Knox, ME County is a great place to live, with its beautiful natural setting and friendly people. The cost of living in Knox, ME County is quite affordable. An average two-bedroom rental costs $1,100 compared to the US average of $1,430. The Grocery Cost Index in Knox is 109 versus a national level of 100. This means that grocery prices are slightly higher than the national average but overall the cost of living in Knox remains lower than most areas across the United States. \nKnox has many great companies that call it home including Mainely Soap & Candle Co., Parcel's Pub and Grille, Cellar Door Winery & Craft Beer and Penobscot Bay Yacht Charters & Cruises. Each business offers something different to locals as well as visitors to the area. With its low cost of living and variety of businesses, Knox makes for an ideal spot to work and live!
Knox County has an unemployment rate of 5.6%. The US average is 6.0%.
Knox County has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Knox County
- The Sales Tax Rate for Knox County is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Knox 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 Knox County
- The average income of a Knox County resident is $37,134 a year. The US average is $37,638 a year.
- The Median household income of a Knox County resident is $63,399 a year. The US average is $69,021 a year.