Zip 04258 (Minot, ME) Economy


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04258 Minot, ME is a small town in the state of Maine. It has a population of just over 2,000 people and is known for its rural charm. The average 2 bedroom rent in the area is $1,430, which is on par with the US average. Additionally, the Grocery Cost Index in 04258 Minot, ME stands at 107 compared to the US average of 100.
The small town of 04258 Minot, ME offers a charming small-town feel and boasts several local business serving the community. Some of these businesses include Minot Country Store, which provides groceries to locals; Thompson Construction Co., which specializes in all kinds of construction projects; and Downeast Well Drilling & Excavation, which provides plumbing services for homes and businesses. Other local businesses include Webb Printing Services for printing jobs and Olde Homestead Antiques for vintage finds. All these companies contribute to the vibrant local economy of 04258 Minot, ME.

Minot (zip 04258) has an unemployment rate of 5.3%. The US average is 6.0%.

Minot (zip 04258) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.

Tax Rates for Minot (zip 04258)
- The Sales Tax Rate for Minot (zip 04258) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Minot (zip 04258) 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 Minot (zip 04258)
- The average income of a Minot (zip 04258) resident is $31,976 a year. The US average is $28,555 a year.
- The Median household income of a Minot (zip 04258) resident is $83,355 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMinot, MaineUnited States
  5.36
  -4.4%-6.2%
  31.5%33.5%
  5.5%6.2%
  6.8%4.6%
  $41,670$37,638
  $83,355$69,021
  $87,566$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  13.8%6.8%
  7.1%10.0%
  3.2%2.5%
  10.9%11.0%
  4.9%4.8%
  1.3%0.8%
  0.0%1.9%
  3.1%4.7%
  2.9%1.9%
  3.9%7.6%
  0.4%0.1%
  6.1%4.2%
  7.3%9.3%
  16.3%14.0%
  0.5%2.1%
  7.7%7.0%
  4.8%4.8%
  3.3%4.7%
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