Zip 04746 (Grand Isle, ME) Economy


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United States / Maine / No Metro Area / Aroostook County / No City / Grand Isle (zip 04746)
Grand Isle, ME is located in Maine and offers a great quality of life with affordable housing costs. The average 2 bedroom rent in Grand Isle is $750, which is significantly lower than the US average of $1,430. Additionally, grocery costs are slightly higher than the US index at 102 versus 100. This indicates that the overall cost of living in Grand Isle is lower than the US average. When researching local companies to get an idea of the cost of living in Grand Isle, it is important to look into businesses such as Main Street Market Place for groceries or Grand Isle Realty for real estate services. With these two resources, people can get an accurate understanding of what their costs may look like when living in Grand Isle.

Grand Isle (zip 04746) has an unemployment rate of 5.9%. The US average is 6.0%.

Grand Isle (zip 04746) has seen the job market decrease by -0.5% 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 Grand Isle (zip 04746)
- The Sales Tax Rate for Grand Isle (zip 04746) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Grand Isle (zip 04746) 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 Grand Isle (zip 04746)
- The average income of a Grand Isle (zip 04746) resident is $19,638 a year. The US average is $28,555 a year.
- The Median household income of a Grand Isle (zip 04746) resident is $31,339 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrand Isle, MaineUnited States
  5.96
  -4.9%-6.2%
  24.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $22,989$37,638
  $31,339$69,021
  $48,571$85,028
  Population by Occupation
  4.6%1.2%
  0.0%0.5%
  7.2%6.8%
  13.2%10.0%
  0.7%2.5%
  3.9%11.0%
  14.5%4.8%
  14.5%0.8%
  0.0%1.9%
  5.3%4.7%
  0.0%1.9%
  3.9%7.6%
  0.0%0.1%
  1.3%4.2%
  7.9%9.3%
  14.5%14.0%
  2.0%2.1%
  0.0%7.0%
  2.0%4.8%
  4.6%4.7%
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