Zip 04973 (Searsmont, ME) Economy


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United States / Maine / No Metro Area / Waldo County / No City / Searsmont (zip 04973)
Searsmont, ME (zip code 04973) is an idyllic town located just a few miles from Camden and Belfast. It offers peace and quiet with plenty of outdoor activities nearby. The average 2 bedroom apartment rent in Searsmont is $1,170, which is slightly lower than the US average of $1,430. The Grocery Cost Index for Searsmont is 107 compared to 100 for the US as a whole. Local businesses in Searsmont include Rose Mary’s Restaurant & Bakery, C.M. Stever Hardware Store, and All Things Fabulous Gift Shoppe. There are also several places to explore nature such as the Sears Island State Park and Penobscot Bay.

Searsmont (zip 04973) has an unemployment rate of 5.5%. The US average is 6.0%.

Searsmont (zip 04973) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 34.9%, which is higher than the US average of 33.5%.

Tax Rates for Searsmont (zip 04973)
- The Sales Tax Rate for Searsmont (zip 04973) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Searsmont (zip 04973) 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 Searsmont (zip 04973)
- The average income of a Searsmont (zip 04973) resident is $21,824 a year. The US average is $28,555 a year.
- The Median household income of a Searsmont (zip 04973) resident is $86,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySearsmont, MaineUnited States
  5.56
  -6.0%-6.2%
  34.9%33.5%
  5.5%6.2%
  6.8%4.6%
  $36,247$37,638
  $86,667$69,021
  $100,550$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  7.3%6.8%
  7.7%10.0%
  1.4%2.5%
  6.4%11.0%
  0.5%4.8%
  0.4%0.8%
  0.8%1.9%
  10.2%4.7%
  4.0%1.9%
  2.6%7.6%
  0.5%0.1%
  2.9%4.2%
  7.8%9.3%
  29.8%14.0%
  0.9%2.1%
  4.7%7.0%
  9.1%4.8%
  2.2%4.7%
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