Franklin County, Maine

• Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
• Aging population: Median age of 46 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

• Largest sector: Health Care and Social Assistance employs 1,840 workers (30.3% of tracked sectors), at an average wage of $59,396.
• Economic scale: Regional GDP of $1.5B (2024).
• Wage stratification: Finance and Insurance averages $67,628 while Accommodation and Food Services averages $26,537, a 2.5x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Forestry and Logging concentrates at 39.54x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
• Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
• Attraction whitespace: 5 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.

• In line with national: Home value to income ratio of 3.3x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
• High home ownership: 76.3% owner-occupied; rental supply may be tight for incoming workers.
• Elevated vacancy: 40.3% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
• Affordable rent tiers: 3 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,467/mo).

• Succession risk is real: 27.1% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
• Low participation: 58.4% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
• Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 5,859 annual credentials.

Franklin County shows strong potential for forestry and logging attraction, with a 39.54x concentration and 122 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 27.1% of the working-age population within 10 years of retirement age.

The interconnected base across forestry and logging, wood product manufacturing, and amusement, gambling, and recreation industries creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.