Zip 04572 (Waldoboro, ME) Economy


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United States / Maine / No Metro Area / Lincoln County / No City / Waldoboro (zip 04572)
Waldoboro, ME (04572) is a small town with a population of about 3,000 people located in Knox County. The 2 Bedroom Rent in Waldoboro is $1,140 which is significantly lower than the US Avg. of $1,430. In addition to rent, groceries are also more affordable with a Grocery Cost Index of 105 compared to the US index of 100. Local companies in Waldoboro include New Meadows Marina & Boatyard, Whits End Stables LLC, and Backyard Farms Inc., all offering excellent services to the community. All together this adds up to a great cost-of-living benefit, making Waldoboro an attractive place for those seeking an affordable lifestyle close to nature.

Waldoboro (zip 04572) has an unemployment rate of 5.7%. The US average is 6.0%.

Waldoboro (zip 04572) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.

Tax Rates for Waldoboro (zip 04572)
- The Sales Tax Rate for Waldoboro (zip 04572) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Waldoboro (zip 04572) 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 Waldoboro (zip 04572)
- The average income of a Waldoboro (zip 04572) resident is $35,497 a year. The US average is $37,638 a year.
- The Median household income of a Waldoboro (zip 04572) resident is $44,182 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaldoboro, MaineUnited States
  5.76
  -6.1%-6.2%
  33.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $35,497$37,638
  $44,182$69,021
  $69,906$85,028
  Population by Occupation
  4.8%1.2%
  0.0%0.5%
  15.5%6.8%
  6.2%10.0%
  1.3%2.5%
  10.6%11.0%
  3.5%4.8%
  0.0%0.8%
  2.3%1.9%
  2.5%4.7%
  0.0%1.9%
  2.1%7.6%
  0.0%0.1%
  4.1%4.2%
  10.9%9.3%
  22.5%14.0%
  2.0%2.1%
  1.5%7.0%
  4.1%4.8%
  6.1%4.7%
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