Lebanon, Maine (04027) is an exceptional place to live with it's affordable rental prices. Two bedroom apartments in Lebanon cost an average of $1,620 per month, which is less than the US 2 Bedroom Rent of $1,430. Additionally, local stores offer competitive prices due to the low Grocery Cost Index (Grocery Cost Index 107 versus 100 in the US). Some of the most popular stores in Lebanon are Hannaford Supermarkets, Walgreens Pharmacy and Rite Aid. These companies offer many products at discounted prices to attract customers. Moreover, while grocery costs are slightly higher than the national average in Lebanon, shoppers can find good deals with local companies such as Shaw's supermarkets that offers low-cost weekly specials.
Lebanon (zip 04027) has an unemployment rate of 5.8%. The US average is 6.0%.
Lebanon (zip 04027) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.
Tax Rates for Lebanon (zip 04027)
- The Sales Tax Rate for Lebanon (zip 04027) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Lebanon (zip 04027) 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 Lebanon (zip 04027)
- The average income of a Lebanon (zip 04027) resident is $32,886 a year. The US average is $37,638 a year.
- The Median household income of a Lebanon (zip 04027) resident is $92,117 a year. The US average is $69,021 a year.