Zip 04955 (New Sharon, ME) Economy


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United States / Maine / No Metro Area / Franklin County / No City / New Sharon (zip 04955)
04955 New Sharon, ME is an ideal area to live for those looking to enjoy a rural lifestyle while still having close access to both bigger cities and larger towns. The median 2 Bedroom rent in 04955 is $950 which is considerably lower than the US median at $1,430. This low cost of living can also be seen in the grocery cost index with 106 points versus 100 points in the US. Small business owners will find that living here is a great option as local companies such as Apple Valley Grocery, Impact Auto Parts, and D&M Interiors are all located in or around 04955 New Sharon, ME.

New Sharon (zip 04955) has an unemployment rate of 5.5%. The US average is 6.0%.

New Sharon (zip 04955) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for New Sharon (zip 04955)
- The Sales Tax Rate for New Sharon (zip 04955) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for New Sharon (zip 04955) 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 New Sharon (zip 04955)
- The average income of a New Sharon (zip 04955) resident is $32,610 a year. The US average is $37,638 a year.
- The Median household income of a New Sharon (zip 04955) resident is $66,964 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Sharon, MaineUnited States
  5.56
  -7.0%-6.2%
  26.3%33.5%
  5.5%6.2%
  6.8%4.6%
  $32,610$37,638
  $66,964$69,021
  $74,583$85,028
  Population by Occupation
  2.5%1.2%
  0.0%0.5%
  11.6%6.8%
  11.7%10.0%
  0.7%2.5%
  12.5%11.0%
  7.9%4.8%
  1.5%0.8%
  1.3%1.9%
  2.2%4.7%
  1.5%1.9%
  2.5%7.6%
  0.0%0.1%
  6.4%4.2%
  11.4%9.3%
  13.9%14.0%
  1.0%2.1%
  2.8%7.0%
  2.7%4.8%
  5.8%4.7%
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