Zip 04575 (West Boothbay Harbor, ME) Economy


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United States / Maine / No Metro Area / Lincoln County / No City / West Boothbay Harbor (zip 04575)
04575 West Boothbay Harbor, ME is a quaint coastal town with a population of 2,350. Located in Lincoln County, the city is known for its picturesque shoreline and abundance of outdoor activities. The local businesses are largely based on tourism and the seafood industry. Some popular companies in the area include Maine Lobster Express, Harbor Fish Market & Grill, and Captain Joe’s Boat Tours. The two-bedroom rent in West Boothbay Harbor is $1,200 per month, whereas the US average is $1,430. The grocery cost index is also lower than the US average at 126 versus 100 in the US. This makes West Boothbay Harbor an attractive place to live with a relatively low cost of living compared to other areas within the country.

West Boothbay Harbor (zip 04575) has an unemployment rate of 5.7%. The US average is 6.0%.

West Boothbay Harbor (zip 04575) has seen the job market decrease by -6.1% 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 West Boothbay Harbor (zip 04575)
- The Sales Tax Rate for West Boothbay Harbor (zip 04575) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for West Boothbay Harbor (zip 04575) 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 Boothbay Harbor (zip 04575)
- The average income of a West Boothbay Harbor (zip 04575) resident is $48,691 a year. The US average is $37,638 a year.
- The Median household income of a West Boothbay Harbor (zip 04575) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Boothbay Harbor, MaineUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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