Deer Isle, ME is a small town with stunning views of the ocean. It has a population of around 1,600 people and is known for its beautiful natural environment and low cost of living. The average 2 bedroom rent in Deer Isle is $1,020, cheaper than the US average at $1,430. The grocery stores in Deer Isle also have a lower cost index at 110 compared to the US base rate of 100. Local companies include Sea-Vu South Campground & Marina, Carvers Harbor Market, and Haystack Lobster Pound. As well as offering a great place to relax and enjoy nature, Deer Isle has excellent employment opportunities thanks to these businesses.
Deer Isle has an unemployment rate of 6.7%. The US average is 6.0%.
Deer Isle 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 Deer Isle
- The Sales Tax Rate for Deer Isle is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Deer Isle 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 Deer Isle
- The average income of a Deer Isle resident is $29,732 a year. The US average is $28,555 a year.
- The Median household income of a Deer Isle resident is $58,250 a year. The US average is $69,021 a year.