Farmington, ME 04992 is a small city in Maine with a population of approximately 7,500 people. The median two bedroom rent in this city is $930, which is significantly lower than the US average of $1,430. With its Grocery Cost Index being 106 compared to the US average of 100, residents can enjoy relatively affordable prices for their groceries.
Among Farmington’s notable businesses are FedEx Ground Package Systems and Great Falls Construction Co. Additionally, there are plenty of amenities available in the area such as movie theaters, museums, parks, golf courses and more. Furthermore, the University of Maine at Farmington provides educational opportunities for both adults and youth alike.
Farmington (zip 04992) has an unemployment rate of 5.5%. The US average is 6.0%.
Farmington (zip 04992) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Farmington (zip 04992)
- The Sales Tax Rate for Farmington (zip 04992) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Farmington (zip 04992) 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 Farmington (zip 04992)
- The average income of a Farmington (zip 04992) resident is $36,262 a year. The US average is $37,638 a year.
- The Median household income of a Farmington (zip 04992) resident is $0 a year. The US average is $69,021 a year.