Orrs Island, ME (04066) is a small island community on the coast of Maine. It has a population of approximately 900 people, and is located near Brunswick and Harpswell. The average rent for a two-bedroom apartment in Orrs Island is $1,510 per month, while the national average rent for two-bedrooms is $1,430. The grocery cost index in Orrs Island is 115 compared to 100 nationally.
The economy of Orrs Island revolves around fishing and its beautiful beaches. There are several local businesses on the island including O’Hara Lobster Co., which offers fresh seafood from their lobster boats; Dowse & Sons Boatyard provides boat repair services; and Prescott’s Dock provides boat rentals for visitors and locals alike. In addition to these local companies, there are numerous small shops that sell souvenirs, clothing items, snacks, and other products catering to tourists who come to visit the beautiful scenery of Orrs Island.
Orrs Island (zip 04066) has an unemployment rate of 4.5%. The US average is 6.0%.
Orrs Island (zip 04066) 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 Orrs Island (zip 04066)
- The Sales Tax Rate for Orrs Island (zip 04066) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Orrs Island (zip 04066) 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 Orrs Island (zip 04066)
- The average income of a Orrs Island (zip 04066) resident is $51,467 a year. The US average is $28,555 a year.
- The Median household income of a Orrs Island (zip 04066) resident is $111,435 a year. The US average is $69,021 a year.