Passadumkeag is a small town in Penobscot County, Maine. Located on the banks of the Penobscot River, it has a population of around 731 people. The 2 bedroom rent in Passadumkeag is significantly lower than the US average at $990 compared to $1,430. Grocery costs are also cheaper than on average with an index of 102 compared to the US average of 100. There are several companies based in Passadumkeag including Barker Mill Estates LLC, Broadway Auto Service & Towing, and Maine Design Property Maintenance Inc. It is a great place to live with its low cost of living and thriving local businesses.
Passadumkeag has an unemployment rate of 3.2%. The US average is 6.0%.
Passadumkeag 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 Passadumkeag
- The Sales Tax Rate for Passadumkeag is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Passadumkeag 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 Passadumkeag
- The average income of a Passadumkeag resident is $17,931 a year. The US average is $28,555 a year.
- The Median household income of a Passadumkeag resident is $43,750 a year. The US average is $69,021 a year.