Newfield, ME is an ideal place to settle down and enjoy the peace of a small town. The rent for two bedroom apartments in Newfield, ME is around $1,270 which is significantly lower than the US average of $1,430. This makes it easy for individuals and families to live comfortably and securely. Additionally, grocery costs in Newfield are also lower; with a Grocery Cost Index of 107 compared to the nationwide index of 100. Several local businesses can be found within Newfield such as the Cozy Corner Café, DownEast Energy Corporation, Alden's Auto Body & Repair, and Anderson Lumber Company. With reasonable living expenses, good housing options and local businesses this small town has much to offer.
Newfield has an unemployment rate of 7.1%. The US average is 6.0%.
Newfield has seen the job market increase by 1.4% 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 Newfield
- The Sales Tax Rate for Newfield is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Newfield 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 Newfield
- The average income of a Newfield resident is $21,355 a year. The US average is $28,555 a year.
- The Median household income of a Newfield resident is $51,016 a year. The US average is $69,021 a year.