Weston, ME is a charming small town located in the central region of the state. It offers its residents a relaxed rural atmosphere with plenty of outdoor activities and amenities. The cost of living is significantly lower than the US average, with the median 2 bedroom rent being about $900 per month compared to $1,430 for the US as a whole. Grocery costs are also lower than the national average at 103 index points versus 100 in the US.
The town features some locally owned businesses such as Nesbitt's Store, an old-fashioned general store that has been in business since 1895, and Weston Coffee Roasters, a popular coffee house started by two local entrepreneurs. There are also several restaurants such as Pine Tree Restaurant & Pub and Fishermen’s Grill that offer fresh seafood dishes and other local favorites.
Weston has an unemployment rate of 2.5%. The US average is 6.0%.
Weston has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Weston
- The Sales Tax Rate for Weston is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Weston 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 Weston
- The average income of a Weston resident is $26,873 a year. The US average is $37,638 a year.
- The Median household income of a Weston resident is $50,417 a year. The US average is $69,021 a year.