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W W W. M A I N E B I Z . B I Z 13 F E B R UA R Y 4 , 2 0 1 9 F O C U S S O U T H E R N M A I N E Navigating change, growing and innovating are top of mind for your business. To reach your goals, you need more than traditional accounting services. Wipfli is here to serve you as we grow, too. We are pleased to welcome Howe, Riley & Howe, a New Hampshire- based firm with offices in Bedford and Portsmouth. Push the boundaries of what's possible with strategic accounting and business consulting services from Wipfli's 47 offices. Go beyond the ordinary with Wipfli/Macpage. wipfli.com/maine South Portland | Augusta Proud Partner of the Maine Red Claws TAKING BUSINESSES TO NEW HEIGHTS S outhern Maine is leading the state's economy, but also faces challenges. The worker shortage, higher housing costs and lack of commercial and industrial real estate are all challenges faced by businesses. As the charts below illustrate, southern Maine has a lower rate of poverty, as well as higher median household income and home values. F O C U S S TA R T S O N F O L L OW I N G PA G E ยป S S O U R C E : U.S. Census TOTAL HOUSING UNITS York County Cumberland County Maine 108,609 142,251 735,711 NUMBER OF COMPANIES York County Cumberland County Maine 19,930 35,012 139,570 MEDIAN HOUSEHOLD INCOME POPULATION York County Cumberland County Maine $62,618 $62,618 $53,024 MEDIAN HOUSING VALUE $233,000 $259,400 $179,900 York County Cumberland County Maine York County 204,191 Cumberland County 292,500 Other counties 841,713 PERSONS IN POVERTY York County Cumberland County Maine 7.8% 8.1% 11.1% HOUSEHOLDS WITH BROADBAND York County Cumberland County Maine 81.5% 83.9% 77.7% H.S. DEGREE OR HIGHER York County Cumberland County Maine 92.7% 94.7% 92.1% Maine Pop. 1,338,404