Zip 04860 (Tenants Harbor, ME) Economy


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United States / Maine / No Metro Area / Knox County / No City / Tenants Harbor (zip 04860)
Tenants Harbor, Maine (04860) is a coastal town in Knox County with stunning views of Penobscot Bay. The average two bedroom rent in Tenants Harbor is $1,090, which is much lower than the national average of $1,430. As this town is located close to the coast, residents enjoy access to various outdoor activities such as kayaking and fishing. Grocery costs are also lower than the US average index at 110 versus 100 nationally.
Local businesses and services include: Tenants Harbor Market for groceries, Captain Joe's Lobster Pound for fresh seafood, Captain Fish & Chips for classic New England cuisine, Tenants Harbor Shipyard for boat repair and maintenance services, and Great Salt Bay Campground for family camping trips.

Tenants Harbor (zip 04860) has an unemployment rate of 5.6%. The US average is 6.0%.

Tenants Harbor (zip 04860) 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 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Tenants Harbor (zip 04860)
- The Sales Tax Rate for Tenants Harbor (zip 04860) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Tenants Harbor (zip 04860) 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 Tenants Harbor (zip 04860)
- The average income of a Tenants Harbor (zip 04860) resident is $31,987 a year. The US average is $28,555 a year.
- The Median household income of a Tenants Harbor (zip 04860) resident is $40,703 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTenants Harbor, MaineUnited States
  5.66
  -7.1%-6.2%
  31.7%33.5%
  5.5%6.2%
  6.8%4.6%
  $33,826$37,638
  $40,703$69,021
  $64,018$85,028
  Population by Occupation
  16.4%1.2%
  0.0%0.5%
  5.3%6.8%
  2.4%10.0%
  3.6%2.5%
  8.9%11.0%
  6.3%4.8%
  0.0%0.8%
  3.4%1.9%
  2.0%4.7%
  0.0%1.9%
  1.0%7.6%
  0.0%0.1%
  8.5%4.2%
  0.0%9.3%
  17.1%14.0%
  1.4%2.1%
  10.9%7.0%
  0.0%4.8%
  12.8%4.7%
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