Zip 04020 (Cornish, ME) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Cornish, ME (04020) is a small town located in York County with an estimated population of 1,571 residents. The cost of living in Cornish is slightly less than the US average as evidenced by the two bedroom rent being $1,350 compared to the US average of $1,430. Grocery costs are also lower with a grocery cost index of 107 versus 100 in the US.
The town features several local attractions for visitors including Thomas Farms Orchards & Winery with pick-your-own apples and pears, Maplewood Vineyard & Winery where visitors can enjoy tastings and tours of their vineyard, and Crooked Face Creamery which specializes in small batch pastured raw cow's milk cheeses. For those looking for outdoor activities there are plenty to explore such as Bradbury Mountain State Park or Frye Mountain Conservation Area. In addition, there are several local businesses that offer goods and services such as Mills Home Services specializing in HVAC maintenance or J&A Lawn Care offering landscaping services.

Cornish (zip 04020) has an unemployment rate of 5.8%. The US average is 6.0%.

Cornish (zip 04020) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.

Tax Rates for Cornish (zip 04020)
- The Sales Tax Rate for Cornish (zip 04020) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cornish (zip 04020) 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 Cornish (zip 04020)
- The average income of a Cornish (zip 04020) resident is $24,371 a year. The US average is $28,555 a year.
- The Median household income of a Cornish (zip 04020) resident is $61,099 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCornish, MaineUnited States
  5.86
  -6.0%-6.2%
  40.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $28,844$37,638
  $61,099$69,021
  $62,061$85,028
  Population by Occupation
  3.8%1.2%
  0.0%0.5%
  9.1%6.8%
  4.7%10.0%
  1.8%2.5%
  11.9%11.0%
  1.2%4.8%
  0.4%0.8%
  1.1%1.9%
  4.0%4.7%
  2.0%1.9%
  3.9%7.6%
  0.0%0.1%
  1.0%4.2%
  22.9%9.3%
  10.1%14.0%
  2.2%2.1%
  16.8%7.0%
  2.9%4.8%
  0.0%4.7%
Health