Casco, ME is a small town with a population of 4,380. It is located in Cumberland County and has the unique distinction of being the first land incorporated as part of Maine. Residents of Casco enjoy a high quality of life due to the affordability of 2 bedroom rent at $1,610 per month compared to the US average of $1,430, and the Grocery Cost Index in Casco is 108 versus 100 in the US.
Local businesses include Country Corner Store which is a family-owned convenience store; Days Market which provides an excellent selection of fresh fruits and vegetables; and Casco Shopping Center which includes Target, Kohl's, Chili's Grill & Bar and more. Visitors to Casco can also explore attractions such as Sebago Lake State Park for outdoor activities like camping, fishing, swimming and boating; Eagles' Nest Farm for horseback riding lessons; or Brewster's Coffee for some delicious coffee roasted on-site from local beans.
Casco has an unemployment rate of 5.2%. The US average is 6.0%.
Casco has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.
Tax Rates for Casco
- The Sales Tax Rate for Casco is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Casco 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 Casco
- The average income of a Casco resident is $36,484 a year. The US average is $37,638 a year.
- The Median household income of a Casco resident is $56,731 a year. The US average is $69,021 a year.