Zip 04037 (Fryeburg, ME) Economy


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United States / Maine / No Metro Area / Oxford County / No City / Fryeburg (zip 04037)
Fryeburg, ME 04037 is a town situated in the northern part of Maine, and offers a more rural atmosphere than large cities. The two bedroom rent in Fryeburg is $960, which is significantly lower than the US average of $1,430. The Grocery Cost Index for Fryeburg is 106 compared to 100 in the United States. This makes Fryeburg an attractive option for those looking for lower housing cost and grocery prices. Local businesses in this area include White Mountain Diesel and Tractor Repair, an auto repair shop that services farm tractors; Fryeburg Family Chiropractic offering chiropractic care; as well as Oxford House Inn which serves as an inn and restaurant.

Fryeburg (zip 04037) has an unemployment rate of 6.6%. The US average is 6.0%.

Fryeburg (zip 04037) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Fryeburg (zip 04037)
- The Sales Tax Rate for Fryeburg (zip 04037) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Fryeburg (zip 04037) 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 Fryeburg (zip 04037)
- The average income of a Fryeburg (zip 04037) resident is $22,415 a year. The US average is $28,555 a year.
- The Median household income of a Fryeburg (zip 04037) resident is $51,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFryeburg, MaineUnited States
  6.66
  -6.3%-6.2%
  31.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $28,047$37,638
  $51,500$69,021
  $69,000$85,028
  Population by Occupation
  3.0%1.2%
  0.0%0.5%
  10.7%6.8%
  5.1%10.0%
  0.4%2.5%
  13.1%11.0%
  4.0%4.8%
  1.6%0.8%
  0.2%1.9%
  2.6%4.7%
  6.6%1.9%
  3.2%7.6%
  0.0%0.1%
  4.0%4.2%
  9.0%9.3%
  15.6%14.0%
  1.6%2.1%
  11.9%7.0%
  6.8%4.8%
  0.8%4.7%
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