Zip 04276 (Rumford, ME) Economy


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United States / Maine / No Metro Area / Oxford County / No City / Rumford (zip 04276)
Rumford, ME (04276) is a small city in the Northern part of the state, with a population of just over 7,000. The 2 bedroom rent in Rumford is quite lower than the average US rental rate at $990, making it an attractive option for those looking to save some money on rent. Grocery Cost Index is higher than the US average at 103, although this difference isn't too significant. \nIf you decide to settle down in Rumford, ME you will have access to several local companies such as Twin Rivers Timberlands, a forestry management company that has been around since 1923; B&A Power Equipment, which specializes in lawn and garden products like tractors and snow blowers; and Stantec Consulting Services which offers engineering services for residential and commercial projects. All these companies offer great job opportunities, so if you're looking for work you should consider living in Rumford!

Rumford (zip 04276) has an unemployment rate of 6.6%. The US average is 6.0%.

Rumford (zip 04276) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Rumford (zip 04276)
- The Sales Tax Rate for Rumford (zip 04276) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Rumford (zip 04276) 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 Rumford (zip 04276)
- The average income of a Rumford (zip 04276) resident is $18,712 a year. The US average is $28,555 a year.
- The Median household income of a Rumford (zip 04276) resident is $44,870 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRumford, MaineUnited States
  6.66
  -6.3%-6.2%
  31.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $27,412$37,638
  $44,870$69,021
  $61,429$85,028
  Population by Occupation
  2.2%1.2%
  0.0%0.5%
  10.7%6.8%
  18.6%10.0%
  2.1%2.5%
  11.0%11.0%
  3.5%4.8%
  0.2%0.8%
  0.0%1.9%
  2.4%4.7%
  1.7%1.9%
  1.9%7.6%
  0.0%0.1%
  1.3%4.2%
  14.1%9.3%
  16.5%14.0%
  3.7%2.1%
  4.3%7.0%
  3.4%4.8%
  2.5%4.7%
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