Zip 04285 (Weld, ME) Economy


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United States / Maine / No Metro Area / Franklin County / No City / Weld (zip 04285)
04285 Weld, ME is an area with a relatively low cost of living. The 2 bedroom rent in the area is $930, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in 04285 Weld, ME is 106 versus 100 in the US. This makes 04285 Weld, ME an affordable place to live for those looking forless expensive housing or groceries. There are many local companies such as Econolodge by Wyndham Rangeley and Sugarloaf Mountain Corporation that provide jobs and amenities in the area.

Weld (zip 04285) has an unemployment rate of 5.5%. The US average is 6.0%.

Weld (zip 04285) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Weld (zip 04285)
- The Sales Tax Rate for Weld (zip 04285) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Weld (zip 04285) 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 Weld (zip 04285)
- The average income of a Weld (zip 04285) resident is $24,338 a year. The US average is $28,555 a year.
- The Median household income of a Weld (zip 04285) resident is $55,066 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWeld, MaineUnited States
  5.56
  -7.0%-6.2%
  26.3%33.5%
  5.5%6.2%
  6.8%4.6%
  $29,199$37,638
  $55,066$69,021
  $56,513$85,028
  Population by Occupation
  5.9%1.2%
  0.0%0.5%
  17.1%6.8%
  6.6%10.0%
  1.3%2.5%
  13.8%11.0%
  0.0%4.8%
  0.0%0.8%
  0.7%1.9%
  1.3%4.7%
  0.0%1.9%
  7.9%7.6%
  0.0%0.1%
  3.9%4.2%
  7.9%9.3%
  13.2%14.0%
  3.3%2.1%
  9.2%7.0%
  2.0%4.8%
  5.9%4.7%
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