Lincoln County, Maine

• Income near the national median: Median household income tracks the national median, indicating a broad-based consumer market.
• Aging population: Median age of 51 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

• Largest private-sector industry: Retail Trade employs 1,826 workers (22% of tracked sectors), at an average wage of $38,852. Every industry figure on this page is private sector; government employs a further 1,647 and is counted separately.
• Economic scale: Regional GDP of $1.8B (2024).
• Wage stratification: Professional, Scientific, and Technical Services averages $86,565 while Accommodation and Food Services averages $37,409, a 2.3x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Animal Production and Aquaculture concentrates at 6.82x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
• Cluster depth: 14 sub-sectors register LQ ≥ 1.5, but 55.2% of the employment across them depends on one source of demand: resident household spending. Read the count as depth within that single demand base rather than as spread across separate ones.

• In line with national: Home value to income ratio of 4.3x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
• High home ownership: 82.5% owner-occupied; rental supply may be tight for incoming workers.
• Elevated vacancy: 30.6% of housing units are vacant, above the Maine rate of 20.6%, and down from 36% in 2019.
• Mostly second homes: seasonal, recreational and occasional-use units are 86% of vacant units, so the headline rate is not available supply.
• Genuinely available supply: units listed for rent or for sale are 4.2% of the vacant stock, or 1.3% of all housing units against the 30.6% headline vacancy rate. Absorbable supply for an incoming employer is thin, and the gap between the two is the redevelopment and conversion 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 $47,422 can pay without cost burden (~$1,186/mo), and 30.4% of renter households are already cost-burdened, 13.3% severely so; workforce housing cost burden warrants attention.

• Succession risk is real: 29.8% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
• Low participation: 56.6% labor force participation against a labor force that grew 2.3% between 2019 and 2024, so workforce development programs may unlock additional supply.
• Talent pipeline: no college, university, or technical school is located in Lincoln County per the IPEDS institutional directory, so any training pipeline serving it runs through institutions outside the county.

Lincoln County shows strong potential for animal production and aquaculture attraction, with a 6.82x concentration and 132 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 29.8% of the working-age population within 10 years of retirement age.

Most of the employment across the concentrated sub-sectors traces back to a single source of demand. Resident household spending accounts for 55.2% of it, with food and beverage retailers the largest single sub-sector at 22.9%. Recruitment that widens the demand base changes that exposure; recruitment inside the same base deepens it.