Zip 04786 (Washburn, ME) Economy


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United States / Maine / No Metro Area / Aroostook County / No City / Washburn (zip 04786)
Washburn, Maine (04786) is a rural area located in the northern part of the state. The two bedroom rent in Washburn is $830, which is significantly lower than the US average of $1,430. Additionally, grocery costs are slightly higher in Washburn relative to other parts of the country with a Grocery Cost Index of 104 versus 100 in the US.
Washburn offers many amenities for its residents including local hardware stores like Glen's True Value Hardware store and Thompson Lumber Company. There are also several places to shop for food such as Kristy's Country Store and Northern Lights Food Market. For outdoor recreation, Washburn has access to nearby lakes like Grand Lake where visitors can enjoy swimming, boating and fishing. There are also several parks and trails including Big Rock Mountain Park and Aroostook National Wildlife Refuge.

Washburn (zip 04786) has an unemployment rate of 5.9%. The US average is 6.0%.

Washburn (zip 04786) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Washburn (zip 04786)
- The Sales Tax Rate for Washburn (zip 04786) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Washburn (zip 04786) 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 Washburn (zip 04786)
- The average income of a Washburn (zip 04786) resident is $21,436 a year. The US average is $28,555 a year.
- The Median household income of a Washburn (zip 04786) resident is $42,330 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWashburn, MaineUnited States
  5.96
  -4.9%-6.2%
  24.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $24,213$37,638
  $42,330$69,021
  $60,673$85,028
  Population by Occupation
  7.6%1.2%
  0.0%0.5%
  3.6%6.8%
  14.8%10.0%
  1.9%2.5%
  12.4%11.0%
  4.1%4.8%
  1.1%0.8%
  1.2%1.9%
  1.8%4.7%
  0.4%1.9%
  3.6%7.6%
  0.4%0.1%
  4.4%4.2%
  7.3%9.3%
  19.6%14.0%
  1.5%2.1%
  3.9%7.0%
  8.1%4.8%
  2.2%4.7%
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