North Haven, ME Economy


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United States / Maine / No Metro Area / Knox County / North Haven / Zip Codes
North Haven, ME is a small coastal town located in the mid-coast of Maine. It is home to many vibrant businesses such as North Haven General Store, The Fishbowl Cafe, and North Haven Grocery. Despite being a small town with a population of only 1,400 people, North Haven has plenty to offer its residents. Not only is the average 2 bedroom rent in North Haven significantly more affordable than the US average ($1080 compared to $1430), but cost of living in general is also cheaper due to lower grocery prices (index of 111). This makes it an ideal place for families who want to live near the coast without spending too much money.

North Haven has an unemployment rate of 1.5%. The US average is 6.0%.

North Haven 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 31.7%, which is lower than the US average of 33.5%.

Tax Rates for North Haven
- The Sales Tax Rate for North Haven is 5.5%. The US average is 7.3%.
- The Income Tax Rate for North Haven 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 North Haven
- The average income of a North Haven resident is $35,087 a year. The US average is $28,555 a year.
- The Median household income of a North Haven resident is $77,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Haven, MaineUnited States
  1.56
  -7.1%-6.2%
  31.7%33.5%
  5.5%6.2%
  6.8%4.6%
  $41,319$37,638
  $77,500$69,021
  $76,250$85,028
  Population by Occupation
  11.8%1.2%
  0.0%0.5%
  27.1%6.8%
  3.5%10.0%
  0.0%2.5%
  2.7%11.0%
  5.9%4.8%
  0.0%0.8%
  1.2%1.9%
  1.2%4.7%
  2.4%1.9%
  2.7%7.6%
  0.0%0.1%
  3.9%4.2%
  6.7%9.3%
  7.5%14.0%
  4.3%2.1%
  9.0%7.0%
  4.3%4.8%
  5.9%4.7%
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