Hancock, ME County is a great place to live with reasonably priced rental costs and cost of living compared to the rest of the US. 2 bedroom rent in this area is about $1,040 while the average cost for the same in the US is $1,430. Similarly, grocery cost index in Hancock ME county stands at 111 compared to 100 nationally. Popular businesses in this county include Acadia Wind Energy, Cozy Harbor Seafoods Inc, Downeast Energy Corporation and Blue Hill Boatyard. Average salaries range from around $35k to upwards of $75k depending on the company and position held.
Hancock County has an unemployment rate of 7.0%. The US average is 6.0%.
Hancock County 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 Hancock County
- The Sales Tax Rate for Hancock County is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Hancock County 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 Hancock County
- The average income of a Hancock County resident is $28,077 a year. The US average is $28,555 a year.
- The Median household income of a Hancock County resident is $60,354 a year. The US average is $69,021 a year.