Zip 04952 (Morrill, ME) Economy


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United States / Maine / No Metro Area / Waldo County / No City / Morrill (zip 04952)
04952 Morrill, ME is a small town located in Waldo County with a population of around 700 people. The rent for a two bedroom apartment is $1,130 which is significantly lower than the national average of $1,430. Additionally, the cost of living here is quite affordable as well with the grocery cost index being 107 versus 100 in the US. This makes it an ideal place for those looking to save money on basic expenses.
The area has plenty to do and offer for locals and visitors alike, especially those who love outdoor activities like hiking and camping. There are several local businesses in the area such as Big Daddy's Pizza & Grill, Pineland Farm Market & Gardens, Linscott Real Estate, North Country Rivers- Outdoor Adventure Tours and many more that provide goods and services to the community.
Overall 04952 Morrill offers a great quality of life at an incredibly low cost of living. It’s perfect for those looking to move somewhere that feels like home without breaking their budget.

Morrill (zip 04952) has an unemployment rate of 5.5%. The US average is 6.0%.

Morrill (zip 04952) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 34.9%, which is higher than the US average of 33.5%.

Tax Rates for Morrill (zip 04952)
- The Sales Tax Rate for Morrill (zip 04952) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Morrill (zip 04952) 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 Morrill (zip 04952)
- The average income of a Morrill (zip 04952) resident is $22,501 a year. The US average is $28,555 a year.
- The Median household income of a Morrill (zip 04952) resident is $60,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMorrill, MaineUnited States
  5.56
  -6.0%-6.2%
  34.9%33.5%
  5.5%6.2%
  6.8%4.6%
  $30,857$37,638
  $60,833$69,021
  $73,889$85,028
  Population by Occupation
  1.8%1.2%
  0.0%0.5%
  11.5%6.8%
  7.6%10.0%
  1.7%2.5%
  11.4%11.0%
  1.0%4.8%
  0.0%0.8%
  0.0%1.9%
  4.4%4.7%
  0.0%1.9%
  8.9%7.6%
  0.0%0.1%
  5.8%4.2%
  7.6%9.3%
  18.2%14.0%
  0.2%2.1%
  5.7%7.0%
  5.4%4.8%
  8.5%4.7%
Health