Zip 04563 (Cushing, ME) Economy


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United States / Maine / No Metro Area / Knox County / No City / Cushing (zip 04563)
04563 Cushing, ME is situated in Knox County and is a great place to rent if you're looking for an affordable yet cozy home. The 2 bedroom rent in 04563 Cushing, ME is just $1,080 compared to $1,430 in the US giving renters an ideal price point. Local companies such as Geri Reilly Real Estate or Camden Real Estate are great choices when it comes to seeking rentals in 04563 Cushing, ME and can provide some great advice on different options available in the area. The Grocery Cost Index of 109 versus 100 in the US is higher than the US average because of factors such as demand and supply that affect the pricing of groceries and other necessities.

Cushing (zip 04563) has an unemployment rate of 5.6%. The US average is 6.0%.

Cushing (zip 04563) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Cushing (zip 04563)
- The Sales Tax Rate for Cushing (zip 04563) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cushing (zip 04563) 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 Cushing (zip 04563)
- The average income of a Cushing (zip 04563) resident is $24,507 a year. The US average is $28,555 a year.
- The Median household income of a Cushing (zip 04563) resident is $60,852 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCushing, MaineUnited States
  5.66
  -7.1%-6.2%
  31.7%33.5%
  5.5%6.2%
  6.8%4.6%
  $43,999$37,638
  $60,852$69,021
  $75,987$85,028
  Population by Occupation
  11.0%1.2%
  0.0%0.5%
  6.7%6.8%
  9.9%10.0%
  0.0%2.5%
  13.5%11.0%
  1.2%4.8%
  0.3%0.8%
  3.9%1.9%
  2.5%4.7%
  2.4%1.9%
  5.2%7.6%
  0.0%0.1%
  4.3%4.2%
  5.9%9.3%
  18.2%14.0%
  3.6%2.1%
  2.2%7.0%
  5.9%4.8%
  3.3%4.7%
Health