Cape Neddick, ME (03902) is an affluent town located in York County, just three miles north of the city of York. The median two-bedroom rent here is $1,810, which is significantly higher than the US two bedroom rent of $1,430. Additionally, Cape Neddick’s Grocery Cost Index is 114 versus 100 in the US.
There are many local businesses and services in Cape Neddick that cater to visitors and locals alike. Examples include Nubble Light House Gift Shop, Shorty's Gourmet Pizza & Subs, and Kitteridge Inn. For outdoor attractions, there’s scenic mountain biking along the shoreline or fishing trips off Robinson Point. In addition to its natural beauty and convenience for visitors, locals enjoy a high quality of life with access to excellent restaurants and stores.
Cape Neddick (zip 03902) has an unemployment rate of 5.2%. The US average is 6.0%.
Cape Neddick (zip 03902) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 42.6%, which is higher than the US average of 33.5%.
Tax Rates for Cape Neddick (zip 03902)
- The Sales Tax Rate for Cape Neddick (zip 03902) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cape Neddick (zip 03902) 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 Cape Neddick (zip 03902)
- The average income of a Cape Neddick (zip 03902) resident is $40,802 a year. The US average is $28,555 a year.
- The Median household income of a Cape Neddick (zip 03902) resident is $97,250 a year. The US average is $69,021 a year.