Islesboro, Maine (04848) is a small town located on an island off the coast of Maine. It's population is estimated to be around 700 people, making it a great place to settle down and enjoy the peace and quiet. The two bedroom rent in Islesboro is relatively low at $940 compared to the US average of $1,430. Grocery costs are also lower than average with an index score of 114 versus 100 in the US.
Islesboro provides plenty of local businesses for its residents such as Addison Wickman Studio Arts, Bunting's Store & Deli, and Payson’s Painting & Repairs. These businesses provide locals with all they need from art supplies to groceries and handyman services. With grocery costs and rent being so affordable in Islesboro, it's no surprise that many people have chosen this small town as their home due to its overall low cost of living.
Islesboro (zip 04848) has an unemployment rate of 5.5%. The US average is 6.0%.
Islesboro (zip 04848) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 34.9%, which is higher than the US average of 33.5%.
Tax Rates for Islesboro (zip 04848)
- The Sales Tax Rate for Islesboro (zip 04848) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Islesboro (zip 04848) 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 Islesboro (zip 04848)
- The average income of a Islesboro (zip 04848) resident is $46,438 a year. The US average is $37,638 a year.
- The Median household income of a Islesboro (zip 04848) resident is $67,813 a year. The US average is $69,021 a year.