Caratunk, ME (04925) is a small town in western Maine with a population of just over 200 people. It's a great location located near the Appalachian Trail and along the Kennebec River. The 2 Bedroom Rent here is $1,380 which is slightly lower than the US average of $1,430. When it comes to groceries, Caratunk has an index of 106 meaning it costs 6 percent more for basic necessities than what they would cost in most parts of the United States.
In terms of services available in Caratunk, there are several local companies offering a variety of options. For example, there are stores such as Caratunk General Store and Country Store that provide general merchandise for locals and visitors alike; restaurants like Mike’s Place and The Red Lion provide delicious options; and The Caratunk Campground gives visitors access to outdoor activities. In addition, there are a few small repair shops like John’s Automotive and Ace Auto Repair that offer services for all types of vehicles.
Caratunk (zip 04925) has an unemployment rate of 6.9%. The US average is 6.0%.
Caratunk (zip 04925) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Caratunk (zip 04925)
- The Sales Tax Rate for Caratunk (zip 04925) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Caratunk (zip 04925) 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 Caratunk (zip 04925)
- The average income of a Caratunk (zip 04925) resident is $66,548 a year. The US average is $37,638 a year.
- The Median household income of a Caratunk (zip 04925) resident is $117,917 a year. The US average is $69,021 a year.