ExecutivePulse
ME

Maine

FIPS 23 · Population 1,387,817
6 Sources Updated June 22, 2026
1.4M
Population
334,922,499 U.S.
$74,733
Median Income
$80,734 national
$99.2B
GDP
3%
Unemployment
4% national

County Map

Click a county to view its economic profile

Demographics & Population

Census Bureau American Community Survey 2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
Median Household
$74,733
Per Capita
$43,742
Mean Household
$100,102
Poverty Rate
10.7%

Age & Race / Ethnicity

Source: Census Bureau ACS 2024 · Tables B01001, B02001, B03003
65+: 22.4% (310,420 residents) 55-64: 15.1% (210,067 residents) 35-54: 24.4% (338,821 residents) 18-34: 20% (277,969 residents) Under 18: 18.1% (250,540 residents) 45 Median Age
Cohorts
Under 18 · 18.1%
18-34 · 20%
35-54 · 24.4%
55-64 · 15.1%
65+ · 22.4%
Race & Ethnicity
White90.5%
Black or African American1.8%
Asian1.2%
Hispanic or Latino(any race)2.2%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2024 · Table B15003 · Population 25+
94.8%
High School+
National: 89.6%
▲ +5.2 pts
36.2%
Bachelor's+
National: 35.7%
▲ +0.5 pts
13.7%
Graduate+
National: 14.1%
▼ 0.4 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
1,387,817
Population
721,822
Labor Force
Employed
692,551
Unemployment Rate BLS LAUS 2024 annual
3%
Mean Commute 2 min below national avg
24.6 min
Work From Home vs 15.1% national
15.9%
Maine's median household income sits 7% below the national median. At 10.7%, its poverty rate runs 1.8 pts below the ~12.5% national level, relevant for federal funding eligibility narratives. Bachelor's-or-higher attainment of 36.2% exceeds the national average of 35.7%.
Source: U.S. Census Bureau American Community Survey 2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
  • Aging population: Median age of 45 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$99.2B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · SAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
IndustryEmployment% of Top SectorsAvg Wage
1Health Care and Social Assistance
113,736 25.7%
$66,314
2Retail Trade
80,790 18.2%
$41,438
3Accommodation and Food Services
59,610 13.4%
$33,141
4Manufacturing
51,001 11.5%
$73,997
5Professional, Scientific, and Technical Services
32,784 7.4%
$110,122
6Administrative and Support and Waste Management
26,552 6.0%
$53,747
7Finance and Insurance
22,925 5.2%
$111,725
8Wholesale Trade
18,819 4.2%
$97,908
9Management of Companies and Enterprises
18,674 4.2%
$109,440
10Other Services (except Public Administration)
18,460 4.2%
$51,245
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Key Takeaways
  • Largest sector: Health Care and Social Assistance employs 113,736 workers (25.7% of the tracked sectors), at an average wage of $66,314.
  • Economic scale: State GDP of $99.2B (2024).
Source: BLS QCEW + BEA Regional GDP.

Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces specialization the supersector view masks.
Fishing, Hunting and Trapping
21.11x
659
Leather and Allied Product Manufacturing
12.31x
1,219
Forestry and Logging
9.11x
1,742
Scenic and Sightseeing Transportation
3.37x
425
Paper Manufacturing
2.74x
4,028
Wood Product Manufacturing
2.48x
4,169
Gasoline Stations and Fuel Dealers
2.19x
9,587
Crop Production
1.93x
4,272
Beverage and Tobacco Product Manufacturing
1.83x
2,505
Textile Product Mills
1.81x
703

Attraction Opportunities - Below-Average Industries

LQ < 0.5, below-average employment, potential attraction targets. Source: BLS QCEW · 3-digit NAICS sub-sector
0.11x
Air Transportation
270 employed
0.17x
Primary Metal Manufacturing
262 employed
0.21x
Electrical Equipment, Appliance Manufacturing
372 employed
0.24x
Support Activities for Agriculture and Forestry
380 employed
0.29x
Pipeline Transportation
69 employed
0.33x
Wholesale Trade Agents and Brokers
607 employed
0.36x
Machinery Manufacturing
1,637 employed
0.39x
Computing Infrastructure Providers and Data Processing
794 employed
Key Takeaways
  • Top specialization: Fishing, Hunting and Trapping concentrates at 21.11x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.
Source: BLS QCEW sub-sector Location Quotients.
Industry Employment Composition
Maine's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of the top private supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2024 5-Year Estimates · Tables B25001, B25077, B25064
$296,600
Median Home Value vs 2019
$1,139
Rent/Mo
74.3%
Owner-Occ
20.6%
Vacancy
4.0x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents (Statewide)

Renter-household-weighted average across 529 Fair Market Rent areas · Source: HUD · Fair Market Rents FY2026
Studio
$1,222/mo$863 to $1,518
1 Bedroom
$1,323/mo$949 to $1,678
2 Bedroom
$1,681/mo$1,224 to $2,202
3 Bedroom
$2,152/mo$1,672 to $2,640
4 Bedroom
$2,397/mo$1,739 to $3,694
30% of monthly median household income (~$1,868/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 4.0x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 74.3% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 20.6% vacancy rate; potential redevelopment opportunity.
Source: Census ACS housing tables.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2024 · Tables B01001, B23025, B08303, B08301
826,857
Working Age (18-64) vs 2019
Labor force participation rate: 63.5% of working-age population (18-64) 64% Participation
▼ vs 2019
Mean Commute
24.6 min
Work From Home
15.9%

Education & Talent Pipeline

Source: Census ACS 2024 · Table B15003 · College Scorecard
Bachelor's+
36.2%
HS Diploma+
94.8%
Top Institutions
Degrees, certificates, and other credentials awarded last academic year (College Scorecard).
University of Maine 2,876/yr
University of Southern Maine 1,918/yr
University of New England 1,557/yr
Husson University 1,065/yr
Southern Maine Community College 804/yr
Colby College 734/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
25.4%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2024 · Table C24010 · Civilian employed population 16+
Management / Professional
42.5%
Service
15.8%
Sales & Office
19.6%
Construction / Maint.
10.3%
Production / Transport
11.9%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 692,551 employed workers.
Key Takeaways
  • Succession risk is real: 25.4% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
Source: ACS workforce data.

County Profiles

16 counties in Maine

Androscoggin County FIPS 23001 Aroostook County FIPS 23003 Cumberland County FIPS 23005 Franklin County FIPS 23007 Hancock County FIPS 23009 Kennebec County FIPS 23011 Knox County FIPS 23013 Lincoln County FIPS 23015 Oxford County FIPS 23017 Penobscot County FIPS 23019 Piscataquis County FIPS 23021 Sagadahoc County FIPS 23023 Somerset County FIPS 23025 Waldo County FIPS 23027 Washington County FIPS 23029 York County FIPS 23031

AI Insights

AI-assisted analysis, drawn from 6 federal data sources

Sample AI Insight

Maine shows strong potential for fishing, hunting and trapping attraction, with a 21.11x concentration and 659 jobs in this sub-sector. Near-term succession risk is elevated, with 25.4% of the working-age population within 10 years of retirement age.

Cluster depth across fishing, hunting and trapping, leather and allied product manufacturing, and forestry and logging creates supply-chain attraction leverage, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025
BEA Regional GDP2024
Census CBP2024
HUD Fair Market RentsFY2026
USAspending.govFY2026

Frequently Asked Questions

Key economic and demographic figures for Maine, from federal data sources.

What is the population of Maine?

1,387,817 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Maine?

$74,733 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Maine?

3% (2024 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Maine?

$99.2B (BEA SAGDP (state GDP)).