Holden, Maine is a small town located in Penobscot County. It has an estimated population of 1,233 people as of 2019. The cost of living in Holden is quite affordable compared to other parts of Maine and the country; the average two bedroom rent is $1,130 per month versus the US average of $1,430 and its Grocery Cost Index is 106 compared to 100 in the US.
Holden is home to several local businesses including Lily’s Market & Deli Inc., Treeline Construction LLC, and A&R Repair Services. These companies provide job opportunities for Holden residents and help contribute to economic growth within the town. All in all, Holden provides a comfortable and affordable lifestyle for its locals.
Holden has an unemployment rate of 4.7%. The US average is 6.0%.
Holden has seen the job market decrease by -0.4% 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 Holden
- The Sales Tax Rate for Holden is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Holden 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 Holden
- The average income of a Holden resident is $28,004 a year. The US average is $28,555 a year.
- The Median household income of a Holden resident is $80,287 a year. The US average is $69,021 a year.