Limerick, ME is a small town located in York County with a population just under 1,500 people. It is home to many local businesses such as the Limerick Market & Deli, The Great Lost Bear Bar & Grille, and the Limerick Garden Center. Despite its small size, it has great amenities that make it an ideal place for families and singles alike to settle down. The cost of living in Limerick is slightly higher than the US average. The 2 bedroom rent in Limerick is $1,520 compared to $1,430 across the US. Furthermore, the Grocery Cost Index in Limerick is 107 versus 100 in the US which indicates that groceries are a bit more expensive here as well. Overall, Limerick offers all the essential benefits of living in a small town while still being close enough to larger cities like Portland for additional attractions and amenities.
Limerick has an unemployment rate of 5.7%. The US average is 6.0%.
Limerick has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.
Tax Rates for Limerick
- The Sales Tax Rate for Limerick is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Limerick 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 Limerick
- The average income of a Limerick resident is $29,342 a year. The US average is $37,638 a year.
- The Median household income of a Limerick resident is $77,537 a year. The US average is $69,021 a year.