New Sharon, ME is a small town located in the state of Maine. It has a population of just over 1,200 people and is home to some unique local businesses and attractions. Local companies include Cider Hill Farm, which produces apple cider from locally grown apples, and Pine Tree State Glassworks, which specializes in custom glassware and countertops. Other local attractions include the New Sharon Historical Center, which showcases the town’s rich history through exhibits and photographs; The New Sharon Arts Center for music, theater, and art classes; and Buswell Park for outdoor recreation activities. With its affordable rent costs and low Grocery Cost Index relative to the US average, New Sharon is an ideal place to live for those looking for a quiet place with plenty of character.
New Sharon has an unemployment rate of 6.7%. The US average is 6.0%.
New Sharon has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for New Sharon
- The Sales Tax Rate for New Sharon is 5.5%. The US average is 7.3%.
- The Income Tax Rate for New Sharon 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 Sharon
- The average income of a New Sharon resident is $21,379 a year. The US average is $28,555 a year.
- The Median household income of a New Sharon resident is $66,964 a year. The US average is $69,021 a year.