Maine Income Statistics
Maine Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a state's residents based on income levels, employment rates, and income inequality metrics.
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B
Maine Around average
Source: Map AI Methodology
Wealthiest and Least Wealthy Counties in Maine
- Cumberland County (113% of U.S. avg)
- York County (108% of U.S. avg)
- Sagadahoc County (108% of U.S. avg)
- Piscataquis County (83% of U.S. avg)
- Washington County (85% of U.S. avg)
- Aroostook County (87% of U.S. avg)
Ranked by the Map AI Wealth Index, which combines income, employment, and income inequality metrics.
Income Statistics Overview
| Metric | Maine | US Average |
|---|---|---|
| Median Household Income | $74,723 | $80,455 |
| Median Personal Income | $58,018 | $60,758 |
| Average Yearly Income Growth | 4.9% | 4.8% |
| Six-Figure Earners | 11.2% | 13.9% |
| $200k+ Households | 9.4% | 13.2% |
The median household income in Maine is about 7% lower than in US. Income has been growing faster in Maine (4.9%/yr) than in US (4.8%/yr).
About 11% of adults in Maine earn six figures ($100,000 or more) a year, lower than the US average of 14%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Maine grew by 60.3% from 2009 to 2024, reaching $74,723 in 2024. That's an average of about 4.9% per year.
Income Inequality and the Gender Pay Gap in Maine
| Metric | Maine | US Average |
|---|---|---|
| Gini Coefficient | 0.510 | 0.552 |
| Male Median Income | $66,614 | $69,667 |
| Female Median Income | $55,906 | $56,850 |
| Gender Pay Gap | 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 Maine, it is 0.510, lower than US's 0.552, so income is more evenly distributed here than there.
Men's income is about 19% more than women's income in Maine. Over a 35-year career, a 19% wage gap accumulates to roughly $374,780 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Maine has narrowed from about 24% to 16% in 2024. In dollar terms, the gap has widened by $405 since 2009.
Employment
| Metric | Maine | US Average |
|---|---|---|
| Unemployment Rate | 3.8% | 5.2% |
| Working from Home | 15.9% | 15.0% |
| Commute time (minutes) | 20 | 22 |
Approximately 27,144 people are unemployed in Maine.
The average commute time in Maine is 20 minutes, shorter than the 22 minutes in US.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Maine has fallen from 7.1% to 3.8% in 2024. Over that period the rate peaked at 7.7% in 2013.
Maine Wealth Compared With Nearby States
Maine is typical in size for this group, 1,387,521 residents against a local median of 1,394,471, so the measures below are close to a like for like comparison. Where Maine breaks from the states next to it is unemployment, sitting 27% below the local median of 5.1% at 3.8%. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $74,723 against a local median of $97,098, 23% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while median household income runs behind it, so Maine is trading one against the other rather than simply out-performing what surrounds it. The states themselves spread 2.4% on unemployment, so Maine sits at one end of an already wide local range rather than apart from it. Maine has the 3rd lowest unemployment 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. |
|---|---|---|---|---|---|
| Maine | 1,387,521 | $74,723 #6/6 | 4.9%/yr #2/6 | 3.8% #3/6 | 0.510 #3/6 |
| New Hampshire | 1,394,471 | $99,079 | 4.7%/yr | 3.3% | 0.508 |
| Vermont | 646,793 | $81,508 | 4.7%/yr | 3.5% | 0.506 |
| Massachusetts | 7,031,620 | $104,336 | 4.9%/yr | 5.1% | 0.531 |
| Rhode Island | 1,100,398 | $88,093 | 5.2%/yr | 5.8% | 0.529 |
| Connecticut | 3,347,044 | $97,098 | 3.7%/yr | 5.5% | 0.536 |
Conclusion
Considering all these factors, Maine has an overall wealth index grade of B, making it somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Maine.
How Rich Is Maine?
Maine has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $74,723, about 7% lower than the US average of $80,455.
How fast is household income rising in Maine?
Between 2009 and 2024, the median household income in Maine rose 60%, from $46,612 to $74,723. Over the same years, income here outpaced the U.S. as a whole: +60% against +57%.
What was the median household income in Maine in 2023?
In 2023, the median household income in Maine was $72,024, up 5% from $68,798 in 2022. The US median that year was $78,147.
What was the median household income in Maine in 2020?
In 2020, the median household income in Maine was $59,544. By 2024 it had risen 25% to $74,723.
Is it hard to find a job in Maine?
Unemployment in Maine is only 3.8%, well below the US rate of 5.2%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Maine?
The Gini coefficient in Maine is 0.510. 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 Maine?
Since 2009, the income gap between men and women in Maine has narrowed from about 24% to 16% in 2024. In dollar terms, the gap has widened by $405 since 2009.
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