Zip 04255 (Greenwood, ME) Economy


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United States / Maine / No Metro Area / Oxford County / No City / Greenwood (zip 04255)
04255 Greenwood, ME is a small town located in the state of Maine. It has a population of just over 600 people and is known for its rural charm. The cost of two bedroom rent in 04255 Greenwood, ME is $940, which is significantly lower than the national average of $1,430. The grocery cost index in this area is 106 relative to the US index at 100, indicating that groceries are slightly more expensive than the national average.
This town offers plenty of outdoor activities to enjoy such as hiking, fishing, and bird watching. There are also several local businesses in the area including the Greenwood Inn and Suites, Grover's Store & Grill, and The Country Store. Nearby amenities include a movie theater, bowling alley, golf course, museum and library. Overall 04255 Greenwood is a great place to live with an affordable housing market and plenty of nearby amenities to enjoy.

Greenwood (zip 04255) has an unemployment rate of 6.6%. The US average is 6.0%.

Greenwood (zip 04255) 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 Greenwood (zip 04255)
- The Sales Tax Rate for Greenwood (zip 04255) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Greenwood (zip 04255) 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 Greenwood (zip 04255)
- The average income of a Greenwood (zip 04255) resident is $27,456 a year. The US average is $28,555 a year.
- The Median household income of a Greenwood (zip 04255) resident is $49,107 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreenwood, MaineUnited States
  6.66
  -6.3%-6.2%
  31.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $37,511$37,638
  $49,107$69,021
  $79,750$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  10.7%6.8%
  5.5%10.0%
  0.5%2.5%
  34.1%11.0%
  3.4%4.8%
  1.6%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  5.5%7.6%
  0.0%0.1%
  4.4%4.2%
  5.2%9.3%
  9.6%14.0%
  1.8%2.1%
  5.5%7.0%
  4.9%4.8%
  5.7%4.7%
Health