Zip 04625 (Cranberry Isles, ME) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Maine / No Metro Area / Hancock County / No City / Cranberry Isles (zip 04625)
04625 Cranberry Isles, ME is an idyllic place to call home. This small community of about 135 people is located off the coast of Maine and consists of four islands: Great Cranberry Island, Little Cranberry Island, Sutton Island, and Baker Island. Renting a two bedroom here costs around $1,250 a month and the Grocery Cost Index is at 112 versus 100 in the US.
Living in 04625 Cranberry Isles offers residents an array of activities to enjoy such as exploring Acadia National Park or spending time kayaking around the islands. The boat launch located on Great Cranberry Island provides transportation to other islands in the area. Great Cranberry Island also has a seasonal grocery store and a gift shop owned by local businesses. There are also several art galleries featuring works from local artists as well as cafés and restaurants for tasty food options. Visitors and locals alike can relish in stunning views of nature with unique animal sightings such as puffins or whales nearby. 04625 Cranberry Isles is truly an unforgettable place to call home!

Cranberry Isles (zip 04625) has an unemployment rate of 7.0%. The US average is 6.0%.

Cranberry Isles (zip 04625) 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 Cranberry Isles (zip 04625)
- The Sales Tax Rate for Cranberry Isles (zip 04625) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cranberry Isles (zip 04625) 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 Cranberry Isles (zip 04625)
- The average income of a Cranberry Isles (zip 04625) resident is $27,711 a year. The US average is $28,555 a year.
- The Median household income of a Cranberry Isles (zip 04625) resident is $48,214 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCranberry Isles, MaineUnited States
  76
  -7.9%-6.2%
  32.5%33.5%
  5.5%6.2%
  6.8%4.6%
  $53,965$37,638
  $48,214$69,021
Family Median Income 85028
Health