Oakland, Maine (zip code 04963) is a quiet residential community located in central Maine. It has a population of 1,395 according to the 2010 census and is situated just east of the Waterville metropolitan area. The median 2 bedroom rent in Oakland stands at $980, which is much lower than the US national median rent of $1,430. In addition, grocery costs are also more affordable here with the Grocery Cost Index standing at 106 compared to the US index of 100.
The community offers excellent shopping options for residents as well as visitors. Local businesses include Oakland Market & Deli, R&K Variety Store, and Oak Street Pharmacy & Gifts. There are also plenty of restaurants such as The Blistered Pig Barbeque and Ribs Eatery and Graziano's Italian Restaurant. For those wanting to spend time outdoors there are many parks including Sandy Beach Park, Littlefield Park, and Johnson Park which includes a playground and baseball field. All in all Oakland makes an ideal place for people looking for an affordable place to live while enjoying everything this small town has to offer.
Oakland (zip 04963) has an unemployment rate of 4.7%. The US average is 6.0%.
Oakland (zip 04963) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.
Tax Rates for Oakland (zip 04963)
- The Sales Tax Rate for Oakland (zip 04963) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Oakland (zip 04963) 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 Oakland (zip 04963)
- The average income of a Oakland (zip 04963) resident is $31,551 a year. The US average is $28,555 a year.
- The Median household income of a Oakland (zip 04963) resident is $72,588 a year. The US average is $69,021 a year.