Cape Elizabeth, ME, 04107 is a great place to live and work. The average two-bedroom rent is $2,030 per month which is much higher than the national average of $1,430. Grocery costs are also higher in Cape Elizabeth with a grocery cost index of 115 compared to 100 in the US. The city has plenty of local businesses such as Portland Pie Co., Hannaford Supermarkets, and Aroma Joe's Coffee Roasters for residents to enjoy. With its close proximity to beaches and parks, Cape Elizabeth offers a little something for everyone.
Cape Elizabeth (zip 04107) has an unemployment rate of 4.5%. The US average is 6.0%.
Cape Elizabeth (zip 04107) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.
Tax Rates for Cape Elizabeth (zip 04107)
- The Sales Tax Rate for Cape Elizabeth (zip 04107) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cape Elizabeth (zip 04107) 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 Cape Elizabeth (zip 04107)
- The average income of a Cape Elizabeth (zip 04107) resident is $52,185 a year. The US average is $28,555 a year.
- The Median household income of a Cape Elizabeth (zip 04107) resident is $129,503 a year. The US average is $69,021 a year.