Mainebiz

October 19, 2020

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W W W. M A I N E B I Z . B I Z 13 O C T O B E R 1 9 , 2 0 2 0 F O C U S M I D C O A S T / D O W N E A S T 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 aine's prosperity is often thought to be in mostly southern Maine, but the midcoast and Downeast also have pockets of economic growth. Here we take a look at two towns that are featured elsewhere in the Focus, Stonington and Thomaston, and how they compare to the state as a whole F O C U S S TA R T S O N F O L L OW I N G PA G E » M S O U R C E : U.S. Census, Censusreporter.org POVERTY RATE Stonington Thomaston Maine 21.1% 19.9% 11.6% MEDIAN VALUE OF OWNER-OCCUPIED HOUSING UNITS Stonington Thomaston Maine $259,800 $215,100 $197,500 POPULATION PER CAPITA INCOME Stonington Thomaston Maine $26,464 $27,780 $32,095 MEDIAN HOUSEHOLD INCOME $47,125 $51,285 $55,602 Stonington Thomaston Maine Stonington 1,074 Thomaston 2,018 Stonington: 109.5 people per square mile Thomaston: 953.6 people per square mile MEDIAN AGE Stonington Thomaston Maine POPULATION DENSITY Maine Pop. 1,338,404 Maine: 43.4 people per square mile 54.6 37.7 45.1

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