Owls Head, ME is an idyllic small town located on the stunning coast of Maine. It is a great place for families looking to settle down or retire as it has a low cost of living compared to the national average. The median two-bedroom rent in Owls Head is only $1,070 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Owls Head is 111 versus 100 in the US; making groceries cheaper here too. The local economy is driven by a variety of unique small businesses such as the Owls Head General Store which sells delicious homemade treats and offers many services like bike rentals and post office boxes. Another popular business in town is the ‘Cajun Café’ which serves up authentic cajun style dishes that are sure to please everyone’s taste buds!
Owls Head has an unemployment rate of 5.2%. The US average is 6.0%.
Owls Head 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 Owls Head
- The Sales Tax Rate for Owls Head is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Owls Head 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 Owls Head
- The average income of a Owls Head resident is $29,799 a year. The US average is $28,555 a year.
- The Median household income of a Owls Head resident is $69,167 a year. The US average is $69,021 a year.