Zip 04427 (Corinth, ME) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Maine / Bangor Metro Area / Penobscot County / No City / Corinth (zip 04427)
Corinth, ME 04427 is a small town located in Penobscot County with an estimated population of 1,722 people. It offers a quieter lifestyle than larger cities and provides residents with the opportunity to escape the hustle and bustle of everyday life. The average 2 bedroom rent in Corinth is $990, which is significantly lower than the national average of $1,430. The grocery cost index in Corinth is 104 whereas the US average is 100 - meaning groceries may be slightly more expensive.
Corinth features a few local businesses that are worth exploring for goods and services including Mid Maine Auto Repair & Towing for automotive needs, East Coast Trucking Services Inc. for any hauling needs, and C N Brown Oil Company Inc for energy services. Other popular businesses include Corinna General Store & Restaurant, Ebel’s Hardware Inc., Springview Landfill & Recycling Center, and Main Street Variety Store.

Corinth (zip 04427) has an unemployment rate of 5.3%. The US average is 6.0%.

Corinth (zip 04427) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Corinth (zip 04427)
- The Sales Tax Rate for Corinth (zip 04427) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Corinth (zip 04427) 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 Corinth (zip 04427)
- The average income of a Corinth (zip 04427) resident is $25,163 a year. The US average is $37,638 a year.
- The Median household income of a Corinth (zip 04427) resident is $53,913 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCorinth, MaineUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.