Zip 04281 (South Paris, ME) Economy


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United States / Maine / No Metro Area / Oxford County / No City / South Paris (zip 04281)
South Paris, ME (04281) is a small town in Oxford County with an estimated population of 2,634. Residents of the area enjoy a lower cost of living than most in the US, especially when it comes to housing as 2 bedroom rents average at $980 compared to the national average of $1,430. The index for grocery costs is also 105 compared to 100 nationally. The town is home to several notable companies like Norway Savings Bank, Oxford Hills Comprehensive High School, and Pat’s Pizza & Seafood Restaurant. South Paris is an ideal spot for those looking for a peaceful place with access to affordable rent and goods as well as local establishments that cater to their needs.

South Paris (zip 04281) has an unemployment rate of 6.6%. The US average is 6.0%.

South Paris (zip 04281) 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 South Paris (zip 04281)
- The Sales Tax Rate for South Paris (zip 04281) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for South Paris (zip 04281) 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 South Paris (zip 04281)
- The average income of a South Paris (zip 04281) resident is $20,007 a year. The US average is $28,555 a year.
- The Median household income of a South Paris (zip 04281) resident is $51,442 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Paris, MaineUnited States
  6.66
  -6.3%-6.2%
  31.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $27,100$37,638
  $51,442$69,021
  $64,191$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  11.6%6.8%
  19.0%10.0%
  0.0%2.5%
  16.2%11.0%
  0.9%4.8%
  0.0%0.8%
  1.9%1.9%
  4.9%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  4.1%4.2%
  15.8%9.3%
  18.4%14.0%
  4.0%2.1%
  0.0%7.0%
  0.0%4.8%
  3.0%4.7%
Health