Raymond, ME is a small rural town located in the southern region of Maine. It has a population of 4,436 people and provides a peaceful atmosphere for its residents. The rent for a two-bedroom apartment in Raymond is higher than the national average, with an average cost of $1,600 compared to the US average of $1,430. However, the grocery costs in Raymond are lower than the national average as indicated by a Grocery Cost Index of 111 versus 100 in the US.
Local businesses in Raymond include Scott's Family Market which offers fresh produce and groceries at competitive prices. There is also Wonder Auto Parts that provides automotive parts and services such as repairs, maintenance and installation. Other popular businesses include Chick-fil-A, J & I Automotive repair shop, Moe’s Italian Sandwiches and Woodlands Senior Living Community Center. All these companies offer great services to the citizens of Raymond.
Raymond has an unemployment rate of 4.2%. The US average is 6.0%.
Raymond has seen the job market increase by 1.2% 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 Raymond
- The Sales Tax Rate for Raymond is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Raymond 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 Raymond
- The average income of a Raymond resident is $37,272 a year. The US average is $28,555 a year.
- The Median household income of a Raymond resident is $77,019 a year. The US average is $69,021 a year.