Zip 04063 (Old Orchard Beach, ME) Economy


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United States / Maine / Portland-South Portland Metro Area / York County / No City / Old Orchard Beach (zip 04063)
Old Orchard Beach, ME (Zip Code 04063) is a seaside town in the state of Maine. It boasts some great local companies and amenities for its residents. For example, there is Grandview Farm and Greenhouse – a family owned business that specializes in fresh fruits and vegetables – as well as The Lobster Shack at Two Lights, which serves up locally sourced seafood dishes. There is also a variety of retail stores like the Old Orchard Beach Trading Post, where people can find unique gifts and souvenirs. Additionally, the town has access to amazing outdoor activities such as hiking trails and beaches. All these features combined make Old Orchard Beach a great place to live in for families or people looking for a good quality of life.

Old Orchard Beach (zip 04063) has an unemployment rate of 5.8%. The US average is 6.0%.

Old Orchard Beach (zip 04063) 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 Old Orchard Beach (zip 04063)
- The Sales Tax Rate for Old Orchard Beach (zip 04063) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Old Orchard Beach (zip 04063) 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 04063)
- The average income of a Old Orchard Beach (zip 04063) resident is $26,180 a year. The US average is $28,555 a year.
- The Median household income of a Old Orchard Beach (zip 04063) resident is $53,219 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOld Orchard Beach, MaineUnited States
  5.86
  -6.0%-6.2%
  40.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $48,603$37,638
  $53,219$69,021
  $94,063$85,028
  Population by Occupation
  6.9%1.2%
  0.0%0.5%
  9.4%6.8%
  3.7%10.0%
  0.0%2.5%
  5.3%11.0%
  8.6%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  10.2%1.9%
  8.2%7.6%
  0.0%0.1%
  0.0%4.2%
  19.6%9.3%
  15.1%14.0%
  1.6%2.1%
  0.0%7.0%
  4.9%4.8%
  6.5%4.7%
Health