Kenduskeag, ME Economy


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Kenduskeag, ME is a small community located in Penobscot County. It is known for its beautiful rural landscapes and charming atmosphere. The cost of living in Kenduskeag is quite affordable as two bedroom rental costs come in at around $1,120 which is significantly lower than the US average of $1,430. Grocery costs index also comes in at 105 versus the US average of 100 indicating that food products are slightly more expensive compared to other places.
Kenduskeag offers a number of local businesses including Cornerstone Market & Café, Caron's Music Center, and Whitehouse Hardware Store. Each business provides something unique to the town such as breakfast options from Cornerstone Market & Café, music lessons from Caron’s Music Center, and hardware supplies from Whitehouse Hardware Store. In conclusion, Kenduskeag offers a low-cost lifestyle with access to many local businesses that provide necessary services to the community.

Kenduskeag has an unemployment rate of 7.1%. The US average is 6.0%.

Kenduskeag 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 Kenduskeag
- The Sales Tax Rate for Kenduskeag is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Kenduskeag 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 Kenduskeag
- The average income of a Kenduskeag resident is $24,634 a year. The US average is $28,555 a year.
- The Median household income of a Kenduskeag resident is $68,869 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKenduskeag, MaineUnited States
  7.16
  -5.3%-6.2%
  26.6%33.5%
  5.5%6.2%
  6.8%4.6%
  $28,657$37,638
  $68,869$69,021
  $71,897$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  8.8%6.8%
  8.0%10.0%
  0.8%2.5%
  16.9%11.0%
  3.5%4.8%
  1.1%0.8%
  0.4%1.9%
  1.6%4.7%
  1.5%1.9%
  4.8%7.6%
  0.0%0.1%
  3.5%4.2%
  10.3%9.3%
  20.8%14.0%
  1.7%2.1%
  3.9%7.0%
  8.3%4.8%
  1.5%4.7%
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