill, and Holtz Apple Orchard. The cost of living in Hiram is lower compared to the national average. For example, the average rent for a two-bedroom apartment is $950, which is much lower than the national average of $1,430. Additionally, the grocery cost index in Hiram is 106 compared to 100 nationally. This shows that groceries tend to be slightly more expensive in Hiram than elsewhere in the country.
Hiram has an unemployment rate of 5.2%. The US average is 6.0%.
Hiram 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 Hiram
- The Sales Tax Rate for Hiram is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Hiram 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 Hiram
- The average income of a Hiram resident is $19,830 a year. The US average is $28,555 a year.
- The Median household income of a Hiram resident is $47,734 a year. The US average is $69,021 a year.