Paris, ME is a small town located in Oxford County. It is characterized by its serene atmosphere and its beautiful landscape. The cost of living in Paris is quite low when compared to the US average, with a 2 bedroom rent of $940 and a grocery cost index of 105 versus 100 in the US. Popular local companies include Paris Farmers Union which provides fuel, home heating oil, propane and agricultural products. Another popular local business is Panache Hair Design which specializes in haircuts and hair styling services. Other businesses include the Paris Medical Center which provides medical care and the Oxford Casino which offers gaming options.
Paris has an unemployment rate of 7.4%. The US average is 6.0%.
Paris has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Paris
- The Sales Tax Rate for Paris is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Paris 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 Paris
- The average income of a Paris resident is $20,007 a year. The US average is $28,555 a year.
- The Median household income of a Paris resident is $51,442 a year. The US average is $69,021 a year.