Zip 04922 (Burnham, ME) Economy


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United States / Maine / No Metro Area / Waldo County / No City / Burnham (zip 04922)
Burnham, ME (zip code 04922) is a small town in the state of Maine. The average 2 bedroom rent in Burnham is $1,120 which is much lower than the national average of $1,430. Furthermore, groceries are more affordable here as the Grocery Cost Index is 104 compared to 100 in the US.
The local economy of Burnham has some very reputable companies such as H C Hayden Co., Inc., Burnham & Morrill Co and Applied Technical Services Maine Inc that offer job opportunities for people living in this area. Other businesses include Boatyard Quilt Designs, Northwoods Outfitters and Muddy Paw Lobster Shack that provide services to the community.

Burnham (zip 04922) has an unemployment rate of 5.5%. The US average is 6.0%.

Burnham (zip 04922) 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 34.9%, which is higher than the US average of 33.5%.

Tax Rates for Burnham (zip 04922)
- The Sales Tax Rate for Burnham (zip 04922) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Burnham (zip 04922) 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 Burnham (zip 04922)
- The average income of a Burnham (zip 04922) resident is $18,281 a year. The US average is $28,555 a year.
- The Median household income of a Burnham (zip 04922) resident is $38,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBurnham, MaineUnited States
  5.56
  -6.0%-6.2%
  34.9%33.5%
  5.5%6.2%
  6.8%4.6%
  $23,482$37,638
  $38,750$69,021
  $52,938$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  2.5%6.8%
  1.4%10.0%
  0.0%2.5%
  19.1%11.0%
  14.1%4.8%
  0.0%0.8%
  0.0%1.9%
  4.2%4.7%
  0.7%1.9%
  6.4%7.6%
  0.0%0.1%
  9.2%4.2%
  4.9%9.3%
  18.7%14.0%
  0.0%2.1%
  6.7%7.0%
  0.7%4.8%
  9.2%4.7%
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