Weld, ME is a small town located in the western part of the state with a population of just over 1,000 people. It's an affordable place to live with the average rent for a two-bedroom apartment being only $940 compared to the national average of $1,430. The grocery cost index in Weld is 106 versus 100 in the US. In Weld, there are many local businesses such as The Richwood Store, which offers groceries and home goods; D&S Supply, which provides construction and agricultural supplies; and Ella's Farm Market which specializes in locally grown produce. The average salary for jobs in Weld is around $33,000 and some of the most popular professions include store clerks, farmhands, welders, and construction workers.
Weld has an unemployment rate of 14.2%. The US average is 6.0%.
Weld has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Weld
- The Sales Tax Rate for Weld is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Weld 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 Weld
- The average income of a Weld resident is $24,464 a year. The US average is $28,555 a year.
- The Median household income of a Weld resident is $55,066 a year. The US average is $69,021 a year.