Albion, ME is a great place to live with a very affordable cost of living. The average two bedroom rent in Albion is only $980 compared to the US average of $1,430, making it a great place for those on a budget. Groceries here are also very affordable with an index score of 105 compared to the US average of 100. Local companies such as Longly's Grocery Store and Dalton's Hardware Store both offer competitive prices for any household goods you may need. Longly’s has some of the best prices in town ranging from fresh fruits and vegetables to canned goods and frozen foods, while Dalton’s has all your hardware needs at unbeatable costs. Renting or buying in Albion can be very cost effective and provide you with plenty of local stores to meet your needs.
Albion (zip 04910) has an unemployment rate of 4.7%. The US average is 6.0%.
Albion (zip 04910) 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 31.9%, which is lower than the US average of 33.5%.
Tax Rates for Albion (zip 04910)
- The Sales Tax Rate for Albion (zip 04910) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Albion (zip 04910) 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 Albion (zip 04910)
- The average income of a Albion (zip 04910) resident is $23,604 a year. The US average is $28,555 a year.
- The Median household income of a Albion (zip 04910) resident is $51,667 a year. The US average is $69,021 a year.