Waterboro, ME is a small town located in York County. It offers comfortable living for its residents with rental rates averaging around $1,590 for two-bedroom units. This cost is slightly higher than the national average of $1,430 for two-bedroom rentals. Additionally, grocery costs in Waterboro are 8% higher than the US average, according to the Grocery Cost Index. Despite these slightly higher costs of living, Waterboro still remains an attractive place to live due to its many local businesses and attractions. Popular companies that can be found in Waterboro include the Waterboro Family Restaurant, Little Falls Variety Store and Doane's Garage. There are also many recreational activities available in the area such as camping and boating at Wolfe's Neck State Park, playing golf at Oasis Golf Course or visiting the Timberland Library.
Waterboro has an unemployment rate of 5.2%. The US average is 6.0%.
Waterboro has seen the job market decrease by -6.1% 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 Waterboro
- The Sales Tax Rate for Waterboro is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Waterboro 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 Waterboro
- The average income of a Waterboro resident is $32,351 a year. The US average is $37,638 a year.
- The Median household income of a Waterboro resident is $83,508 a year. The US average is $69,021 a year.