Income & Economy in Biddeford city, ME (04005)
Median Income
$71,268
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,121
Wealth inflow
Population
24,698
Unemployment
2.8%
0.9pp below US avg
IRS migration statistics show a net inflow of about 1,121 for ZIP 04005 (Biddeford city, ME) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 04005 (2020–Present)
Since 2020, population grew 5.3%, median income rose 5.6% (inflation-adjusted), home values increased 13.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $71,268 |
| Unemployment | 2.8% |
| Establishments | 755 |
| Employees | 11,252 |