Economy in Zip 04537 (Boothbay, ME)

Boothbay, ME (04537) is a pleasant harbor town located on the Midcoast of Maine. With a population of 2,335 residents, Boothbay has plenty to offer in terms of amenities and attractions. The two bedroom rent averages at $1,170 while grocery cost index is 110 as opposed to 100 in the US. Its stunning landscapes make it the perfect place for outdoor activities such as hiking, biking, kayaking or fishing. There are multiple local companies that make Boothbay an attractive destination for tourists and locals alike, such as Damariscotta River Cruises offering boat tours along the river, Harbor Fish Market which serves fresh seafood all year round or Cabbage Island Clambakes let you have an unforgettable experience with its traditional lobsterbakes dinners. All in all, Boothbay is a great place to live or visit with something for everyone.

Boothbay (zip 04537) has an unemployment rate of 5.7%. The US average is 6.0%.

Boothbay (zip 04537) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.

Tax Rates for Boothbay (zip 04537)
- The Sales Tax Rate for Boothbay (zip 04537) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Boothbay (zip 04537) 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 Boothbay (zip 04537)
- The average income of a Boothbay (zip 04537) resident is $29,077 a year. The US average is $28,555 a year.
- The Median household income of a Boothbay (zip 04537) resident is $62,885 a year. The US average is $69,021 a year.