Bowdoinham, ME (04008) offers a great quality of life for its residents. The two bedroom rent in this cozy town is $1,270 compared to the US average of $1,430; making it an incredibly affordable place to live. Additionally, grocery costs are 7% lower than the US average index, which provides Bowdoinham residents more financial freedom.
The town is home to several local companies including: T-Wayne's Marine Services Inc., Sagadahoc Preservation Inc., and Snow & Bryant Farm LLC, just to name a few. It also offers a variety of recreational activities such as kayaking down the Cathance River or fishing at one of its many ponds. Bowdoinham is also home to numerous small businesses and unique eateries that make it an attractive place for visitors and locals alike.
Bowdoinham (zip 04008) has an unemployment rate of 4.3%. The US average is 6.0%.
Bowdoinham (zip 04008) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Bowdoinham (zip 04008)
- The Sales Tax Rate for Bowdoinham (zip 04008) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Bowdoinham (zip 04008) 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 Bowdoinham (zip 04008)
- The average income of a Bowdoinham (zip 04008) resident is $30,954 a year. The US average is $28,555 a year.
- The Median household income of a Bowdoinham (zip 04008) resident is $85,556 a year. The US average is $69,021 a year.