Zip 04097 (North Yarmouth, ME) Economy


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North Yarmouth, ME (04097) is a small town located in southern Maine with an estimated population of 4,082. It is a great place for those who are looking to find some peace and quiet away from the hustle and bustle of city life. The median 2 bedroom rent in North Yarmouth is $1,950 which is significantly higher than the US median of $1,430. Additionally, the Grocery Cost Index for this area is 113 compared to 100 nationally. There are many local businesses that can be found here including Freedom Cafe & Bakery, Stroudwater Supply Co., and Lucky Catch Lobster which offer local seafood catches. Other companies such as Smith Chiropractic and Portside Real Estate provide local services for residents of North Yarmouth.

North Yarmouth (zip 04097) has an unemployment rate of 4.5%. The US average is 6.0%.

North Yarmouth (zip 04097) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.

Tax Rates for North Yarmouth (zip 04097)
- The Sales Tax Rate for North Yarmouth (zip 04097) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for North Yarmouth (zip 04097) 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 North Yarmouth (zip 04097)
- The average income of a North Yarmouth (zip 04097) resident is $40,674 a year. The US average is $28,555 a year.
- The Median household income of a North Yarmouth (zip 04097) resident is $105,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Yarmouth, MaineUnited States
  4.56
  -6.0%-6.2%
  40.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $48,469$37,638
  $105,917$69,021
  $125,625$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  7.0%6.8%
  10.3%10.0%
  0.6%2.5%
  15.6%11.0%
  5.0%4.8%
  0.4%0.8%
  1.5%1.9%
  8.4%4.7%
  0.0%1.9%
  12.2%7.6%
  0.0%0.1%
  2.6%4.2%
  6.6%9.3%
  17.3%14.0%
  2.9%2.1%
  2.9%7.0%
  4.0%4.8%
  2.3%4.7%
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