Portland, Maine (04109) is an excellent place to live: the two-bedroom rent in the area is $1,810, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index is 117 compared to 100 in the US. This makes Portland a great choice for those looking to save money while living comfortably.
The city also offers plenty of exciting activities and culture. There are numerous local businesses such as Rising Tide Brewing Company, O'Maine Studios, and Grand View Topside Farm that offer incredible goods and services unique to Portland. Meanwhile, visitors can take advantage of outdoor attractions like Casco Bay Lines for sightseeing cruises or explore Fort Williams Park with its iconic Portland Head Lighthouse. Whatever your interests are, there's something for everyone in Portland!
Portland (zip 04109) has an unemployment rate of 5.2%. The US average is 6.0%.
Portland (zip 04109) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Portland (zip 04109)
- The Sales Tax Rate for Portland (zip 04109) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Portland (zip 04109) 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 Portland (zip 04109)
- The average income of a Portland (zip 04109) resident is $42,802 a year. The US average is $37,638 a year.
- The Median household income of a Portland (zip 04109) resident is $0 a year. The US average is $69,021 a year.