04985 West Forks, ME is a small town with a population of about 400. The median 2-bedroom rent in 04985 West Forks is $900, which is much lower than the US median of $1430 for the same type of housing. There are many local companies that provide employment opportunities including logging firms, fishing companies, and agricultural businesses. This keeps rent costs low in 04985 West Forks compared to other areas around the country due to higher demand for housing in other areas. Additionally, the Grocery Cost Index for 04985 West Forks is 103 versus 100 for the US as a whole, showing that grocery prices are slightly higher here than elsewhere.
West Forks (zip 04985) has an unemployment rate of 6.9%. The US average is 6.0%.
West Forks (zip 04985) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for West Forks (zip 04985)
- The Sales Tax Rate for West Forks (zip 04985) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for West Forks (zip 04985) 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 West Forks (zip 04985)
- The average income of a West Forks (zip 04985) resident is $37,501 a year. The US average is $37,638 a year.
- The Median household income of a West Forks (zip 04985) resident is $0 a year. The US average is $69,021 a year.