Columbia Falls, Maine (04623) is a small town with a population of only 1,301 people located in the Downeast region of the state. The 2 bedroom rent here is $890 which is significantly lower than the U.S. median of $1,430, making it much more affordable for those who are looking to settle down in this area. Additionally, the Grocery Cost Index in Columbia Falls is 105 versus 100 in the US - meaning that groceries are slightly more expensive here than they would be elsewhere - but overall, it still offers an affordable cost of living for its residents.
The town has several small businesses including Pine Tree Marketplace and Variety Store, Surfside Country Store & Deli, Atlantic Salmon Museum and Education Center, as well as several restaurants like Marhkies Cafe & Grill and Brazen Pig Pub & Grill. All these local businesses make Columbia Falls a great place to live or visit! When compared to other towns and cities throughout the United States, Columbia Falls offers an incredibly affordable cost of living while still providing its inhabitants with all their basic needs met.
Columbia Falls (zip 04623) has an unemployment rate of 7.9%. The US average is 6.0%.
Columbia Falls (zip 04623) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Columbia Falls (zip 04623)
- The Sales Tax Rate for Columbia Falls (zip 04623) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Columbia Falls (zip 04623) 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 Columbia Falls (zip 04623)
- The average income of a Columbia Falls (zip 04623) resident is $18,975 a year. The US average is $28,555 a year.
- The Median household income of a Columbia Falls (zip 04623) resident is $56,071 a year. The US average is $69,021 a year.