York, ME is a small town located in the southern part of Maine. It has a population of just over 11,000 people according to the most recent census. Despite its small size, it offers many amenities for residents and visitors alike. The cost of living here is much lower than both the US average and the average for many other towns in Maine. For example, 2 bedroom rent in York, ME is $1,830 per month while it's only $1,430 on average in the US. Similarly, Grocery Cost Index in York, ME is 114 versus 100 in the US.
York has several local businesses that serve as both employers and places to shop for locals. Examples of these include York Beach Variety Store which sells an array of gifts and souvenirs; Coastal Roasters Coffee House which serves freshly roasted coffee; Dawn's Flowers & Gifts which offers unique floral arrangements; and Toni & Guy Hair Salon which specializes in all styles of hair care services. These businesses all contribute to making York a pleasant place to live and visit.
York has an unemployment rate of 5.2%. The US average is 6.0%.
York has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 42.6%, which is higher than the US average of 33.5%.
Tax Rates for York
- The Sales Tax Rate for York is 5.5%. The US average is 7.3%.
- The Income Tax Rate for York 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 York
- The average income of a York resident is $56,130 a year. The US average is $37,638 a year.
- The Median household income of a York resident is $101,352 a year. The US average is $69,021 a year.