Seal Cove, ME (04674) is located in the state of Maine on the Eastern coast of the United States. It is a small community with a population of just over 300 people. The cost of rent for a two bedroom apartment in Seal Cove is $1,060, significantly lower than the US average of $1,430. Additionally, it has a Grocery Cost Index of 112 compared to the 100 average across the US.
The economy in Seal Cove is largely supported by local businesses such as Downeast Trading Company which provides outdoor apparel and gear, as well as Bayview Gallery which sells locally made artwork and crafts. Acadia Tradewinds offers boat tours around Mount Desert Island and The Seabright Lobster Pound allows locals and visitors alike to purchase freshly caught lobster. These businesses contribute to the tight-knit community culture in Seal Cove making it an ideal place to live or visit.
Seal Cove (zip 04674) has an unemployment rate of 7.0%. The US average is 6.0%.
Seal Cove (zip 04674) has seen the job market decrease by -7.9% 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 Seal Cove (zip 04674)
- The Sales Tax Rate for Seal Cove (zip 04674) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Seal Cove (zip 04674) 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 Seal Cove (zip 04674)
- The average income of a Seal Cove (zip 04674) resident is $21,600 a year. The US average is $37,638 a year.
- The Median household income of a Seal Cove (zip 04674) resident is $46,625 a year. The US average is $69,021 a year.