Orono, Maine (04473) is a small town located in Penobscot County. It has a population of around 10,000 people, making it the ideal setting for those looking for a quieter and more peaceful lifestyle. The average two-bedroom rent in Orono is $1,340 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Orono is 107 versus 100 in the US. This makes the cost of living slightly higher than other parts of the country but with many advantages.
Orono is home to several popular companies such as Plum Creek Timber Co., Waban Projects and University Credit Union as well as local restaurants and attractions like Beal College and University of Maine Museum of Art. Living here offers an affordable way to enjoy all that Orono has to offer while still having access to big city amenities without the high price tag.
Orono (zip 04473) has an unemployment rate of 5.3%. The US average is 6.0%.
Orono (zip 04473) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.
Tax Rates for Orono (zip 04473)
- The Sales Tax Rate for Orono (zip 04473) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Orono (zip 04473) 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 Orono (zip 04473)
- The average income of a Orono (zip 04473) resident is $35,557 a year. The US average is $37,638 a year.
- The Median household income of a Orono (zip 04473) resident is $51,233 a year. The US average is $69,021 a year.