Zip 04351 (Manchester, ME) Economy


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Manchester, ME (04351) is a small town in the southern part of Maine. It's located in York County and has an estimated population of 5,140 people. For those looking for a place to live, Manchester offers 2 bedroom apartments for an average rent price of $1,110 which is much lower than the US average rent cost of $1,430. Grocery costs are also relatively low with a grocery cost index at 108 compared to 100 in the US.
Manchester is home to several local businesses such as Uncle Andy’s Dairy Farm which provides local ice cream and dairy products, Shawmut Inn which serves Italian dishes and pizza and The Forum–a coffee shop that doubles as a meeting space for arts performances and events throughout the year. The town also has plenty of outdoor activities such as beaches at Moody Beach State Park and Long Sands Beach as well as hiking trails at Mount Agamenticus Conservation Region. There is something for everyone in Manchester ME!

Manchester (zip 04351) has an unemployment rate of 4.7%. The US average is 6.0%.

Manchester (zip 04351) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.

Tax Rates for Manchester (zip 04351)
- The Sales Tax Rate for Manchester (zip 04351) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Manchester (zip 04351) 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 Manchester (zip 04351)
- The average income of a Manchester (zip 04351) resident is $36,330 a year. The US average is $28,555 a year.
- The Median household income of a Manchester (zip 04351) resident is $77,941 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyManchester, MaineUnited States
  4.76
  -3.8%-6.2%
  31.9%33.5%
  5.5%6.2%
  6.8%4.6%
  $41,918$37,638
  $77,941$69,021
  $90,662$85,028
  Population by Occupation
  0.6%1.2%
  0.5%0.5%
  8.9%6.8%
  4.5%10.0%
  0.8%2.5%
  18.0%11.0%
  1.6%4.8%
  1.1%0.8%
  2.4%1.9%
  5.0%4.7%
  1.0%1.9%
  4.0%7.6%
  0.0%0.1%
  6.6%4.2%
  9.5%9.3%
  15.9%14.0%
  3.8%2.1%
  2.0%7.0%
  4.0%4.8%
  10.0%4.7%
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