South Paris, ME is an affordable town located in Oxford County. It has a population of around 3,400 people and is known for its small-town charm and rural atmosphere. The cost of living in South Paris is relatively low compared to other cities in the US; 2 bedroom rents are around $940 compared to the national average of $1,430 making it an attractive option for those looking for a more economical place to live. In addition to its lower rent prices, South Paris also offers a grocery cost index of 105 compared to 100 nationally. Local businesses in South Paris include D&M Auto Parts, Ludden Library & Museum, and TMS Industries Inc which all provide employment opportunities for people in town. Overall, South Paris is an affordable place to live with low rent and grocery costs making it a desirable option for those hoping to avoid expensive city living costs.
South Paris has an unemployment rate of 6.6%. The US average is 6.0%.
South Paris has seen the job market decrease by -6.3% 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 South Paris
- The Sales Tax Rate for South Paris is 5.5%. The US average is 7.3%.
- The Income Tax Rate for South 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 South Paris
- The average income of a South Paris resident is $22,423 a year. The US average is $37,638 a year.
- The Median household income of a South Paris resident is $42,929 a year. The US average is $69,021 a year.