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10 Fact Book / Doing Business in Maine VO L . X X X I N O. X I X Q UA L I T Y O F L I F E 2023 2022 Percent change, 2022–2023 Total 2023 county personal income 1 1 Cumberland $84,606 $79,470 6.5% $26,247,170 2 York $70,640 $66,533 6.2% $15,440,991 3 Hancock $68,181 $64,318 6.0% $3,854,012 4 Knox $67,794 $63,588 6.6% $2,777,985 5 Sagadahoc $67,538 $62,884 7.4% $2,533,539 6 Lincoln $66,465 $62,790 5.9% $2,426,444 7 Kennebec $58,278 $55,562 4.9% $7,416,426 8 Waldo $56,702 $55,176 2.8% $2,303,221 9 Piscataquis $54,776 $52,921 3.5% $957,816 12 Penobscot $53,978 $52,179 3.4% $8,383,411 10 Androscoggin $53,731 $51,087 5.2% $6,112,676 13 Aroostook $53,650 $51,569 4.0% $3,613,371 11 Washington $52,366 $49,799 5.2% $1,652,398 14 Somerset $50,486 $48,117 4.9% $2,590,008 15 Franklin $50,394 $48,019 4.9% $1,553,554 16 Oxford $50,165 $47,860 4.8% $3,005,148 MAINE $65,105 $61,690 5.5% $90,868,170 Maine personal income Ranked by per capita personal income, 2023 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 1990–2024 2024 2023 Percent change, 2023-2024 CT $93,235 $89,307 4.4% MA $93,927 $89,760 4.6% ME $68,129 $64,922 4.9% N.H. $82,878 $78,936 5.0% R.I. $69,936 $67,105 4.2% VT $70,086 $66,803 4.9% U.S. $72,425 $69,418 4.3% New England per capita personal income, 2024 S O U R C E : U.S. Department of Commerce, Bureau of Economic Analysis 2023 2024 2025 MA $15.00 $15.00 $15.00 CT $14.00 $15.69 $16.35 ME $13.80 $14.15 $14.65 VT $13.18 $13.67 $14.01 R.I. $13.00 $14.00 $15.00 N.H. $7.25 $7.25 $7.25 U.S. $7.25 $7.25 $7.25 State minimum wage 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 : U.S. Bureau of Labor Statistics Maine U.S. 70% 75% 80% 85% 90% 2023 '22 '21 '20 '19 '18 '17 '16 '15 '14 '13 '12 '11 '10 '09 '08 '07 '06 '05 '04 2003 New England median household income, 2023 1 Ranked by percent change, 2022–2023 1 Adjusted for inflation. S O U R C E : U.S. Census Bureau, 2023 American Community Survey 1-Year Estimates 2023 2022 Percent change 2022–2023 VT $81,211 $74,014 9.7% ME $73,733 $68,251 8.0% N.H. $96,838 $90,845 6.6% R.I. $84,972 $81,370 4.4% MA $99,858 $96,505 3.5% CT $91,665 $90,213 1.6% U.S. $77,719 $74,755 4.0% 1990 2000 2010 2015 2020 2024 $70K $60K $50K $40K $30K $20K $10K $0 Maine U.S. $15.8K $17.2K $23.9K $26.2K $34.7K $36.6K $38.4K $42.0K $48.8K $52.3K $60.7K $63.5K