Zip 04421 (Castine, ME) Economy


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United States / Maine / No Metro Area / Hancock County / No City / Castine (zip 04421)
The town of Castine, ME (04421) is a picturesque coastal community located in Hancock County. It has a population of around 1,300 people and boasts a laid-back lifestyle with easy access to the ocean. The rent for a two bedroom apartment is $1,470, which is higher than the national average of $1,430. This is offset by a lower cost of living, with the Grocery Cost Index being 115 - 15 points higher than the US average.
Despite its small size, Castine offers several amenities for its residents, including several restaurants and cafes like Loubser's Bakery and Café and RopeMakers Pub & Eatery; shops such as Alder Creek Trading Company; and attractions like Fort George State Historic Site. There are also many outdoor activities available in the area such as sailing and fishing. For those who prefer indoors pursuits there are museums like Wilson Museum along with local theatre companies like Penobscot Theatre Company.

Castine (zip 04421) has an unemployment rate of 7.0%. The US average is 6.0%.

Castine (zip 04421) 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 Castine (zip 04421)
- The Sales Tax Rate for Castine (zip 04421) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Castine (zip 04421) 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 Castine (zip 04421)
- The average income of a Castine (zip 04421) resident is $21,847 a year. The US average is $28,555 a year.
- The Median household income of a Castine (zip 04421) resident is $85,556 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCastine, MaineUnited States
  76
  -7.9%-6.2%
  32.5%33.5%
  5.5%6.2%
  6.8%4.6%
  $26,930$37,638
  $85,556$69,021
  $91,875$85,028
  Population by Occupation
  0.0%1.2%
  1.6%0.5%
  4.7%6.8%
  3.3%10.0%
  0.0%2.5%
  10.5%11.0%
  3.7%4.8%
  0.0%0.8%
  0.0%1.9%
  5.1%4.7%
  2.3%1.9%
  1.6%7.6%
  0.0%0.1%
  0.0%4.2%
  31.1%9.3%
  14.8%14.0%
  8.2%2.1%
  8.2%7.0%
  1.0%4.8%
  3.9%4.7%
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