The small town of 04419 Carmel, ME is an excellent place to live for those seeking a slower pace of life and lower cost of living. The average two-bedroom rent in this area is only $1,320 - much lower than the US average at $1,430. The grocery cost index here is also quite low at 105 compared to the national average at 100. Local businesses in this area include classics such as Tremblay's Market, Harrington's Bakery & Donut Shop and Carmel Country Store. Prices in these stores tend to be more affordable than their counterparts in other areas. For instance, a gallon of milk might cost around $2.50 whereas it would be closer to $4 or more elsewhere. Overall, 04419 Carmel is a great place to live due to its lower costs and charming local businesses.
Carmel (zip 04419) has an unemployment rate of 5.3%. The US average is 6.0%.
Carmel (zip 04419) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.
Tax Rates for Carmel (zip 04419)
- The Sales Tax Rate for Carmel (zip 04419) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Carmel (zip 04419) 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 Carmel (zip 04419)
- The average income of a Carmel (zip 04419) resident is $34,075 a year. The US average is $37,638 a year.
- The Median household income of a Carmel (zip 04419) resident is $86,623 a year. The US average is $69,021 a year.