The small town of Fort Kent, Maine (04743) is a great place to live due to its affordable cost of living. The average rent for a two bedroom apartment in Fort Kent is $870, which is significantly lower than the US national average of $1,430. Additionally, the grocery cost index in Fort Kent is 106 versus 100 in the US. This means that grocery prices are slightly higher in Fort Kent, however still very affordable.
Fort Kent is home to several local companies such as Dufour's Family Market, Northern Maine Auto Supply, and TV Cable Company Inc., all of which have been around since the early 1990s. These businesses offer locals anything from groceries and automotive parts to cable television services. Whether you're looking for a new place to call home or already live in Fort Kent, you can be sure that living there will be easy on your wallet!
Fort Kent (zip 04743) has an unemployment rate of 5.9%. The US average is 6.0%.
Fort Kent (zip 04743) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Fort Kent (zip 04743)
- The Sales Tax Rate for Fort Kent (zip 04743) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Fort Kent (zip 04743) 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 Fort Kent (zip 04743)
- The average income of a Fort Kent (zip 04743) resident is $37,842 a year. The US average is $37,638 a year.
- The Median household income of a Fort Kent (zip 04743) resident is $54,105 a year. The US average is $69,021 a year.