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Bailey Island, ME Utility & Living Guide
Bailey Island is an island in Casco Bay, and a part of the town of Harpswell, in Cumberland County, Maine, United States. As of the 2020 census, Bailey Island had a year-round population of 363 people.
Monthly Utility Costs
$150/mo
—
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1100/mo |
| 2 Bedrooms | $1400/mo |
| 3 Bedrooms | $2000/mo |
| Median Home Price | $380,000 |
| Property Tax Rate | 1.15% |
| Avg Childcare/mo | $1200 |
The housing market in Bailey Island is competitive, with a mix of older and newer homes, and a strong demand for coastal properties. Rentals are scarce, and prices are rising. Homeowners can expect to pay around 1.15% of their home’s value in property taxes annually.
Cost of Living
108
+8% above national average
105
102
103
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.5% |
| Property Tax Rate | 1.15% |
| <p>State 5.5% + no county or city tax</p> | |
Maine has a progressive income tax system, with rates ranging from 5.2% to 7.95%
Family & Relocation
60
7.2/10
$1200/mo
City Pulse
Bailey Island has limited public transportation, but its small size and walkability make it accessible for families with strollers
- Land's End Gift Shop
- Bailey Island Library
- Wolfe's Neck Woods State Park
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Bailey Island based on your household profile.
📰 Live Local News
Bailey Island has strict zoning laws and environmental regulations to protect its natural resources and coastal character
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
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📊 Bailey Island — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Bailey Island fluctuate seasonally, with higher electricity bills in the summer due to air conditioning usage, and higher heating oil bills in the winter. However, the island's mild coastal climate helps mitigate extreme temperature fluctuations.
🏛️ Local Tax Details
The ZIP code 04003 has a property tax millage rate of 15.5, with no local surtaxes
👶 Family & Stroller Friendliness
8/10, with wide sidewalks, easy access to parks and beaches, and a relatively flat terrain, making it easy for families to navigate with strollers
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