Cranberry Isles, ME is a beautiful coastal town located off the coast of Maine. The town is known for its stunning scenery and vibrant culture. Its population size is relatively small, making it an ideal destination for those looking to escape to a cozy retreat away from the hustle and bustle of more densely populated areas. Local companies in Cranberry Isles, ME include a small market, general store, and several seafood restaurants. Tourists can also take advantage of attractions such as the local lighthouse, historic churches, kayak tours, whale watching cruises, and many other outdoor activities. Additionally, housing cost in Cranberry Isles is appreciably lower than elsewhere in the US with two-bedroom rents averaging $1,240 compared to $1,430 nationally while grocery costs are slightly higher at 114 versus 100 in the US index.
Cranberry Isles has an unemployment rate of 4.5%. The US average is 6.0%.
Cranberry Isles has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Cranberry Isles
- The Sales Tax Rate for Cranberry Isles is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cranberry Isles 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 Cranberry Isles
- The average income of a Cranberry Isles resident is $28,883 a year. The US average is $28,555 a year.
- The Median household income of a Cranberry Isles resident is $58,750 a year. The US average is $69,021 a year.