Zip 04854 (Owls Head, ME) Economy


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United States / Maine / No Metro Area / Knox County / No City / Owls Head (zip 04854)
Owls Head, ME (04854) is a town with a population of 1,542. The 2 Bedroom Rent in the area is $1,130 which is cheaper than the US average 2 Bedroom Rent at $1,430. Moreover, the Grocery Cost Index in Owls Head is 111 compared to 100 in the US. This cost of living index implies that groceries are slightly more expensive in this area than most of the rest of the country. \nLocal businesses include David's Custom Carpentry, Mainely Lobster & Seafood LLC, Owls Head General Store & Deli and Hallett Gorman Real Estate. These companies offer services such as carpentry work, selling fresh seafoods and lobster dishes, sandwiches and deli items and real estate services respectively.

Owls Head (zip 04854) has an unemployment rate of 5.6%. The US average is 6.0%.

Owls Head (zip 04854) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Owls Head (zip 04854)
- The Sales Tax Rate for Owls Head (zip 04854) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Owls Head (zip 04854) 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 Owls Head (zip 04854)
- The average income of a Owls Head (zip 04854) resident is $29,799 a year. The US average is $28,555 a year.
- The Median household income of a Owls Head (zip 04854) resident is $69,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOwls Head, MaineUnited States
  5.66
  -7.1%-6.2%
  31.7%33.5%
  5.5%6.2%
  6.8%4.6%
  $46,223$37,638
  $69,167$69,021
  $97,833$85,028
  Population by Occupation
  10.7%1.2%
  0.0%0.5%
  14.1%6.8%
  9.6%10.0%
  1.0%2.5%
  7.5%11.0%
  15.4%4.8%
  0.0%0.8%
  0.3%1.9%
  4.4%4.7%
  1.7%1.9%
  3.4%7.6%
  0.0%0.1%
  1.4%4.2%
  4.5%9.3%
  11.3%14.0%
  2.4%2.1%
  8.3%7.0%
  1.8%4.8%
  2.3%4.7%
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