Zip 04268 (Norway, ME) Economy


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United States / Maine / No Metro Area / Oxford County / No City / Norway (zip 04268)
The town of 04268 Norway, ME is a vibrant and engaging small town. Despite its size, it offers a variety of amenities that make it an attractive place to live. In terms of housing, the average two bedroom rent in 04268 Norway, ME is $990, which is significantly less than the national average of $1,430. Moreover, the grocery cost index in 04268 Norway, ME is 104 versus 100 in the US. In terms of local businesses and amenities, 04268 Norway has several options for residents to enjoy including Trailside Deli & Bakery for dining out; Countryway Market for groceries; Norway Visitor's Center for tourism services; and Leisurely K9 Pet Grooming for pet care services. There are several recreational activities offered in 04268 Norway such as golfing at Fox Ridge Golf Club or skiing at Sunday River Ski Resort. With so many offerings available within the town itself or nearby areas, 04268 Norway makes a great home for anyone looking to move into a small town atmosphere with plenty of activities and services to enjoy.

Norway (zip 04268) has an unemployment rate of 6.6%. The US average is 6.0%.

Norway (zip 04268) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Norway (zip 04268)
- The Sales Tax Rate for Norway (zip 04268) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Norway (zip 04268) 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 Norway (zip 04268)
- The average income of a Norway (zip 04268) resident is $20,139 a year. The US average is $28,555 a year.
- The Median household income of a Norway (zip 04268) resident is $50,507 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorway, MaineUnited States
  6.66
  -6.3%-6.2%
  31.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $27,559$37,638
  $50,507$69,021
  $65,504$85,028
  Population by Occupation
  4.1%1.2%
  0.0%0.5%
  14.0%6.8%
  8.0%10.0%
  0.0%2.5%
  12.5%11.0%
  1.0%4.8%
  0.0%0.8%
  0.0%1.9%
  1.7%4.7%
  0.0%1.9%
  4.6%7.6%
  0.0%0.1%
  2.6%4.2%
  9.4%9.3%
  20.0%14.0%
  7.5%2.1%
  5.4%7.0%
  5.1%4.8%
  4.2%4.7%
Health