Zip 04851 (Matinicus, ME) Economy


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United States / Maine / No Metro Area / Knox County / No City / Matinicus (zip 04851)
The rural town of Matinicus, Maine is a small fishing village located on an island off the coast of southern Maine. The population of 04851 Matinicus is only around 70 people. It has a unique culture that values hard work and tight-knit community relationships. The average 2 bedroom rent in this small town is only $1,080 compared to $1,430 across the United States. Grocery prices in this area are also angled towards budget-minded consumers with an index of 110 versus 100 in the US. Local businesses can be found operating out of family run stores like The General Store and Reid's Grocery & Deli which have been around for generations. Renters looking to live in this area will find a peaceful environment away from larger cities and experience a unique lifestyle based on fishing and preserving the natural beauty that surrounds it.

Matinicus (zip 04851) has an unemployment rate of 5.6%. The US average is 6.0%.

Matinicus (zip 04851) 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 Matinicus (zip 04851)
- The Sales Tax Rate for Matinicus (zip 04851) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Matinicus (zip 04851) 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 Matinicus (zip 04851)
- The average income of a Matinicus (zip 04851) resident is $18,249 a year. The US average is $28,555 a year.
- The Median household income of a Matinicus (zip 04851) resident is $63,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMatinicus, MaineUnited States
  5.66
  -7.1%-6.2%
  31.7%33.5%
  5.5%6.2%
  6.8%4.6%
  $41,888$37,638
  $63,750$69,021
  $91,875$85,028
  Population by Occupation
  30.0%1.2%
  0.0%0.5%
  20.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  10.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  10.0%9.3%
  10.0%14.0%
  20.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
Health