Located in central Maine, Waterville (zip code 04901) is a small city of approximately 16,000 people. The cost of living here is lower than the national average, with the median 2-bedroom rent being $920 and a grocery cost index of 105. This makes it an affordable place to live for many families looking for a more rural lifestyle. Popular local companies in the area include Bemis Associates, Colby College, Creative State Solutions, and the Hutchison Manufacturing Company. Each company offers a variety of employment opportunities for those seeking to stay close to home.
Waterville (zip 04901) has an unemployment rate of 5.2%. The US average is 6.0%.
Waterville (zip 04901) has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Waterville (zip 04901)
- The Sales Tax Rate for Waterville (zip 04901) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Waterville (zip 04901) 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 Waterville (zip 04901)
- The average income of a Waterville (zip 04901) resident is $27,946 a year. The US average is $37,638 a year.
- The Median household income of a Waterville (zip 04901) resident is $46,358 a year. The US average is $69,021 a year.