Abbot, ME 04406 is a small rural community located in Piscataquis County. Its population is estimated to be around 800 people, making it a peaceful place to live with plenty of natural beauty. With its small size and low population density, Abbot offers a unique atmosphere different from its larger counterparts. Rent prices for two-bedroom apartments in Abbot are extremely affordable at $850 compared to the national average of $1,430. In addition, the Grocery Cost Index for this area is 106 versus 100 in the US, indicating that costs are only minimally higher than those found elsewhere.
Businesses in Abbot center around providing goods and services to local residents. The town has grocery stores like Shaw's Supermarket and Dollar General that offer everyday necessities at reasonable prices. Hardware stores like Bigney Lumber Company provide supplies for home improvement projects, while businesses such as Stewart's Septic Services offer reliable sanitation care. Additionally, there are several restaurants such as the Country Cafe & Pizzeria that give locals options when it comes to dining out or takeout. All these companies contribute in some way to making life in Abbot comfortable and enjoyable for its citizens.
Abbot (zip 04406) has an unemployment rate of 5.9%. The US average is 6.0%.
Abbot (zip 04406) has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Abbot (zip 04406)
- The Sales Tax Rate for Abbot (zip 04406) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Abbot (zip 04406) 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 Abbot (zip 04406)
- The average income of a Abbot (zip 04406) resident is $28,295 a year. The US average is $37,638 a year.
- The Median household income of a Abbot (zip 04406) resident is $42,222 a year. The US average is $69,021 a year.