Jackson, Maine is a picturesque town with a small population and plenty of local charm. The cost of living is lower than that of the national average, and rents are particularly affordable. For instance, 2 bedroom rental units in Jackson cost around $1,140, about 20% lower than the US average for similar units ($1,430). Additionally, the cost of groceries in Jackson is 6% higher than the national average; however this difference is negligible when considering the overall cost of living in Jackson.
Local companies in Jackson include Northeast Cable Construction Inc., Bear Construction Inc., FCD Design & Construction LLC., and Main-Land Development Consultants Inc. These businesses provide construction services to residential and commercial customers throughout all of central Maine. Additionally, there are several retail stores including Pine View Farm Market & Bakery as well as Lambert's Hardware which offer everything from fresh produce to hardware supplies.
Jackson has an unemployment rate of 8.9%. The US average is 6.0%.
Jackson has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 34.9%, which is higher than the US average of 33.5%.
Tax Rates for Jackson
- The Sales Tax Rate for Jackson is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Jackson 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 Jackson
- The average income of a Jackson resident is $18,010 a year. The US average is $28,555 a year.
- The Median household income of a Jackson resident is $56,786 a year. The US average is $69,021 a year.