Zip 04756 (Madawaska, ME) Economy


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United States / Maine / No Metro Area / Aroostook County / No City / Madawaska (zip 04756)
04756 Madawaska, ME is a small town located in Aroostook County. With a population of 4,481, it's the largest city in the county. The 2 bedroom rent in this area is $840 which is significantly cheaper than the US average of $1,430. Not only is rent affordable but groceries are also quite inexpensive with a Grocery Cost Index at 104 compared to 100 for the US on average.
Madawaska has some great local businesses including Madawaska Business Park Inc., Irving Oil Corporation, and Northern Maine Medical Center. There are also many recreational activities such as fishing, snowmobiling, ATV riding and more that visitors can enjoy here. 04756 Madawaska, ME is a great place to live or visit!

Madawaska (zip 04756) has an unemployment rate of 5.9%. The US average is 6.0%.

Madawaska (zip 04756) has seen the job market decrease by -0.5% 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 Madawaska (zip 04756)
- The Sales Tax Rate for Madawaska (zip 04756) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Madawaska (zip 04756) 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 Madawaska (zip 04756)
- The average income of a Madawaska (zip 04756) resident is $21,260 a year. The US average is $28,555 a year.
- The Median household income of a Madawaska (zip 04756) resident is $40,153 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMadawaska, MaineUnited States
  5.96
  -4.9%-6.2%
  24.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $26,383$37,638
  $40,153$69,021
  $63,986$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.2%6.8%
  14.7%10.0%
  1.9%2.5%
  7.7%11.0%
  8.5%4.8%
  1.7%0.8%
  0.0%1.9%
  4.5%4.7%
  1.5%1.9%
  0.0%7.6%
  0.0%0.1%
  2.2%4.2%
  12.1%9.3%
  26.5%14.0%
  0.0%2.1%
  4.9%7.0%
  1.4%4.8%
  5.3%4.7%
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