Union, ME 04862 is a small town located in Maine that offers a peaceful and relaxed lifestyle. The 2 Bedroom Rent in Union is $1,120 which is much lower than the US average of $1,430. This makes Union an attractive place for people looking to save money on rent. The Grocery Cost Index in Union is also 106 compared to 100 in the US, making it slightly more expensive to shop for groceries. However, this higher price point may be offset by the local businesses that are available in Union. For instance, there are several restaurants such as Stephen King's General Store and Two Lanterns Café & Pub that offer good food at reasonable prices. Additionally, there are a few stores like Turnpike Variety Store and Sunday River Marketplace that provide affordable options when it comes to shopping for items such as clothing and home goods. Thus, anyone looking to live in a rural area with affordable housing costs and access to basic necessities should consider Union, ME 04862.
Union (zip 04862) has an unemployment rate of 5.6%. The US average is 6.0%.
Union (zip 04862) 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 Union (zip 04862)
- The Sales Tax Rate for Union (zip 04862) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Union (zip 04862) 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 Union (zip 04862)
- The average income of a Union (zip 04862) resident is $25,736 a year. The US average is $28,555 a year.
- The Median household income of a Union (zip 04862) resident is $55,139 a year. The US average is $69,021 a year.