Buckfield, ME (04220) is a small town in southern Maine with a population of 2,375 people according to the 2010 census. The median rent for a two-bedroom apartment in Buckfield is $1,140 per month which is significantly lower than the national median of $1,430 per month. Additionally, the Grocery Cost Index in Buckfield is 105 relative to 100 nationally.
Local businesses that make up the fabric of Buckfield range from small family owned restaurants like The Grill at G&G's and The Gabriel's Restaurant & Pub to larger corporate stores such as Walmart and Dunkin Donuts. These businesses help provide jobs and services to the community while also bringing revenue into the local economy. In addition to serving local residents, many of these businesses draw tourists from out of town who come for outdoor activities such as hunting or fishing as well as skiing and snowmobiling during winter months. With its close proximity to Portland and Lewiston-Auburn, Buckfield enjoys all the benefits of small town living with easy access to some of Maine's largest cities.
Buckfield (zip 04220) has an unemployment rate of 6.6%. The US average is 6.0%.
Buckfield (zip 04220) has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Buckfield (zip 04220)
- The Sales Tax Rate for Buckfield (zip 04220) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Buckfield (zip 04220) is 7.2%. The US average is 4.6%.
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Income and Salaries for Buckfield (zip 04220)
- The average income of a Buckfield (zip 04220) resident is $31,978 a year. The US average is $37,638 a year.
- The Median household income of a Buckfield (zip 04220) resident is $77,652 a year. The US average is $69,021 a year.