Zip 04605 (Ellsworth, ME) Economy


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United States / Maine / No Metro Area / Hancock County / Ellsworth / Ellsworth (zip 04605)
04605 Ellsworth, ME is a great place to call home. With an average 2 bedroom rent of only $1,020 it is much more affordable compared to the US average of $1,430. The grocery cost index in 04605 Ellsworth is 106 which is slightly higher than the US index of 100. This area offers many amenities, including top local companies such as Maine Coast Memorial Hospital and Bangor Savings Bank. It also offers plenty of outdoor activities like hiking along Blackwoods Campground and Bar Harbor Whale Watching Cruises. There are also plenty of restaurants and cafes to explore throughout the area for visitors and locals alike.

Ellsworth (zip 04605) has an unemployment rate of 7.0%. The US average is 6.0%.

Ellsworth (zip 04605) 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 32.5%, which is lower than the US average of 33.5%.

Tax Rates for Ellsworth (zip 04605)
- The Sales Tax Rate for Ellsworth (zip 04605) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Ellsworth (zip 04605) 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 Ellsworth (zip 04605)
- The average income of a Ellsworth (zip 04605) resident is $27,109 a year. The US average is $28,555 a year.
- The Median household income of a Ellsworth (zip 04605) resident is $61,641 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEllsworth, MaineUnited States
  76
  -7.9%-6.2%
  32.5%33.5%
  5.5%6.2%
  6.8%4.6%
  $35,595$37,638
  $61,641$69,021
  $78,606$85,028
  Population by Occupation
  2.5%1.2%
  0.0%0.5%
  6.8%6.8%
  8.1%10.0%
  1.2%2.5%
  12.9%11.0%
  4.8%4.8%
  1.3%0.8%
  1.7%1.9%
  4.3%4.7%
  1.8%1.9%
  10.2%7.6%
  0.0%0.1%
  3.6%4.2%
  9.1%9.3%
  16.0%14.0%
  2.0%2.1%
  6.9%7.0%
  4.3%4.8%
  2.5%4.7%
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