Sorrento, Maine (04677) is a charming coastal town nestled in the beautiful Down East region of the state. The cost of rent for a two-bedroom apartment in Sorrento is $1,020, which is slightly lower than the national average of $1,430. Additionally, groceries in Sorrento are 7% more expensive than the rest of the country. There are a multitude of local companies providing essential services to Sorrento's residents. An example of these businesses include: Downeast Lobster Co., which offers fresh seafood from their docks on Frenchman Bay; Narrows General Store, which is a local favorite for groceries and produce; and Brennan's Marine Services, which provides boat launching and repair services. Each business offers unique products or services to enrich the lives of those who live in this beautiful corner of Maine.
Sorrento (zip 04677) has an unemployment rate of 7.0%. The US average is 6.0%.
Sorrento (zip 04677) has seen the job market increase by 0.8% 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 Sorrento (zip 04677)
- The Sales Tax Rate for Sorrento (zip 04677) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Sorrento (zip 04677) 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 Sorrento (zip 04677)
- The average income of a Sorrento (zip 04677) resident is $31,140 a year. The US average is $28,555 a year.
- The Median household income of a Sorrento (zip 04677) resident is $72,734 a year. The US average is $69,021 a year.