04745 Frenchville, ME is a small town located in Aroostook County with a population of around 500. The 2 bedroom rent in this area is significantly lower than the national average of $1,430, at only $860. Additionally, the Grocery Cost Index is 104 versus 100 in the US. Numerous local companies have contributed to the economy of 04745 Frenchville, ME such as RL Pelletier Logging Inc., North Country Janitorial Services and Aroostook Financial Group. All three of these companies specialize in different services but all work together to ensure that the economy in this part of Maine remains strong.
Frenchville (zip 04745) has an unemployment rate of 5.9%. The US average is 6.0%.
Frenchville (zip 04745) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Frenchville (zip 04745)
- The Sales Tax Rate for Frenchville (zip 04745) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Frenchville (zip 04745) 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 Frenchville (zip 04745)
- The average income of a Frenchville (zip 04745) resident is $25,967 a year. The US average is $37,638 a year.
- The Median household income of a Frenchville (zip 04745) resident is $50,667 a year. The US average is $69,021 a year.