Zip 04475 (Passadumkeag, ME) Economy


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United States / Maine / Bangor Metro Area / Penobscot County / No City / Passadumkeag (zip 04475)
Passadumkeag, ME is a small town located in Penobscot County. The population of the town is about 590 people, and the median two-bedroom rent in the area is $970, making it significantly cheaper than the US average of $1,430. Prices on groceries are also lower compared to the US average. Many local businesses offer prices that match this affordability. Some notable businesses include C&D Grocery Store, This 'n' That General Store, and Terry's Place Hardware. All three offer competitive pricing on goods that suit locals’ needs at an affordable rate.

Passadumkeag (zip 04475) has an unemployment rate of 5.3%. The US average is 6.0%.

Passadumkeag (zip 04475) 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 Passadumkeag (zip 04475)
- The Sales Tax Rate for Passadumkeag (zip 04475) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Passadumkeag (zip 04475) 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 Passadumkeag (zip 04475)
- The average income of a Passadumkeag (zip 04475) resident is $26,768 a year. The US average is $37,638 a year.
- The Median household income of a Passadumkeag (zip 04475) resident is $43,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPassadumkeag, MaineUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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