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Zip 04464 (Monson, ME) Economy


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United States / / No City / Monson (zip 04464)
Monson, ME (04464) is a small town in Piscataquis County, located in central Maine. It has a population of around 800 people, making it an ideal place to find peace and quiet. For those looking to move here, there are some great options for both renting and buying. The average two-bedroom rental cost in Monson is $860 per month – much lower than the national average rent of $1,430! Grocery costs are also very affordable; the grocery cost index here is 105 compared to 100 in the US.
If you're looking for employment opportunities while living in Monson, Total Wood Pellet’s milling facility is one of the largest employers in town. Other local businesses include Hillcrest Construction Company, Pine Grove Farms LLC, Plantation Home Center & Hardware Store, and A & J Marine Services Inc. With its low housing and grocery costs, Monson can be an ideal place for anyone looking for a peaceful home or wanting to invest in a rural area with incredible natural beauty.

Monson (zip 04464) has an unemployment rate of 5.9%. The US average is 6.0%.

Monson (zip 04464) 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 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Monson (zip 04464)
- The Sales Tax Rate for Monson (zip 04464) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Monson (zip 04464) is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing ºÚÁÏÉçÇø.

Income and Salaries for Monson (zip 04464)
- The average income of a Monson (zip 04464) resident is $28,397 a year. The US average is $37,638 a year.
- The Median household income of a Monson (zip 04464) resident is $49,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMonson, 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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