Sweden, ME is a small town located in Cumberland County. It is a great place to live with lots of things to do. There are many local companies such as Black Cat Pizzeria and Pizza Hut. The town also offers a number of attractions such as the Maine Wildlife Park, Twitchell's Lobster Pool Restaurant, and the Sweden Historical Society Museum. The cost of living is relatively low with 2 bedroom rent prices being $1,250 while the US average is only slightly higher at $1,430. Additionally, the grocery cost index in Sweden, ME is 106 compared to 100 in the US. All these factors combine to make Sweden an attractive area to settle down and enjoy life in a close-knit community.
Sweden has an unemployment rate of 8.5%. The US average is 6.0%.
Sweden has seen the job market decrease by -10.1% 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 Sweden
- The Sales Tax Rate for Sweden is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Sweden 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 Sweden
- The average income of a Sweden resident is $34,593 a year. The US average is $37,638 a year.
- The Median household income of a Sweden resident is $72,946 a year. The US average is $69,021 a year.