Economy in Zip 04668 (Princeton, ME)

Princeton, ME (04668) is a small town with an estimated population of around 1,000 people. Living costs are very affordable in Princeton compared to the US overall; the average rent for a two-bedroom apartment is $900 versus $1,430 in the US and the Grocery Cost Index is 102 versus 100 nationally.
In terms of local businesses in Princeton, there’s something for everyone. For those looking to buy fresh produce, The Thompson Farm specializes in growing organic produce as well as selling homemade jams and jellies. Estes Fuel & Oil Co Inc offers fuel delivery services as well as oil and energy products such as wood pellets and kerosene. Meanwhile, Hanover Garden Center provides everything from garden supplies to outdoor furniture while also offering garden design services. Finally, Trafton Auto Repair has over 20 years of experience repairing cars and trucks and providing general maintenance services such as oil changes and tire rotation.

Princeton (zip 04668) has an unemployment rate of 7.9%. The US average is 6.0%.

Princeton (zip 04668) 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 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Princeton (zip 04668)
- The Sales Tax Rate for Princeton (zip 04668) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Princeton (zip 04668) 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 Princeton (zip 04668)
- The average income of a Princeton (zip 04668) resident is $17,508 a year. The US average is $28,555 a year.
- The Median household income of a Princeton (zip 04668) resident is $43,750 a year. The US average is $69,021 a year.