Carthage, ME is a small town located in Penobscot County. With a population of only around 500 people, it is a quiet and peaceful place. The rent for a 2-bedroom apartment in the area is quite affordable at $970 as opposed to the US average of $1,430. Additionally, the grocery cost index of 103 is slightly higher than the US average of 100.
The local economy in Carthage primarily consists of small businesses such as Ridgewood Farm LLC which offers fresh produce to local customers, Marshfield General Store which sells everything from groceries to household items, and J&S Country Store that provides delicious home-cooked meals. All three stores are popular spots for residents of Carthage and its surrounding areas.
Carthage has an unemployment rate of 14.3%. The US average is 6.0%.
Carthage has seen the job market decrease by -5.9% 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 Carthage
- The Sales Tax Rate for Carthage is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Carthage 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 Carthage
- The average income of a Carthage resident is $26,407 a year. The US average is $37,638 a year.
- The Median household income of a Carthage resident is $65,357 a year. The US average is $69,021 a year.