Zip 04457 (Lincoln, ME) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Maine / Bangor Metro Area / Penobscot County / No City / Lincoln (zip 04457)
Lincoln, Maine (04457) is an area known for its idyllic outdoor activities and affordability. The two bedroom rent here is $970 per month, a significant decrease compared to the US average of $1,430. Additionally, the grocery cost index in this region is 103 versus 100 in the US, meaning groceries here are marginally more expensive than elsewhere in the country. Local businesses like Lincoln Home Center and Shepards Automotive help make life here convenient and affordable. Lincoln Home Center specializes in hardware and building supplies while Shepards Automotive offers full-service auto repair services. Additionally, small retail stores like The Pines Market offer unique products at great prices for residents of this community.

Lincoln (zip 04457) has an unemployment rate of 5.3%. The US average is 6.0%.

Lincoln (zip 04457) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Lincoln (zip 04457)
- The Sales Tax Rate for Lincoln (zip 04457) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Lincoln (zip 04457) 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 Lincoln (zip 04457)
- The average income of a Lincoln (zip 04457) resident is $22,837 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln (zip 04457) resident is $38,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLincoln, MaineUnited States
  5.36
  -5.2%-6.2%
  26.6%33.5%
  5.5%6.2%
  6.8%4.6%
  $22,921$37,638
  $38,688$69,021
  $53,289$85,028
  Population by Occupation
  2.4%1.2%
  0.0%0.5%
  12.0%6.8%
  8.2%10.0%
  0.0%2.5%
  13.4%11.0%
  3.8%4.8%
  4.6%0.8%
  0.0%1.9%
  1.0%4.7%
  0.8%1.9%
  2.9%7.6%
  0.0%0.1%
  1.7%4.2%
  11.7%9.3%
  21.0%14.0%
  0.4%2.1%
  3.5%7.0%
  9.8%4.8%
  2.7%4.7%
Health