Issue link: https://nebusinessmedia.uberflip.com/i/1271909
V O L . X X V I N O. X V I 32 Fact Book / Doing Business in Maine Q UA L I T Y O F L I F E | I N C O M E 2016 2015 Percent change, 2015–2016 Previous year's rank Total 2016 county personal income 1 1 Cumberland $54,309 $52,298 3.8% 1 $15,860,375 2 Hancock $46,959 $45,190 3.9% 5 $2,555,476 3 York $46,687 $45,466 2.7% 3 $9,446,695 4 Sagadahoc $46,406 $45,702 1.5% 2 $1,636,883 5 Knox $46,275 $43,738 5.8% 6 $1,839,165 6 Lincoln $46,231 $45,358 1.9% 4 $1,581,824 7 Kennebec $42,194 $41,554 1.5% 7 $5,087,324 8 Washington $38,895 $37,185 4.6% 8 $1,223,259 9 Androscoggin $38,091 $37,106 2.7% 9 $4,087,884 12 Penobscot $37,876 $37,032 2.3% 10 $5,749,849 10 Aroostook $37,643 $36,717 2.5% 12 $2,558,201 13 Waldo $37,334 $36,833 1.4% 11 $1,469,623 11 Somerset $36,830 $35,951 2.4% 13 $1,875,213 14 Oxford $35,633 $34,891 2.1% 14 $2,038,841 15 Piscataquis $35,426 $34,634 2.3% 16 $596,687 16 Franklin $34,937 $34,849 0.3% 15 $1,048,134 MAINE $44,053 $41,240 6.8% $58,655,433 Maine personal income Ranked by per capita personal income, 2016 1 Figures in thousands. S O U R C E : U.S. Department of Commerce, Bureau of Economic Analysis 1 According to the Bureau of Economic Analysis, personal income is the total income an individual derives from all sources, while disposable income is total personal income less personal current taxes. S O U R C E : U.S. Department of Commerce, Bureau of Economic Analysis Disposable personal income, 1 per capita 1990–2017 $0 $10K $20K $30K $40K $50K $60K '17 '14 '11 '08 '05 '02 '99 '96 '93 '90 Maine disposable income Maine taxes $0 $10K $20K $30K $40K $50K $60K '17 '14 '11 '08 '05 '02 '99 '96 '93 '90 U.S. disposable income U.S. taxes 2017 2016 Percent change, 2016-2017 N.H. $57,574 $55,945 2.9% MA $65,890 $64,122 2.8% R.I. $51,503 $50,373 2.2% ME $45,072 $44,094 2.2% VT $51,114 $50,084 2.1% CT $70,121 $69,094 1.5% U.S. $50,392 $49,204 2.4% New England per capita income, 2017 S O U R C E : U.S. Department of Commerce, Bureau of Economic Analysis 2018 2017 2016 MA $11.00 $11.00 $10.00 VT 1 $10.50 $10.00 $9.60 CT $10.10 $10.10 $9.60 R.I. $10.10 $9.60 $9.60 ME $10.00 $9.00 $7.50 N.H. $7.25 $7.25 $7.25 U.S. $7.25 $7.25 $7.25 State minimum wage 1 Rates applicable to employers of two or more. S O U R C E : Wage and Hour Division, U.S. Department of Labor Women's earnings as a percent of men's 1 1 Median usual weekly earnings of full-time wage and salary workers 16 years of age and over. S O U R C E : Bureau of Labor Statistics Maine U.S. 70% 75% 80% 85% 90% 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 New England median household income, 2016 1 Ranked by percent change, 2015–2016 1 Adjusted for inflation. S O U R C E : U.S. Census Bureau, 2012–2016 American Community Survey 5-Year Estimates 2016 2015 Percent change, 2015–2016 MA $70,954 $68,563 3.5% ME $50,826 $49,331 3.0% R.I. $58,387 $56,852 2.7% N.H. $68,485 $66,779 2.6% CT $71,755 $70,331 2.0% VT $56,104 $55,176 1.7% U.S. $55,322 $53,889 2.7% Maine colonies had what England could not provide — enormous white pines that provided ship masts for the Royal Navy. In the 1950s, the sardine industry reaches its peak with nearly 6,000 workers, mostly women, at more than 50 canneries along the coast. Today, the industry is gone. 200 200 IDEAS FOR MAINE'S BICENTENNIAL