Zip 04222 (Durham, ME) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Durham, ME 04222 is a small town located in Cumberland County. The cost of living in Durham is relatively low compared to the United States as a whole, with 2 bedroom rent averaging $1,330 versus $1,430 nationally. Grocery costs are also lower here with an index of 109 versus 100 for the US. There are plenty of local businesses in Durham such as Dunkin' Donuts, Subway, and Hannaford Supermarket for residents to enjoy. Additionally, there is an array of small specialty shops that offer unique products and services including CMP Tactical Lazer Tag and Pizza by Alex. Durham is a great place to live with many local amenities available at an affordable price.

Durham (zip 04222) has an unemployment rate of 5.3%. The US average is 6.0%.

Durham (zip 04222) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.

Tax Rates for Durham (zip 04222)
- The Sales Tax Rate for Durham (zip 04222) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Durham (zip 04222) 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 Durham (zip 04222)
- The average income of a Durham (zip 04222) resident is $31,676 a year. The US average is $28,555 a year.
- The Median household income of a Durham (zip 04222) resident is $82,868 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDurham, MaineUnited States
  5.36
  -4.4%-6.2%
  31.5%33.5%
  5.5%6.2%
  6.8%4.6%
  $37,927$37,638
  $82,868$69,021
  $88,586$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  13.0%6.8%
  16.0%10.0%
  3.0%2.5%
  11.6%11.0%
  3.1%4.8%
  0.0%0.8%
  0.5%1.9%
  6.8%4.7%
  0.0%1.9%
  8.5%7.6%
  0.0%0.1%
  3.8%4.2%
  10.2%9.3%
  11.9%14.0%
  0.6%2.1%
  5.2%7.0%
  1.7%4.8%
  2.6%4.7%
Health