East Millinocket, ME is a small town located in Penobscot County with a population of 1,640 according to the 2019 census. It is a quiet town that is known for its serene atmosphere and scenic views. The cost of living in East Millinocket is much lower than the US average, with two-bedroom rents being $980 versus the US average of $1,430. Grocery costs are also lower than the US average, as reflected in their Index score of 100. Major employers in East Millinocket include Great Northern Paper Company LLC and Eastmill Youth Sports. There are several smaller businesses like restaurants and retailers that provide services to locals and visitors alike.
East Millinocket has an unemployment rate of 5.3%. The US average is 6.0%.
East Millinocket has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.
Tax Rates for East Millinocket
- The Sales Tax Rate for East Millinocket is 5.5%. The US average is 7.3%.
- The Income Tax Rate for East Millinocket 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 East Millinocket
- The average income of a East Millinocket resident is $25,401 a year. The US average is $37,638 a year.
- The Median household income of a East Millinocket resident is $40,875 a year. The US average is $69,021 a year.