North Berwick, ME is a small town with a population of about 6,700 people. It’s located in southern Maine and offers plenty of amenities for those looking for an affordable place to call home. The median rent for a two-bedroom residence here is around $1,350 per month, which is slightly lower than the national average of $1,430 per month. This can help residents save money on rent costs while still having access to the essentials they need. Local businesses in North Berwick include Wells Pharmacy & Home Health Center, Lewiston-Auburn Chain Saw Service Inc., and K&T Electric Co., as well as several restaurants and cafes. Additionally, North Berwick has a grocery cost index of 110 compared to the national average of 100, meaning that most items here cost more than the US average.
North Berwick has an unemployment rate of 5.8%. The US average is 6.0%.
North Berwick 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 North Berwick
- The Sales Tax Rate for North Berwick is 5.5%. The US average is 7.3%.
- The Income Tax Rate for North Berwick 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 North Berwick
- The average income of a North Berwick resident is $30,246 a year. The US average is $28,555 a year.
- The Median household income of a North Berwick resident is $82,829 a year. The US average is $69,021 a year.