Zip 04221 (Canton, ME) Economy


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United States / Maine / No Metro Area / Oxford County / No City / Canton (zip 04221)
Canton, Maine (04221) is a town located in Oxford County. The average rent for a two bedroom apartment here is $990, much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Canton is 105 versus 100 in the US. There are plenty of local businesses to choose from when you live or visit Canton. Notable companies include the Pleasant River Lumber Company, which has been producing quality wood products since 1979; Epic Sports and Entertainment Complex, a popular spot for family outings with bowling lanes, mini golf and laser tag; and a variety of farms offering fresh produce and other items such as wines and cheeses. Whether you’re looking for recreational activities or great eats, Canton has something for everyone!

Canton (zip 04221) has an unemployment rate of 6.6%. The US average is 6.0%.

Canton (zip 04221) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Canton (zip 04221)
- The Sales Tax Rate for Canton (zip 04221) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Canton (zip 04221) 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 Canton (zip 04221)
- The average income of a Canton (zip 04221) resident is $20,992 a year. The US average is $28,555 a year.
- The Median household income of a Canton (zip 04221) resident is $48,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCanton, MaineUnited States
  6.66
  -6.3%-6.2%
  31.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $24,749$37,638
  $48,750$69,021
  $74,688$85,028
  Population by Occupation
  10.5%1.2%
  0.0%0.5%
  3.7%6.8%
  14.8%10.0%
  1.3%2.5%
  11.1%11.0%
  3.9%4.8%
  0.0%0.8%
  3.3%1.9%
  3.1%4.7%
  0.0%1.9%
  9.2%7.6%
  0.0%0.1%
  1.1%4.2%
  8.7%9.3%
  18.8%14.0%
  0.0%2.1%
  1.7%7.0%
  2.2%4.8%
  6.6%4.7%
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