Wealth Index
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.
D
B
Income Statistics Overview
| Metric | Somerset County | Maine Avg | US Average |
|---|---|---|---|
| Median Household Income | $55,812 | $72,025 | $78,145 |
| Median Personal Income | $55,812 | $72,025 | $78,145 |
| Average income growth | 4.7% | 4.7% | 4.7% |
Household Income Trend
Median Household Income Over Time
Somerset County
United States
Economic Inequality in Somerset County | Gender Pay Gap | Gini Index
| Metric | Somerset County | Maine Avg | US Average |
|---|---|---|---|
| Gini Index | 0.518 | 0.519 | 0.570 |
| Male Median Income | $56,245 | $64,651 | $67,746 |
| Female Median Income | $43,564 | $53,280 | $54,793 |
| Gender Pay Gap | 22.5% | 17.6% | 19.1% |
Income by Sex Over Time
Male
Female
Employment
| Metric | Somerset County | Maine Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.9% | 3.9% | 5.2% |
| Working from Home | 10.1% | 14.1% | 13.4% |
| Commute time (minutes) | 22 | 20 | 22 |
Unemployment Rate Over Time
Somerset County
United States