Zip 04226 (East Andover, ME) Economy


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United States / Maine / No Metro Area / Oxford County / No City / East Andover (zip 04226)
04226 East Andover, ME is a great place to live for anyone looking for a small-town feel with big-city convenience. With a 2 Bedroom Rent of $940, this area is considerably cheaper than the US average rent of $1,430. Grocery Cost Index in East Andover is 105 versus 100 in the US, making groceries slightly more expensive compared to other parts of the country. There are plenty of local companies that make living in this area convenient, including East Andover General Store, Main Street Auto Repair, and East Andover Variety. These local businesses offer a wide variety of goods and services to make your life easier and more enjoyable.

East Andover (zip 04226) has an unemployment rate of 6.6%. The US average is 6.0%.

East Andover (zip 04226) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for East Andover (zip 04226)
- The Sales Tax Rate for East Andover (zip 04226) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for East Andover (zip 04226) 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 East Andover (zip 04226)
- The average income of a East Andover (zip 04226) resident is $20,077 a year. The US average is $28,555 a year.
- The Median household income of a East Andover (zip 04226) resident is $41,477 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Andover, MaineUnited States
  6.66
  -6.3%-6.2%
  31.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $27,943$37,638
  $41,477$69,021
  $42,045$85,028
  Population by Occupation
  38.5%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  19.2%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  11.5%7.6%
  0.0%0.1%
  0.0%4.2%
  15.4%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  15.4%4.7%
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