Zip 03907 (Ogunquit, ME) Economy


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Ogunquit, ME (03907) is an ideal destination for those looking for a more relaxed vacation. Located on the coast of Southern Maine, Ogunquit offers scenic views of the Atlantic Ocean and is home to a variety of activities and attractions. Renters looking to move to Ogunquit can look forward to a two-bedroom rent of $2,010 as compared to the US average of $1,430. Grocery costs in the area are also slightly more expensive than the national average with an index rate of 116.
Ogunquit is home to many local companies such as Beachmere Inn and Marshwood Vacation Rentals that offer unique lodging options or rental spaces for visitors. The town also has great dining options like Angelina’s Ristorante Italiano and Sea Kettle Bistro & Bar. Visitors can explore everything from the Marginal Way walkway to Perkins Cove which provides stunning visuals and natural beauty. With miles of beaches, art galleries and shops, Ogunquit provides plenty of exciting activities for all ages.

Ogunquit (zip 03907) has an unemployment rate of 5.8%. The US average is 6.0%.

Ogunquit (zip 03907) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.

Tax Rates for Ogunquit (zip 03907)
- The Sales Tax Rate for Ogunquit (zip 03907) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Ogunquit (zip 03907) 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 Ogunquit (zip 03907)
- The average income of a Ogunquit (zip 03907) resident is $47,827 a year. The US average is $28,555 a year.
- The Median household income of a Ogunquit (zip 03907) resident is $80,673 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOgunquit, MaineUnited States
  5.86
  -6.0%-6.2%
  40.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $65,288$37,638
  $80,673$69,021
  $96,250$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  6.4%6.8%
  19.0%10.0%
  0.0%2.5%
  5.1%11.0%
  0.4%4.8%
  0.0%0.8%
  1.9%1.9%
  2.4%4.7%
  2.3%1.9%
  9.8%7.6%
  0.0%0.1%
  4.7%4.2%
  7.1%9.3%
  6.8%14.0%
  8.3%2.1%
  20.1%7.0%
  0.0%4.8%
  5.5%4.7%
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