The small town of Palmyra, ME (zip code 04965) offers a unique lifestyle with affordable housing prices. The average rent for a two bedroom apartment in the area is only $920, compared to the national average of $1,430 - making it an appealing option for renters on a budget. The cost of groceries in Palmyra is also lower than the US average, scoring 103 on the grocery cost index versus 100 nationally.
In addition to being an affordable place to live, Palmyra has plenty of local businesses to explore. Shopping enthusiasts will find plenty of options at places like Sandy's Variety Store and Northwoods Trading Post; while those looking for more practical needs can visit Marden's Surplus & Salvage or Thomas Family Farm for all their agricultural needs. For entertainment, the town features many attractions such as the Maine Wildlife Park and Snow Bowl ski resort. \nPalmyra is a small but vibrant community that offers residents an array of amenities at an incredibly low cost. With its unique culture and variety of local businesses, it certainly makes a great place to call home!
Palmyra (zip 04965) has an unemployment rate of 6.9%. The US average is 6.0%.
Palmyra (zip 04965) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Palmyra (zip 04965)
- The Sales Tax Rate for Palmyra (zip 04965) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Palmyra (zip 04965) 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 Palmyra (zip 04965)
- The average income of a Palmyra (zip 04965) resident is $19,684 a year. The US average is $28,555 a year.
- The Median household income of a Palmyra (zip 04965) resident is $61,250 a year. The US average is $69,021 a year.