Sangerville, ME is a small town with a population of 1,723, located in Penobscot County. It is known for being surrounded by several lakes and rivers which makes it an ideal location for outdoor activities. Due to its convenient location, Sangerville's housing market is quite affordable relative to the US average. The median two-bedroom rent price is $860 whereas the US two bedroom rent price is $1430. Grocery Cost Index in Sangerville is 105 versus 100 in the US; therefore, groceries are slightly more expensive than the national average. In addition to its affordable housing landscape, there are also many local businesses that contribute to the strong economy of Sangerville. Some of these companies include Bangor Savings Bank, Fair Trade Coffee & Tea Company, Sappi Fine Paper North America Factory and Millinocket Regional Hospital.
Sangerville has an unemployment rate of 11.2%. The US average is 6.0%.
Sangerville has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Sangerville
- The Sales Tax Rate for Sangerville is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Sangerville 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 Sangerville
- The average income of a Sangerville resident is $19,148 a year. The US average is $28,555 a year.
- The Median household income of a Sangerville resident is $40,375 a year. The US average is $69,021 a year.