Kennebec County, Maine Income Statistics

Kennebec County Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.

  • C
    Kennebec County Below average

Source: Map AI Methodology

Kennebec County
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Wealth grade

Income Statistics Overview

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Metric Kennebec County Maine Avg US Average
Median Household Income $68,834 $74,723 $80,455
Median Personal Income $55,377 $58,018 $60,758
Average Yearly Income Growth 4.5% 4.9% 4.8%
Six-Figure Earners 8.9% 11.2% 13.9%
$200k+ Households 6.6% 9.4% 13.2%

The median household income in Kennebec County is about 8% lower than in Maine. Income has been growing slower in Kennebec County (4.5%/yr) than in Maine (4.9%/yr).

About 9% of adults in Kennebec County earn six figures ($100,000 or more) a year, lower than the Maine average of 11%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Kennebec County
United States

Median household income in Kennebec County, Maine grew by 48.7% from 2009 to 2024, reaching $68,834 in 2024. That's an average of about 4.5% per year.

Year Kennebec County United States

Income Inequality and the Gender Pay Gap in Kennebec County

Metric Kennebec County Maine Avg US Average
Gini Coefficient 0.504 0.510 0.552
Male Median Income $62,424 $66,614 $69,667
Female Median Income $55,267 $55,906 $56,850
Gender Pay Gap 11.5% 16.1% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Kennebec County, it is 0.504, lower than Maine's 0.510, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 13% more than women's income in Kennebec County, Maine. Over a 35-year career, a 13% wage gap accumulates to roughly $250,495 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Kennebec County, Maine has narrowed from about 24% to 11% in 2024. In dollar terms, the gap has narrowed by $3,204 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Kennebec County Maine Avg US Average
Unemployment Rate 3.9% 3.8% 5.2%
Working from Home 15.3% 15.9% 15.0%
Commute time (minutes) 21 20 22

Approximately 2,486 people are unemployed in Kennebec County, Maine.

The average commute time in Kennebec County is 21 minutes, longer than the 20 minutes in Maine.

Unemployment Rate Over Time

Kennebec County
United States

Since 2011, the unemployment rate in Kennebec County, Maine has fallen from 7.8% to 3.9% in 2024. Over that period the rate peaked at 8.4% in 2013 and fell as low as 3.7% in 2020.

Year Kennebec County United States

Kennebec County, ME Wealth Compared With Nearby Counties

Kennebec County, ME is the 2nd largest of the 6 counties compared here, 126,799 residents against a local median of 40,192. The measure that sets Kennebec County, ME apart most is income growth: 4.5%/yr, 19% below the local median of 5.5%/yr. That is the weaker end of the local range on this measure.

The counties themselves spread 1.9%/yr on income growth, so Kennebec County, ME sits at one end of an already wide local range rather than apart from it. Kennebec County, ME has the 5th highest income growth of the 6 areas compared here.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Kennebec County, ME 126,799 $68,834 #5/6 4.5%/yr #5/6 3.9% #4/6 0.504 #6/6
Lincoln County, ME 36,099 $76,791 4.8%/yr 2.9% 0.498
Androscoggin County, ME 113,398 $67,035 4.1%/yr 4.3% 0.497
Sagadahoc County, ME 37,285 $86,674 5.6%/yr 4.6% 0.490
Waldo County, ME 40,192 $72,583 6.1%/yr 3.7% 0.499
Cumberland County, ME 308,608 $95,774 5.5%/yr 3.1% 0.499

Conclusion

Considering all these factors, Kennebec County, Maine has an overall wealth index grade of C, making it about on par with Maine, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Kennebec County, Maine.

How Rich Is Kennebec County, Maine?

Kennebec County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $68,834, about 8% lower than the Maine average of $74,723.

Are incomes growing in Kennebec County, Maine?

Between 2009 and 2024, the median household income in Kennebec County, Maine rose 49%, from $46,275 to $68,834. Over the same years, income here lagged behind Maine as a whole: +49% against +60%.

What was the median household income in Kennebec County in 2023?

In 2023, the median household income in Kennebec County, Maine was $65,065, up 4% from $62,281 in 2022. The Maine median that year was $72,024.

What was the median household income in Kennebec County in 2020?

In 2020, the median household income in Kennebec County, Maine was $55,812. By 2024 it had risen 23% to $68,834.

What is the Gini coefficient in Kennebec County, Maine?

The Gini coefficient in Kennebec County is 0.504. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in Kennebec County, Maine?

Since 2009, the income gap between men and women in Kennebec County, Maine has narrowed from about 24% to 11% in 2024. In dollar terms, the gap has narrowed by $3,204 since 2009.

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