Mechanic Falls, ME (04256) is a small town located in Androscoggin County with a population of 1,139. It is known for its quiet and peaceful atmosphere. The 2 Bedroom Rent in Mechanic Falls is $1,370 which is around 5% less than the US average of $1,430. Additionally, the Grocery Cost Index in Mechanic Falls is 105 versus 100 in the US. This means that grocery costs are slightly higher than those found in other parts of the country. Businesses in Mechanic Falls include Bisson Automotive, Mainely Sewers & Excavation Inc., and Pine Tree Farms LLC. Residents can also find banking services through KeyBank and TD Bank located nearby.
Mechanic Falls (zip 04256) has an unemployment rate of 5.3%. The US average is 6.0%.
Mechanic Falls (zip 04256) 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 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Mechanic Falls (zip 04256)
- The Sales Tax Rate for Mechanic Falls (zip 04256) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Mechanic Falls (zip 04256) 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 Mechanic Falls (zip 04256)
- The average income of a Mechanic Falls (zip 04256) resident is $21,687 a year. The US average is $28,555 a year.
- The Median household income of a Mechanic Falls (zip 04256) resident is $62,429 a year. The US average is $69,021 a year.