ExecutivePulse
ME

Maine

Population 1,387,817
6 Sources Updated September 10, 2026
1.4M
Population
334,922,499 U.S.
$74,733
Median Income
$80,734 national
$99.2B
GDP (current $), change real
3%
Unemployment
4.0% national

County Map

Click a county to view its economic profile

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 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 2020-2024 · Table 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%
Two or More Races5.3%
Black or African American1.8%
Asian1.2%
Some Other Race0.8%
American Indian and Alaska Native0.4%
Native Hawaiian and Other Pacific Islander0%
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 2020-2024 · 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 2020-2024 5-Year Estimates
1,387,817
Population
719,683
Labor Force
Employed
692,551
Unemployment Rate BLS LAUS 2024 annual
3%
2025 is not shown for Maine: a state annual average needs all 12 months and the Bureau of Labor Statistics has published 11. County pages draw on the separate annual series and may show 2025.
Mean Commute 2 min below national avg
24.6 min
Work From Home vs 15.1% national
15.9%
Labor Force and Employed are ACS 5-Year survey estimates; the Unemployment Rate above comes from BLS LAUS, a separate monthly survey with its own methodology. The two won't reconcile by subtracting one from the other.
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 2020-2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, affecting retail demand, housing absorption, and tax base statewide.
  • 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 · CAGDP2 Regional GDP
97.050
Cost of Living - Below Avg

Top Private-Sector Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual · Private sector only, with government shown below
Top private-sector industries by employment in Maine, with employment, share of top sectors, and average wage. Government employment is excluded and reported separately below the table.
IndustryEmployment% of Top SectorsAvg Wage
1Health Care and Social Assistance
113,852 25.6%
$66,287
2Retail Trade
80,854 18.2%
$41,432
3Accommodation and Food Services
59,722 13.4%
$33,187
4Manufacturing
51,011 11.5%
$74,002
5Professional, Scientific, and Technical Services
33,262 7.5%
$110,464
6Administrative and Support and Waste Management
26,672 6.0%
$53,765
7Finance and Insurance
22,980 5.2%
$111,711
8Wholesale Trade
18,868 4.2%
$97,944
9Management of Companies and Enterprises
18,785 4.2%
$109,697
10Other Services (except Public Administration)
18,597 4.2%
$51,368
Government employment · context only
101,670

Public-sector jobs are not in the table above and are not part of any share or location quotient on this page. Both are measured on the private economy only, 549,511 private jobs in 2025: every location quotient divides by that total, and the % of Top Sectors column divides by the sectors listed above. Private employment is the standard basis for measuring industry concentration because government employment mostly serves the resident population rather than an outside market. Nothing on this card is expected to add up with the government figure.

Track industry shifts with AI

ExecutivePulse monitors WARN notices, BLS changes, and SEC filings for your top employers.

Learn More
Key Takeaways
  • Largest private-sector industry: Health Care and Social Assistance employs 113,852 workers (25.6% of the tracked sectors), at an average wage of $66,287. Every industry figure on this page is private sector; government employs a further 101,670 and is counted separately.
  • Economic scale: State GDP of $99.2B (2024).
  • Wage stratification: Finance and Insurance averages $111,711 while Accommodation and Food Services averages $33,187, a 3.4x spread in the same economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP (CAGDP2).

Industry Concentration

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

Chart source: BLS QCEW · broad NAICS supersector · private sector · Location Quotient vs. national private-sector employment share. The same supersector axes appear on every profile, so the shape can be compared across geographies.
Concentrated Industries
List source: BLS QCEW · 3-digit NAICS sub-sector · private sector · Location Quotient vs. national private-sector employment share.
Same source and same private-sector basis as the Top Industries table above. These sit at a finer level than the chart's supersector axes, so the two sets of values are not directly comparable. The sub-sector view surfaces specialization the supersector view masks, such as Fishing, Hunting and Trapping here.
Fishing, Hunting and Trapping
21.57x
664
Leather and Allied Product Manufacturing
12.45x
1,218
Forestry and Logging
9.26x
1,750
Scenic and Sightseeing Transportation
3.39x
423
Paper Manufacturing
2.78x
4,028
Wood Product Manufacturing
2.51x
4,170
Gasoline Stations and Fuel Dealers
2.22x
9,598
Crop Production
1.97x
4,295
Beverage and Tobacco Product Manufacturing
1.85x
2,505
Textile Product Mills
1.84x
705
+ 5 more sub-sectors at LQ ≥ 1.5, holding a further 74,893 jobs. See the spider chart for the broader picture.

Attraction Opportunities - Below-Average Industries

LQ < 0.5, below-average employment, screened against industrial power cost. Source: BLS QCEW · 3-digit NAICS sub-sector
0.12x
Air Transportation
272 employed
0.18x
Primary Metal Manufacturing
262 employed
Energy-intensive sector in a state where industrial electricity costs 1.8x the national average.
0.21x
Electrical Equipment, Appliance Manufacturing
372 employed
0.24x
Support Activities for Agriculture and Forestry
382 employed
0.30x
Pipeline Transportation
70 employed
0.33x
Wholesale Trade Agents and Brokers
610 employed
0.37x
Machinery Manufacturing
1,639 employed
0.39x
Securities, Commodity Contracts, Investments
1,795 employed
Screened on industrial power cost only. Industrial electricity in Maine costs 15.5¢/kWh against 8.62¢/kWh nationally (2025). Land area and freight access are not assessed at state level. Source: EIA.
Key Takeaways
  • Top specialization: Fishing, Hunting and Trapping concentrates at 21.57x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity.
  • Cluster depth: 15 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 · Affordability threshold and renter cost burden from Census ACS B25119, B25070
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 renter household income (~$1,106/mo, from a renter median of $44,257) · rents above this line are typically considered cost-burdened.
Measured: 44.1% of renter households already pay 30% or more of income on rent, and 19.8% pay 50% or more.
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.
  • Rent affordability gap: None of the 5 HUD Fair Market Rent bedroom sizes sit below what a household on the median renter income of $44,257 can pay without cost burden (~$1,106/mo), and 44.1% of renter households are already cost-burdened, 19.8% severely so.
Source: Census ACS housing tables.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
826,857
Working Age (18-64) vs 2019
Labor force participation rate: 63.5% of population aged 18+ 64% Participation (18+)
vs 2019
Mean Commute 2 min below national avg
24.6 min
Work From Home vs 15.1% national
15.9%

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
36.2%
HS Diploma+
94.8%
6 Largest Institutions by Credentials Awarded
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)
Same cohort is 15.1% of total population, the basis used in the Demographics cohort chart.
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · 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 are drawn on a 0% to 60% axis, so bar length is proportional to actual share. Labels give each group's 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.
  • Healthy participation: 63.5% of the population aged 18+ is in the labor force, reflecting a steady, available workforce statewide.
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

Sample output. Pulse AI analysis draws on 6 federal data sources.

Sample AI Insight

Maine shows strong potential for fishing, hunting and trapping attraction, with a 21.57x concentration and 664 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

Take it further

AI Insights: Built into ExecutivePulse. Continuous analysis tied to your own pipeline: industry-shift signals, prospect matches, retention prompts.

Managed Services: Prefer to hand it off? Our team delivers the analysis and consulting for you.

Schedule a Demo
Available as premium offerings.

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 CAGDP2 (Regional)).