Zip 04492 (Waite, ME) Economy


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United States / Maine / No Metro Area / Washington County / No City / Waite (zip 04492)
Waite, ME 04492 is a small town located in Washington County. It has a population of approximately 500 people. The cost of living here is very affordable compared to other towns in the region. For example, the average two-bedroom rent in Waite is only $880, while the US average for the same size apartment is $1,430. Additionally, Waite has a grocery cost index of 102 compared to an index of 100 in the US.
Waite has several local businesses such as Stowe's Farm & Garden Center that offers lawn care services and supplies; Duncan's Campground which provides camping experiences; Morningstar Farm which offers fresh produce and animal products; and Sunrise Family Café which serves breakfast, lunch, and dinner. All these businesses provide locals with jobs and essential services making it an excellent place to live.

Waite (zip 04492) has an unemployment rate of 7.9%. The US average is 6.0%.

Waite (zip 04492) has seen the job market decrease by -4.2% 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 Waite (zip 04492)
- The Sales Tax Rate for Waite (zip 04492) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Waite (zip 04492) 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 Waite (zip 04492)
- The average income of a Waite (zip 04492) resident is $17,551 a year. The US average is $37,638 a year.
- The Median household income of a Waite (zip 04492) resident is $43,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaite, MaineUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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