Old Orchard Beach, ME 04064 is a beautiful beach town located in York County. It is known for its seven miles of sandy beaches along the Atlantic Ocean, which makes it one of the most popular tourist spots in the region. The cost of renting a two-bedroom apartment in Old Orchard Beach is $1,540, which is slightly higher than the US average of $1,430. Additionally, living costs such as groceries are slightly higher than US averages with the Grocery Cost Index being 110 compared to 100 nationally. Old Orchard Beach has plenty of attractions and activities available for visitors and residents alike. Popular local businesses include Pier Fries & Grill, Bintliff’s American Café, Old Orchard Beach Pizza Company and many more. There are also several local landmarks to check out when visiting this beach town such as Palace Playland amusement park, Ferry Beach State Park and The Dunegrass Golf Club.
Old Orchard Beach (zip 04064) has an unemployment rate of 5.8%. The US average is 6.0%.
Old Orchard Beach (zip 04064) has seen the job market decrease by -6.0% 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 Old Orchard Beach (zip 04064)
- The Sales Tax Rate for Old Orchard Beach (zip 04064) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Old Orchard Beach (zip 04064) 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 Old Orchard Beach (zip 04064)
- The average income of a Old Orchard Beach (zip 04064) resident is $45,346 a year. The US average is $37,638 a year.
- The Median household income of a Old Orchard Beach (zip 04064) resident is $56,408 a year. The US average is $69,021 a year.