North Yarmouth, Maine is a town located just outside Portland with a population of over 4,300 people. The rent for two-bedrooms in North Yarmouth is an average of $1,960 per month compared to the US average at $1,430. Additionally, the Grocery Cost Index in North Yarmouth is 113 versus 100 in the US. It's no wonder why people are drawn to living in North Yarmouth! There are several local companies that help make this town unique such as The Nature Conservancy, Royal River Heat Pumps & Solar and Cottage Care Landscaping. All three of these local businesses help contribute to the vibrant community in North Yarmouth and make it a desirable place to live.
North Yarmouth has an unemployment rate of 3.9%. The US average is 6.0%.
North Yarmouth 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 40.1%, which is higher than the US average of 33.5%.
Tax Rates for North Yarmouth
- The Sales Tax Rate for North Yarmouth is 5.5%. The US average is 7.3%.
- The Income Tax Rate for North Yarmouth 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 Yarmouth
- The average income of a North Yarmouth resident is $48,469 a year. The US average is $37,638 a year.
- The Median household income of a North Yarmouth resident is $105,917 a year. The US average is $69,021 a year.