New Limerick, ME is a small town located in northern Maine known for its beautiful scenery and outdoor recreation. It has a population of just over 3,000 people and the cost of living here is lower than the national average. Rent for a two bedroom apartment here is $850 compared to the US average of $1430, while the grocery cost index here is 106 compared to 100 in the US. The town also boasts many thriving local businesses such as Summer Sun Co-op, Hennesey's Farm Market, and Cornerstone Design Studio that provide quality goods and services to its residents. Additionally, New Limerick has been ranked highly for its quality public school system making it an attractive option for families looking to move into the area.
New Limerick has an unemployment rate of 4.7%. The US average is 6.0%.
New Limerick has seen the job market decrease by -0.5% 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 New Limerick
- The Sales Tax Rate for New Limerick is 5.5%. The US average is 7.3%.
- The Income Tax Rate for New 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 New Limerick
- The average income of a New Limerick resident is $25,417 a year. The US average is $28,555 a year.
- The Median household income of a New Limerick resident is $45,682 a year. The US average is $69,021 a year.