Fort Kent, ME is a small city located in Aroostook County. It has a population of approximately 4,000 people and is known for its plentiful outdoor activities such as hiking, camping, fishing, snowmobiling and canoeing. The city also offers a variety of local businesses such as Hews & Son Inc., Sweet's Family Pharmacy, and Fort Kent Nursery & Garden Center. In terms of cost of living, rent for a two-bedroom apartment can be found for around $830 per month while the US average is nearly double at $1430 per month. Groceries are slightly more expensive than the US with an index score of 106 compared to 100 in the US. Overall, Fort Kent is an affordable place to live with plenty to do and many local establishments to explore.
Fort Kent has an unemployment rate of 5.9%. The US average is 6.0%.
Fort Kent has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Fort Kent
- The Sales Tax Rate for Fort Kent is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Fort Kent 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 Fort Kent
- The average income of a Fort Kent resident is $25,473 a year. The US average is $28,555 a year.
- The Median household income of a Fort Kent resident is $54,262 a year. The US average is $69,021 a year.