Carrabassett Valley, ME is a beautiful town known for its ski resorts and outdoor activities. The Cost of Living Index in Carrabassett Valley is 8% higher than the national US average, making it an expensive place to live. However, the 2 Bedroom Rent in Carrabassett Valley is much lower than the national average at $930 compared to $1,430 throughout the US. This makes it a great location for those looking for affordable rent while still being able to enjoy outdoor activities like skiing and mountain biking. Local companies like Sugarloaf Ski Resort and Bigelow Brewing Company are popular attractions that offer unique experiences and amenities to locals and visitors alike. Overall, Carrabassett Valley offers beautiful scenery and lots of ways to explore nature, all at an affordable cost of living.
Carrabassett Valley has an unemployment rate of 1.6%. The US average is 6.0%.
Carrabassett Valley has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Carrabassett Valley
- The Sales Tax Rate for Carrabassett Valley is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Carrabassett Valley 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 Carrabassett Valley
- The average income of a Carrabassett Valley resident is $68,432 a year. The US average is $37,638 a year.
- The Median household income of a Carrabassett Valley resident is $54,959 a year. The US average is $69,021 a year.