Eastport, ME is a small but bustling coastal town located in Washington County along the Passamaquoddy Bay. This small port town boasts a tight-knit community of just over 1,700 residents. Despite its size, Eastport has great economic opportunities for those looking to settle down and work. Local companies include Downeast Lobster Company, the Eastport Fishing Coop, and the Eastport Refinery. Wages in Eastport are slightly lower compared to the rest of the United States; for instance, 2 bedroom rent is around $900 versus $1,430 nationally while grocery costs are about 5% higher than the national average. Despite this cost discrepancy, locals feel that living in Eastport is worth it due to its close-knit population and stunning views of the bay.
Eastport has an unemployment rate of 10.5%. The US average is 6.0%.
Eastport has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Eastport
- The Sales Tax Rate for Eastport is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Eastport 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 Eastport
- The average income of a Eastport resident is $22,640 a year. The US average is $28,555 a year.
- The Median household income of a Eastport resident is $39,375 a year. The US average is $69,021 a year.