South Berwick, ME Economy


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South Berwick, Maine is a small town located in York County and is home to around 6,500 residents. It is a quaint bedroom community that provides an excellent quality of living with many local amenities. The two-bedroom rent in South Berwick is 8% higher than the national average at $1,520. Additionally, the grocery cost index in South Berwick is 10% higher than the national average at 110.
The town has a variety of local businesses including stores such as JT’s Country Store, Ioka Valley Farm, and Hamilton House; restaurants like The Purple House and The Front Room; and service providers such as Abbot Playground Equipment Co., Spinney Electric Ltd., and Coastal Orthodontics. South Berwick offers locals a friendly atmosphere with numerous outdoor activities to enjoy within the region's lakeside communities such as Somersworth Dam Pond or Salmon Falls River Park.

South Berwick has an unemployment rate of 4.7%. The US average is 6.0%.

South 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 South Berwick
- The Sales Tax Rate for South Berwick is 5.5%. The US average is 7.3%.
- The Income Tax Rate for South 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 South Berwick
- The average income of a South Berwick resident is $32,628 a year. The US average is $28,555 a year.
- The Median household income of a South Berwick resident is $90,446 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Berwick, MaineUnited States
  4.76
  -6.0%-6.2%
  40.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $43,644$37,638
  $90,446$69,021
  $104,338$85,028
  Population by Occupation
  1.7%1.2%
  0.0%0.5%
  11.8%6.8%
  11.8%10.0%
  1.0%2.5%
  10.1%11.0%
  1.7%4.8%
  0.0%0.8%
  1.3%1.9%
  4.7%4.7%
  0.3%1.9%
  6.6%7.6%
  0.4%0.1%
  3.7%4.2%
  13.2%9.3%
  15.1%14.0%
  2.7%2.1%
  3.8%7.0%
  3.9%4.8%
  6.5%4.7%
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