Zip 04017 (Chebeague Island, ME) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Maine / Portland-South Portland Metro Area / Cumberland County / No City / Chebeague Island (zip 04017)
The charming town of Chebeague Island, ME (04017) offers a unique coastal lifestyle. The two bedroom rental rate for the area is $1,950 compared to $1,430 for the US. With a grocery cost index of 115 versus 100 in the US, living on Chebeague Island is more expensive than other parts of America. However, there are plenty of local companies and services in the area to make life comfortable and convenient. These include stores like Chebeague Island General Store and Tansy’s Kitchen, as well as services including Chebeague Transportation Company Inc. that provide ferry rides to and from the island. There are also places such as South Congregational Church and Littlefield Memorial Library where you can find educational activities and social events.

Chebeague Island (zip 04017) has an unemployment rate of 4.5%. The US average is 6.0%.

Chebeague Island (zip 04017) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.

Tax Rates for Chebeague Island (zip 04017)
- The Sales Tax Rate for Chebeague Island (zip 04017) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Chebeague Island (zip 04017) 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 Chebeague Island (zip 04017)
- The average income of a Chebeague Island (zip 04017) resident is $45,391 a year. The US average is $28,555 a year.
- The Median household income of a Chebeague Island (zip 04017) resident is $54,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChebeague Island, MaineUnited States
  4.56
  -6.0%-6.2%
  40.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $47,247$37,638
  $54,375$69,021
  $87,500$85,028
  Population by Occupation
  9.6%1.2%
  0.0%0.5%
  5.7%6.8%
  4.2%10.0%
  2.7%2.5%
  4.6%11.0%
  5.7%4.8%
  0.0%0.8%
  0.8%1.9%
  0.8%4.7%
  1.1%1.9%
  7.7%7.6%
  0.0%0.1%
  1.5%4.2%
  10.7%9.3%
  5.4%14.0%
  5.0%2.1%
  6.9%7.0%
  22.6%4.8%
  5.0%4.7%
Health