Located in Hancock, Maine, 04640 is the perfect place for someone looking to enjoy a rural lifestyle. According to Rent Jungle, the average two bedroom rent in 04640 Hancock is $1,040 which is lower than the national average of $1,430. This makes it the perfect spot for people on a budget. Grocery costs are also typically lower in this area with the Grocery Cost Index being 108 versus 100 in the US.
In terms of local businesses, there’s plenty to explore in 04640 Hancock ME. There’s The Dockside Deli & Market that offers delicious sandwiches as well as groceries, while MC’s Country Store offers everything from fishing bait and tackle to home goods and produce. A few more popular businesses include Wile’s Garage and Automotive Service Center for anyone needing car repairs or maintenance and Chadbourne Marine Services for boat services and supplies (Google Reviews). Whether you’re looking for cheap rent or local business to support, 04640 Hancock ME has a lot to offer its residents.
Hancock (zip 04640) has an unemployment rate of 7.0%. The US average is 6.0%.
Hancock (zip 04640) 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 Hancock (zip 04640)
- The Sales Tax Rate for Hancock (zip 04640) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Hancock (zip 04640) 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 Hancock (zip 04640)
- The average income of a Hancock (zip 04640) resident is $27,477 a year. The US average is $28,555 a year.
- The Median household income of a Hancock (zip 04640) resident is $62,639 a year. The US average is $69,021 a year.