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Fact Book: Doing Business in Maine — 2019

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W W W. M A I N E B I Z . B I Z 17 Fact Book / Doing Business in Maine I N C O M E | Q UA L I T Y O F L I F E Total compensa- tion Wages and salaries Other income Total average compensation per job Farm compensation NONFARM COMPENSATION Private Public Total Cumberland $11,890,695 $9,752,135 $2,138,560 $62,000 $13,517 $10,347,853 $1,529,325 $11,877,178 York $4,254,716 $3,342,072 $912,644 $56,478 $6,630 $2,870,589 $1,377,497 $4,248,086 Penobscot $3,810,408 $3,009,506 $800,902 $51,279 $7,680 $2,934,779 $867,949 $3,802,728 Kennebec $3,396,835 $2,644,802 $752,033 $53,724 $7,772 $2,209,339 $1,179,724 $3,389,063 Androscoggin $2,680,557 $2,161,514 $519,043 $51,551 $7,784 $2,331,519 $341,254 $2,672,773 Aroostook $1,374,197 $1,065,155 $309,042 $47,903 $30,086 $954,132 $389,979 $1,344,111 Hancock $1,132,998 $905,415 $227,583 $47,960 $6,794 $927,330 $198,919 $1,126,249 Sagadahoc $1,054,945 $830,573 $224,372 $63,333 $2,447 $912,067 $140,431 $1,052,498 Somerset $910,659 $727,416 $183,243 $50,663 $15,014 $741,627 $154,018 $895,645 Knox $900,435 $717,702 $182,733 $48,559 $1,933 $731,497 $167,005 $898,502 Oxford $824,026 $650,338 $173,688 $47,252 $3,172 $645,164 $175,690 $820,854 Waldo $581,726 $467,939 $113,787 $47,554 $3,341 $485,629 $92,756 $578,385 Lincoln $534,676 $427,129 $107,547 $45,090 $2,870 $436,838 $94,968 $531,806 Washington $528,327 $407,518 $120,809 $47,541 $24,847 $343,572 $159,908 $503,480 Franklin $507,972 $397,449 $110,523 $44,914 $1,412 $387,384 $119,176 $506,560 Piscataquis $260,520 $197,661 $62,859 $44,724 $1,022 $175,758 $83,740 $259,498 MAINE $34,643,692 $27,704,924 $6,938,768 $54,823 $136,276 $27,435,077 $7,072,339 $34,507,416 Maine compensation, by county Ranked by employee compensation, 2016 1 1 Figures in thousands. S O U R C E : U.S. Department of Commerce, Bureau of Economic Analysis 207. 482.7920 | NorwaySavings.bank FAMILY ASSET MANAGEMENT I N V E S T M E N T M A N AG E M E N T • T R U S T S E RV I C E S • FI N A N C I A L A DV I C E • E S TAT E P L A N N I N G get to know the At Norway Savings, our Asset Management Group believes in Family Asset Management. Simply put, it means we do right by you and your loved ones. More than an advisor, as a fiduciary we will help you manage your wealth by putting your interests first. Every family has a story. Let us help you write your next chapter. FAM Not FDIC Insured • No Bank Guarantee • May Lose Value

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