Bar Harbor, ME is an idyllic seaside town located in Hancock County. It is known for its stunning coastline and warm summers, making it a popular destination for tourists and locals alike. The 2 bedroom rent in Bar Harbor is relatively lower than the national average, making it an attractive spot to settle down. Additionally, the grocery cost index is 13 points higher than the US average due to local businesses who offer fresh seafood and other goods. Some of the notable companies located in Bar Harbor are Bar Harbor Whale Watch Co., Maine Lobster Tours, and Downeast Adventure Cruises. These businesses provide unique experiences to visitors that will create lasting memories.
Bar Harbor has an unemployment rate of 7.0%. The US average is 6.0%.
Bar Harbor has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Bar Harbor
- The Sales Tax Rate for Bar Harbor is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Bar Harbor 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 Bar Harbor
- The average income of a Bar Harbor resident is $30,601 a year. The US average is $28,555 a year.
- The Median household income of a Bar Harbor resident is $71,900 a year. The US average is $69,021 a year.