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10 Fact Book / Doing Business in Maine VO L . X X X I I N O. X I X Q UA L I T Y O F L I F E 2024 2023 Percent change, 2023–2024 Total 2024 county personal income 1 1 Cumberland $56,487 $53,635 5.3% $6,511,386 2 York $58,192 $54,738 6.3% $3,885,842 3 Hancock $90,142 $85,544 5.4% $28,287,474 4 Knox $52,725 $50,466 4.5% $1,629,305 5 Sagadahoc $72,341 $68,972 4.9% $4,119,504 6 Lincoln $61,181 $57,748 5.9% $7,859,374 7 Kennebec $71,509 $68,500 4.4% $2,930,524 8 Waldo $71,007 $67,355 5.4% $2,591,107 9 Piscataquis $52,819 $50,252 5.1% $3,171,202 12 Penobscot $56,593 $53,935 4.9% $8,876,007 10 Androscoggin $54,143 $52,060 4.0% $943,824 13 Aroostook $71,499 $67,421 6.0% $2,687,065 11 Washington $53,415 $50,671 5.4% $2,742,228 14 Somerset $59,514 $57,329 3.8% $2,417,297 15 Franklin $55,990 $53,372 4.9% $1,757,145 16 Oxford $74,683 $70,945 5.3% $16,440,979 MAINE $68,932 $65,447 5.3% $96,850,263 Maine personal income Ranked by per capita personal income, 2024 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 1990–2025 2025 2024 Percent change, 2024–2025 CT $98,879 $95,083 4.0% MA $97,456 $93,575 4.1% ME $71,662 $68,764 4.2% N.H. $86,959 $83,222 4.5% R.I. $73,992 $70,743 4.6% VT $74,580 $71,505 4.3% U.S. $76,393 $73,227 4.3% New England per capita personal income, 2025 S O U R C E : U.S. Department of Commerce, Bureau of Economic Analysis 2024 2025 2026 MA $15.00 $15.00 $15.00 CT $15.69 $16.35 $16.94 ME $14.15 $14.65 $15.10 VT $13.67 $14.01 $14.42 R.I. $14.00 $15.00 $16.00 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% 2024 '23 '22 '21 '20 '19 '18 '17 '16 '15 '14 '13 '12 '11 '10 '09 '08 '07 '06 '05 2004 New England median household income, 2024 1 Ranked by percent change, 2023–2024 1 Adjusted for inflation. S O U R C E : U.S. Census Bureau, 2024 American Community Survey 1-Year Estimates 2024 2023 Percent change, 2023–2024 VT $104,828 $99,858 5.0% ME $96,049 $91,665 4.8% N.H. $76,442 $73,733 3.7% R.I. $99,782 $96,838 3.0% MA $82,730 $81,211 1.9% CT $83,504 $84,972 -1.7% U.S. $81,604 $77,719 5.0% 1990 2000 2010 2015 2020 2025 $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 $64.0K $66.9K