Waldo County, ME is a great place to call home. Its rural setting provides respite from the hustle and bustle of a busy city, while still being close enough to access modern amenities. The cost of living in Waldo County is quite affordable. 2 bedroom rent averages $1,140 per month - lower than the national average of $1,430 per month. Grocery costs are also significantly lower indexing at 107 versus 100 in the US. Local businesses in Waldo County include the Seacoast Motel & Bar Harbor Inn, Northern Lights Blueberry Company and Circle K Farms Inc. All provide excellent services or products and help to make Waldo County an attractive place to live.
Waldo County has an unemployment rate of 5.5%. The US average is 6.0%.
Waldo County has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 34.9%, which is higher than the US average of 33.5%.
Tax Rates for Waldo County
- The Sales Tax Rate for Waldo County is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Waldo County 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 Waldo County
- The average income of a Waldo County resident is $32,966 a year. The US average is $37,638 a year.
- The Median household income of a Waldo County resident is $59,880 a year. The US average is $69,021 a year.