04979 Solon, ME is an attractive place to live. The median two bedroom rent in 04979 Solon, ME is $940 compared to $1,430 in the US. This makes 04979 Solon, ME an affordable place to live. In addition, the Grocery Cost Index for 04979 Solon, ME is 104 versus 100 in the US, making food more affordable than other parts of the country.
04979 Solon, ME is home to many great local companies such as The Maine Grains Mill & Bakehouse, Seal Cove Auto Museum and Overmere Construction. These businesses add to the unique character of this area and provide employment opportunities for local residents.
All in all, 04979 Solon, ME has a cost of living that is lower than many places in the US while still offering plenty of local job opportunities. With low rent prices and a favorable grocery cost index rating 04979 Solon, ME can be an ideal place for those looking for a high quality of life without breaking the bank.
Solon (zip 04979) has an unemployment rate of 6.9%. The US average is 6.0%.
Solon (zip 04979) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Solon (zip 04979)
- The Sales Tax Rate for Solon (zip 04979) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Solon (zip 04979) 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 Solon (zip 04979)
- The average income of a Solon (zip 04979) resident is $30,344 a year. The US average is $37,638 a year.
- The Median household income of a Solon (zip 04979) resident is $48,500 a year. The US average is $69,021 a year.