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Bailey Island, ME 04003 has a population of approximately 359 and experiences a population change rate of -14.52%. The population density is 344.9 / sq mi .
The median value of a home in Bailey Island, ME 04003 is $658,900 with an appreciation rate of 16.20%. 22.61% of housing in the state is owned while 5.85% is rented.
The cost of living in Bailey Island, ME 04003 is 178.5 %.
The unemployment rate in Bailey Island, ME 04003 is 1.90%, and recent job growth is at 1.08%. Future job growth is projected at 37.25%.
The sales tax rate in Bailey Island, ME 04003 is 5.50%, while the income tax rate is 7.15% .
School expenditures in Bailey Island, ME 04003 are $17,788, and the school ratio is 11.4:1.
The average high temperature in July is 78.1 degrees, with an average low temperature in January of 11.5 degrees. The average rainfall is approximately 48.8 inches per year, with 62 inches of snow per year.