Zip 04606 (Addison, ME) Economy


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United States / Maine / No Metro Area / Washington County / No City / Addison (zip 04606)
Addison, Maine (04606) has a great quality of life. The two bedroom rent rate is an affordable $920 which is significantly lower than the US average of $1,430. This makes it easier to find apartments and homes in the area. The grocery cost index of 107 versus 100 in the US means that living expenses are slightly higher in Addison, but not by much. There are plenty of attractions and local companies to entertain and employ residents. Popular attractions include Machias Seal Island Tours, Cobscook Bay State Park, and Fundy Isles Golf Course. Local companies like Walmart Supercenter, Irving Big Stop, and Addison Marine are all located in Addison for convenient shopping or employment opportunities.

Addison (zip 04606) has an unemployment rate of 7.9%. The US average is 6.0%.

Addison (zip 04606) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Addison (zip 04606)
- The Sales Tax Rate for Addison (zip 04606) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Addison (zip 04606) 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 Addison (zip 04606)
- The average income of a Addison (zip 04606) resident is $28,702 a year. The US average is $28,555 a year.
- The Median household income of a Addison (zip 04606) resident is $43,088 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAddison, MaineUnited States
  7.96
  -4.2%-6.2%
  26.7%33.5%
  5.5%6.2%
  6.8%4.6%
  $25,480$37,638
  $43,088$69,021
  $55,417$85,028
  Population by Occupation
  19.4%1.2%
  0.0%0.5%
  2.6%6.8%
  6.0%10.0%
  4.3%2.5%
  10.7%11.0%
  4.3%4.8%
  0.0%0.8%
  0.0%1.9%
  3.0%4.7%
  0.0%1.9%
  5.3%7.6%
  0.0%0.1%
  2.8%4.2%
  10.7%9.3%
  17.3%14.0%
  2.8%2.1%
  7.0%7.0%
  2.6%4.8%
  1.5%4.7%
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