Zip 04626 (Cutler, ME) Economy


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United States / Maine / No Metro Area / Washington County / No City / Cutler (zip 04626)
Cutler, ME (04626) is a small town located in Washington County of Maine. It is only a few miles away from the Canadian border, making it an ideal spot for people looking to explore both countries. With a population of about 721 people, Cutler offers its residents a peaceful and tranquil atmosphere. When it comes to rent, 2 bedroom homes in Cutler cost an average of $880 per month which is lower than the national average of $1,430. Additionally, grocery prices in Cutler are slightly higher than other parts of the US with an index score of 108 compared to 100 for the whole country.
There are several local companies that can be found in Cutler such as Airstream Adventures Northeast, Downeast Lobster Boat Trips and Acadian Seaplants Ltd. All these businesses have something unique to offer visitors or potential residents looking for employment opportunities in Cutler while still enjoying its tranquil lifestyle at a much lower cost than many other parts of the US.

Cutler (zip 04626) has an unemployment rate of 7.9%. The US average is 6.0%.

Cutler (zip 04626) 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 Cutler (zip 04626)
- The Sales Tax Rate for Cutler (zip 04626) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cutler (zip 04626) 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 Cutler (zip 04626)
- The average income of a Cutler (zip 04626) resident is $19,960 a year. The US average is $28,555 a year.
- The Median household income of a Cutler (zip 04626) resident is $49,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCutler, MaineUnited States
  7.96
  -4.2%-6.2%
  26.7%33.5%
  5.5%6.2%
  6.8%4.6%
  $26,368$37,638
  $49,250$69,021
  $83,500$85,028
  Population by Occupation
  18.6%1.2%
  0.0%0.5%
  1.8%6.8%
  3.6%10.0%
  1.8%2.5%
  3.2%11.0%
  8.2%4.8%
  1.8%0.8%
  0.9%1.9%
  4.1%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  10.0%4.2%
  19.1%9.3%
  13.2%14.0%
  0.0%2.1%
  1.4%7.0%
  8.6%4.8%
  3.6%4.7%
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