Plymouth, ME is an ideal place to live for those looking for an affordable place to call home. The average 2 bedroom rent in Plymouth, ME is $1,110, significantly less than the US average of $1,430. This price difference allows residents of Plymouth to save money and put it towards other necessities such as groceries. Grocery Cost Index in Plymouth is 105 versus 100 in the US which means that overall grocery costs are slightly higher than the national average but still affordable. Plymouth has many local companies that contribute to its economy: The Weathervane Seafood Restaurant and Take-Out, Big Dog Pizza and Tavern, Jolly's Pharmacy & Variety Store and more. These companies help create more job opportunities for the people of Plymouth as well as providing a variety of dining options and retail services.
Plymouth has an unemployment rate of 6.6%. The US average is 6.0%.
Plymouth has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.
Tax Rates for Plymouth
- The Sales Tax Rate for Plymouth is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Plymouth 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 Plymouth
- The average income of a Plymouth resident is $22,290 a year. The US average is $28,555 a year.
- The Median household income of a Plymouth resident is $51,053 a year. The US average is $69,021 a year.