Lee, ME is a small town located in Waldo county. It is known for its rural splendor and close-knit community feel. The cost of living in Lee is lower than the national average which makes it an attractive option for those looking to save money. For example, the 2 bedroom rent in Lee averages $1,070 as opposed to the US average of $1,430. Furthermore, grocery costs index at 102 versus 100 in the US. This means groceries are slightly more expensive in Lee on average.
Lee has many local businesses such as Tractor Supply Co., North Country Smokehouse, Forest Grove Farms LLC and Camp Ellis Beach Store & Take Out. These businesses provide locals with a variety of goods and services that they may not be able to find elsewhere. With a relatively low cost of living accompanied by locally owned businesses and plenty of outdoor activities to explore, Lee is an ideal place to live for those who prefer a more relaxed environment.
Lee has an unemployment rate of 10.8%. The US average is 6.0%.
Lee has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.
Tax Rates for Lee
- The Sales Tax Rate for Lee is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Lee 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 Lee
- The average income of a Lee resident is $20,815 a year. The US average is $37,638 a year.
- The Median household income of a Lee resident is $41,316 a year. The US average is $69,021 a year.