South Portland, ME is an affordable place to live for those looking to relocate. The average 2 Bedroom rent in South Portland is only $2,030 compared to the US at $1,430. In addition to cheaper rent, the grocery cost index in South Portland is 110 versus 100 in the US. There are many local companies that call this city home including Hannaford Supermarkets, Vanity Fair Outlet Store, and U-Haul Moving and Storage of Southern Maine. These companies are just a few of the many that contribute to South Portland's vibrant economy.
South Portland has an unemployment rate of 4.7%. The US average is 6.0%.
South Portland has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.
Tax Rates for South Portland
- The Sales Tax Rate for South Portland is 5.5%. The US average is 7.3%.
- The Income Tax Rate for South Portland is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for South Portland
- The average income of a South Portland resident is $42,822 a year. The US average is $37,638 a year.
- The Median household income of a South Portland resident is $73,899 a year. The US average is $69,021 a year.