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Maine Quality of Life

Finance & Income Statistics

Maine's greatest economic strengths are its forests and waters, yielding wood products, water power, fisheries, and ocean commerce. Today, the largest industry by far is paper manufacturing, for which both forests and water power are essential.

However, since the 1980s manufacturing employment has dropped; and especially since 1992, services sector and trading sector employment has risen. Tourism, small business development and health care are all growing business segments.

The Bureau of Economic Analysis estimates that Maine's total gross state product for 2017 was $61.4 billion, representing a 1.4% growth rate over the previous year. Per capital personal income in 2017 was $45,072, ranking 31st nationally.  The increase was 2.2% over 2016 results.

Maine Comparison Data

Unemployment 3.7% 5.2%
Job Growth -1.1%
Future Job Growth 34.0%
Sales Tax 5.5% 6.0%
Income Taxes
Household Income
 $48,804 $53,482
Family Median Income
 $61,824 $66,443
Cost of Living
 98 100
 81  100

Data compiled by Maine Home Connection. Sources include US Census, Sperlings Best Places, National Center for Education Services.

 US Department of Labor - Bureau of Labor Statistics

Maine Focus on Exports

International markets provide important growth opportunities for Maine goods and services.  In 2017, 2,262 Maine companies exported nearly $2.7 billion in goods and services to 176 countries, and trade supports 180,500 Maine jobs.  From 2016 to 2017, Maine exports declined by approximately 7%, while overall U.S. exports grew by over 6%.  With the exception of Canada,

Maine’s seafood exports increased, and wood pulp, Maine’s fifth leading export commodity, increased by 27%.  In 2017 Canada remained Maine’s leading trade partner, with $1.3 billion in exports.

Maine's Leading Exports

Leading Exports from Maine

Expanding existing international trade and investment efforts and exploring new opportunities is vital to developing new markets and improving Maine’s economy.

Addtional Information

 The Maine Center for Economic Policy - Solutions for a Properous Maine
Download Top 50 Employers - List of Public Companies
Download The Economic Scorecard - Review of Greater Portland vs Comparable Cities
 Maine's Innovation Economy - A 2017 Review

Maine Relocation: Quality of Life

Maine Weather
. Maine Weather - Access detailed meteorological charts

Maine Demographics
Local Demographics - Review detailed demographic data

Maine Cost of Living
. Cost of Living - Compare cost of living statistics

Maine Crime Statistics
. Crime Statistics - A very safe place to live


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