Lewiston, ME 04240 is an attractive city for those looking for affordable living. The average 2 bedroom rent in Lewiston is $1,070, which is significantly lower than the U.S. average rent of $1,430. In addition to rental costs, the Grocery Cost Index (GCI) in Lewiston is 105 versus 100 in the US, meaning that groceries are slightly more expensive here than the nationwide average.
Lewiston has a diverse selection of businesses and companies ranging from local restaurants like Old Country Buffet and Baxter Brewing Co to larger retail stores like Walmart Supercenter and Home Depot. The city also offers several health care providers including Central Maine Medical Center, Maine General Medical Center and St Mary’s Regional Medical Center. Other notable businesses in Lewiston include Androscoggin Bank, Edward Jones Financial Advisors and Maine Whitewater Rafting Company.
Lewiston (zip 04240) has an unemployment rate of 5.7%. The US average is 6.0%.
Lewiston (zip 04240) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Lewiston (zip 04240)
- The Sales Tax Rate for Lewiston (zip 04240) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Lewiston (zip 04240) 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 Lewiston (zip 04240)
- The average income of a Lewiston (zip 04240) resident is $21,668 a year. The US average is $28,555 a year.
- The Median household income of a Lewiston (zip 04240) resident is $48,069 a year. The US average is $69,021 a year.