Lamoine, ME is a small coastal town located in Hancock County. It is known for its beautiful scenery and deep history. The population of Lamoine is estimated to be about 1,800 people. The town’s economy is mostly based on the tourism industry and retail businesses. Fishing and seafood harvesting are also important parts of the local economy. There are several locally owned stores and restaurants such as Lamoine General Store, Lamoine Beach Market & Café, and J & S Fish Market that serve both the residents of Lamoine and tourists visiting the area. The 2 bedroom rent in Lamoine is $1,040 compared with $1,430 in the US while grocery cost index in Lamoine stands at 106 versus 100 in America.
Lamoine has an unemployment rate of 5.9%. The US average is 6.0%.
Lamoine 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 Lamoine
- The Sales Tax Rate for Lamoine is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Lamoine 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 Lamoine
- The average income of a Lamoine resident is $32,935 a year. The US average is $28,555 a year.
- The Median household income of a Lamoine resident is $73,906 a year. The US average is $69,021 a year.