Phillips, ME (zip code 04966) is a small rural town located in Franklin County. With a population of just under 1,000 people, Phillips offers affordability and a tight-knit community. The 2 bedroom rent in the area is $950 compared to the national average of $1,430. The Grocery Cost Index for Phillips is 105 compared to 100 nationally. This means groceries are slightly more expensive than other areas - but this could be expected given its remote location. For those visiting or living in Phillips, there are plenty of local businesses to check out. These include the Rogers Trading Post, which has been around since 1936 selling antiques, collectibles and general merchandise; and Peterson's Store which specializes in organic produce and locally sourced meats. For outdoor activities, visitors can enjoy camping at Farrin Campground or go fishing on Big Wood Pond. All these activities make it easy for residents and visitors to get a taste of rural Maine life.
Phillips (zip 04966) has an unemployment rate of 5.5%. The US average is 6.0%.
Phillips (zip 04966) 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 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Phillips (zip 04966)
- The Sales Tax Rate for Phillips (zip 04966) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Phillips (zip 04966) 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 Phillips (zip 04966)
- The average income of a Phillips (zip 04966) resident is $21,451 a year. The US average is $28,555 a year.
- The Median household income of a Phillips (zip 04966) resident is $42,011 a year. The US average is $69,021 a year.