Zip 04847 (Hope, ME) Economy


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United States / Maine / No Metro Area / Knox County / No City / Hope (zip 04847)
Hope, Maine (04847) is a small town located between Camden and Rockland. With a population of less than 2,000 people, Hope is the perfect place to retire or raise a family. The two bedroom rental rate in Hope is surprisingly accessible at $1,100 versus the national average of $1,430. Additionally, grocery costs are slightly higher at 107 compared to 100 in the US.
Hope features many outdoor activities that attract locals and visitors alike. Hikers can explore Mount Battie or the Salt Marsh Nature Trail for stunning views of Penobscot Bay. Other outdoor enthusiasts will enjoy kayaking at Megunticook Lake or St George River. For those looking for culture there is plenty to offer as well with nearby galleries, museums, and performing arts centers in both Camden and Rockland. Finally, several locally owned restaurants such as Haystack Lobster Pound provide fresh seafood and classic New England cuisine for all to enjoy!

Hope (zip 04847) has an unemployment rate of 5.6%. The US average is 6.0%.

Hope (zip 04847) 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 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Hope (zip 04847)
- The Sales Tax Rate for Hope (zip 04847) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Hope (zip 04847) 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 Hope (zip 04847)
- The average income of a Hope (zip 04847) resident is $24,737 a year. The US average is $28,555 a year.
- The Median household income of a Hope (zip 04847) resident is $74,288 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHope, MaineUnited States
  5.66
  -7.1%-6.2%
  31.7%33.5%
  5.5%6.2%
  6.8%4.6%
  $39,939$37,638
  $74,288$69,021
  $82,212$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  6.3%6.8%
  7.4%10.0%
  0.4%2.5%
  9.2%11.0%
  5.4%4.8%
  0.0%0.8%
  1.5%1.9%
  3.4%4.7%
  2.8%1.9%
  10.3%7.6%
  0.0%0.1%
  2.5%4.2%
  17.2%9.3%
  15.2%14.0%
  2.5%2.1%
  5.2%7.0%
  5.0%4.8%
  3.7%4.7%
Health