Zip 04653 (Bass Harbor, ME) Economy


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United States / Maine / No Metro Area / Hancock County / No City / Bass Harbor (zip 04653)
Bass Harbor, Maine (04653) is a small coastal town located on the west side of Mount Desert Island. Bass Harbor is home to many locally-owned businesses such as Bass Harbor Market, Bess' Lobster Pier Restaurant, and Beal's Lobster Pound. The cost of living in Bass Harbor compared to the U.S. average is quite low; the 2 bedroom rental rate here is roughly $1,060 which is significantly lower than the national average which stands at around $1,430. Additionally, grocery costs are also lower in Bass Harbor with an index rating of 114 compared to 100 in the US. Therefore, living in Bass Harbor can be more affordable for those looking for a quiet coastal town experience in Maine.

Bass Harbor (zip 04653) has an unemployment rate of 7.0%. The US average is 6.0%.

Bass Harbor (zip 04653) 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 Bass Harbor (zip 04653)
- The Sales Tax Rate for Bass Harbor (zip 04653) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Bass Harbor (zip 04653) 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 Bass Harbor (zip 04653)
- The average income of a Bass Harbor (zip 04653) resident is $20,991 a year. The US average is $28,555 a year.
- The Median household income of a Bass Harbor (zip 04653) resident is $55,227 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBass Harbor, MaineUnited States
  76
  -7.9%-6.2%
  32.5%33.5%
  5.5%6.2%
  6.8%4.6%
  $29,847$37,638
  $55,227$69,021
  $75,729$85,028
  Population by Occupation
  11.3%1.2%
  0.0%0.5%
  7.7%6.8%
  0.0%10.0%
  0.0%2.5%
  13.3%11.0%
  2.6%4.8%
  0.0%0.8%
  1.5%1.9%
  3.1%4.7%
  0.8%1.9%
  15.9%7.6%
  0.0%0.1%
  0.0%4.2%
  4.9%9.3%
  11.8%14.0%
  8.7%2.1%
  10.3%7.0%
  8.2%4.8%
  0.0%4.7%
Health