Beals, ME is a small town located on the coast of Maine. It is known for its beautiful harbor views and quaint shops. The cost of renting a two bedroom apartment in Beals is significantly lower than the national average, at $1,050 compared to $1,430. Additionally, grocery items in Beals have a slightly higher cost index than the United States overall with 107 compared to 100. Some well-known companies in Beals include Down East Lobster Co., which has been family-owned since 1950, as well as Mariner's Food Market and Berwick Gas & Oil. Other local businesses include Black Bear Coffee Co., Boca’s Pizza Barn, and Good Tidings Gifts. Beals offers some great recreational activities such as whale watching tours and kayaking on Cobscook Bay or nearby rivers. Nature lovers can also explore Moosehorn National Wildlife Refuge or Cobscook State Park when visiting the area.
Beals has an unemployment rate of 2.4%. The US average is 6.0%.
Beals has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Beals
- The Sales Tax Rate for Beals is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Beals 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 Beals
- The average income of a Beals resident is $26,322 a year. The US average is $28,555 a year.
- The Median household income of a Beals resident is $53,750 a year. The US average is $69,021 a year.