Castle Hill, Maine is a small town located in Knox County near the Atlantic Ocean. It is home to only a few hundred people, making it an ideal small-town destination for those looking for a quiet lifestyle. Local companies include Antietam Brewery, Sea Salt Lobster & Seafood Market, and The Wild Iris Florist & Gifts. Despite its small population, Castle Hill has a surprisingly low cost of living compared to other parts of the U.S. Average two bedroom rent prices are only $850 compared to the national average of $1,430 while local grocery price indices are 106 versus 100 nationally. Overall, Castle Hill is an excellent place to live with an affordable cost of living that makes it attractive for those looking for a peaceful atmosphere without breaking the bank.
Castle Hill has an unemployment rate of 5.0%. The US average is 6.0%.
Castle Hill has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Castle Hill
- The Sales Tax Rate for Castle Hill is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Castle Hill 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 Castle Hill
- The average income of a Castle Hill resident is $19,297 a year. The US average is $28,555 a year.
- The Median household income of a Castle Hill resident is $53,523 a year. The US average is $69,021 a year.