Zip 03901 (Berwick, ME) Economy


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Berwick, ME, located in 03901 is a small rural town with a population of 8,500. It is known for its picturesque views of rolling hills and forests that surround it. Berwick is an ideal place to live for people looking for a peaceful lifestyle with easy access to larger cities like Portsmouth, New Hampshire. The median two bedroom rent in the area is $1,430 which is comparable to the US median price. Additionally, Grocery Cost Index in 03901 Berwick stands at 109 versus 100 in the US making produce and grocery items more affordable for residents.
Businesses located in Berwick include Emery Motors Inc., P&M Auto Body & Paint Inc., and Suddeth's Garage. Other companies include Willey's General Store and Variety News & Gifts which are popular local stores. People can also enjoy nature at Cronin Conservation Area or shop at Fox Run Mall which are both found nearby. Overall, Berwick is a beautiful city and offers many amenities for its citizens to enjoy.

Berwick (zip 03901) has an unemployment rate of 5.8%. The US average is 6.0%.

Berwick (zip 03901) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.

Tax Rates for Berwick (zip 03901)
- The Sales Tax Rate for Berwick (zip 03901) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Berwick (zip 03901) 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 Berwick (zip 03901)
- The average income of a Berwick (zip 03901) resident is $27,123 a year. The US average is $28,555 a year.
- The Median household income of a Berwick (zip 03901) resident is $75,541 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBerwick, MaineUnited States
  5.86
  -6.0%-6.2%
  40.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $36,088$37,638
  $75,541$69,021
  $97,197$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  8.6%6.8%
  21.0%10.0%
  1.6%2.5%
  14.9%11.0%
  1.2%4.8%
  0.5%0.8%
  2.0%1.9%
  4.3%4.7%
  1.1%1.9%
  1.7%7.6%
  0.7%0.1%
  2.4%4.2%
  10.1%9.3%
  13.2%14.0%
  0.4%2.1%
  5.4%7.0%
  4.0%4.8%
  6.4%4.7%
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