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Millinocket, Maine 0 Reviews | Leave a Comment  Add Favorite




Pros

-Outdoor recreation
-Attractive setting
-Nearby university

Cons

-Low job growth
-Isolation
-Harsh winters


What Bert Has To Say About Bangor Metro Area


Bangor is the gateway to the “north country” and a fairly prosperous lumber, paper, and shipping center and the navigable terminus of the Penobscot River in east-central Maine. The areas to the north are wooded wilderness. The rugged shore area is 30 miles to the south, and the “Down East” coast to the northeast is a vast, unpopulated area of classic New England coastline with fishing and other recreational sites. Acadia National Park is on an island 40 miles to the south. Old Town, on a river island 10 miles north, is home to the University of Maine and the Old Town Canoe Company, a business befitting to the area.



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Highlights



Quick Facts About Millinocket


    ECONOMY
    The unemployment rate in Millinocket is 4.30 percent(U.S. avg. is 5.20%). Recent job growth is Negative. Millinocket jobs have Decreased by 1.57 percent.
    COST OF LIVING
    Compared to the rest of the country, Millinocket's cost of living is 14.50% Lower than the U.S. average.
    POPULATION
    As of 2014, Millinocket's population is 4,359 people. Since 2000, it has had a population growth of -37.34 percent.
    TRANSPORTATION
    Average Commute time is 24 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Millinocket is $71,750. Home appreciation the last year has been -5.06 percent.
    SCHOOLS
    Millinocket public schools spend $14,649 per student. The average school expenditure in the U.S. is $12,383. There are about 11.8 students per teacher in Millinocket.

Best Places to Live in Millinocket, Maine



Millinocket Housing Market


It's not a good time to buy in Millinocket. Home Appreciation is down -5.1% in the last 12 months. Browse Millinocket Real Estate.
The median home price in Millinocket is $71,750. Browse Homes in this Range.
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