Zip 04087 (Waterboro, ME) Economy


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04087 Waterboro, ME is a great place to live. The two bedroom rent costs $1,830 and is much lower than the US average which stands at $1,430. The grocery cost index for 04087 Waterboro is 108 compared to the US average of 100 which means food and other necessities are still affordable in this area of Maine.
The town also has a lot to offer when it comes to local businesses. There are companies such as Central Maine Power Company that provide electrical power to the area, and Laing's Market which provides groceries and other essentials. For those looking for leisure activities there are many parks and outdoor areas such as Bauneg Beg Lake State Park and Little Ossipee Lake where one can enjoy swimming or other fun activities.

Waterboro (zip 04087) has an unemployment rate of 5.8%. The US average is 6.0%.

Waterboro (zip 04087) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.

Tax Rates for Waterboro (zip 04087)
- The Sales Tax Rate for Waterboro (zip 04087) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Waterboro (zip 04087) 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 Waterboro (zip 04087)
- The average income of a Waterboro (zip 04087) resident is $32,351 a year. The US average is $37,638 a year.
- The Median household income of a Waterboro (zip 04087) resident is $83,219 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaterboro, 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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