Topsfield, Maine is a small town located in the north-eastern part of the state. With a population of just over 1,500 people, it offers a peaceful and rural environment for those looking to live outside of a city. This small town has much to offer, such as its low 2 bedroom rental rate of $890 compared to the national average of $1,430. Local companies include K&S Pizza and D&D Auto Repair Shop. The grocery cost index in Topsfield is 104 versus 100 in the US which is lower than most places in the area making groceries more affordable for locals. Overall, Topsfield is great place to relocate with its rural atmosphere and reasonable cost of living.
Topsfield has an unemployment rate of 5.8%. The US average is 6.0%.
Topsfield has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Topsfield
- The Sales Tax Rate for Topsfield is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Topsfield 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 Topsfield
- The average income of a Topsfield resident is $18,145 a year. The US average is $28,555 a year.
- The Median household income of a Topsfield resident is $54,375 a year. The US average is $69,021 a year.