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Economy, jobs and prices in Maine, United States: official figures

The economy of Maine (gross domestic product) was worth $101.7 billion in 2025 at current prices, 0.3% of the US total of $30.86 trillion; 8th smallest of 51. In current dollars it was up 4.4% on 2024.

GDP (current dollars)
$101.7 billion
2025
GDP per resident
$71,898
2025
Personal income per person
$71,742
2025
Median household income
$76,442
2024
Unemployment rate (seasonally adjusted)
3.3%
September 2026
Average annual pay (QCEW)
$65,787
2025
Median household income
$76,372
2024
Median gross rent (monthly)
$1,210
2024

How fast is the economy of Maine growing?

After adjusting for inflation, real GDP in Maine grew 1.4% in 2025, against 2.3% for the United States; 15th slowest-growing of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

What is the GDP per capita of Maine?

Dividing 2025 GDP by the Census Bureau's population estimate gives $71,898 of output per resident, against $90,294 for the US economy divided by the population of the 50 states and DC; 11th lowest of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

Is the economy of Maine growing or shrinking?

In the second quarter of 2026, real GDP in Maine grew at an annual rate of 1.4% (United States: 2.2%); 23rd slowest-growing of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

What are the main industries in Maine?

In 2025 the largest private industry in Maine's economy was real estate, rental and leasing (15.3% of GDP), followed by health care and social assistance (11.2%) and retail trade (8.5%). Government accounted for 11.6% and manufacturing for 8.1%; the manufacturing share was 19th lowest of 51 (United States: 9.5%).

Source: U.S. Bureau of Economic Analysis · saved copy

How much do people in Maine spend?

Consumer spending (personal consumption expenditures) in Maine came to $65,444 per person in 2025 (United States: $61,062); 13th highest of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

Is Maine expensive to live in?

Prices in Maine were 3.0% below the national average in 2024, by BEA's regional price parity of 97.0 (US = 100), which covers goods, services and housing; 26th most expensive of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

What is the inflation rate in Maine?

Prices in Maine rose 1.7% in 2024, measured by BEA's implicit regional price deflator, against 2.6% nationally (PCE price index).

Source: U.S. Bureau of Economic Analysis · saved copy

What is the per capita income in Maine?

Personal income per person in Maine was $71,742 in 2025, against $77,028 for the United States; 24th lowest of 51. It was up 4.6% on 2024 and up 32.1% on 2020, before inflation.

Source: U.S. Bureau of Economic Analysis · saved copy

What is the disposable income per person in Maine?

After taxes, disposable personal income per person was $63,398 in 2025 (United States: $67,251); 26th highest of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

How far does income go in Maine?

Adjusted for local price levels, real personal income per person in Maine was $57,480 in 2024 in 2017 dollars (United States: $59,195); 23rd lowest of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

What is the median household income in Maine?

Median household income in Maine was $76,442 in 2024 (margin of error ±$1,354), against $81,604 for the United States; 21st lowest of 51 by the point estimate. It was not statistically different from 2023 after adjusting for inflation (American Community Survey).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Maine?

The Gini index of household income inequality in Maine was 0.457 in 2024 (0 means equal incomes, 1 means one household has everything; United States: 0.481); tied for 17th least unequal of 51.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Maine?

The unemployment rate in Maine was 3.3% in September 2026 (seasonally adjusted, preliminary), unchanged from 3.3% a year earlier; tied for 11th lowest of 51. The rate for the 50 states and DC combined was 4.2%.

Source: U.S. Bureau of Labor Statistics · saved copy

How many people are unemployed in Maine?

In September 2026, 23,048 people in Maine were unemployed and 673,662 employed, out of a labor force of 696,710.

Source: U.S. Bureau of Labor Statistics · saved copy

What share of people in Maine are working?

58.5% of residents aged 16 and over were in the labor force in September 2026, and 56.6% had a job; tied for 10th lowest of 51 for labor force participation (50 states and DC combined: 61.6%).

Source: U.S. Bureau of Labor Statistics · saved copy

What was the unemployment rate in Maine in 2025?

Over 2025 the unemployment rate in Maine averaged 3.4% (an 11-month average: October 2025 was not collected during the federal shutdown), against 3.0% in 2024; tied for 10th lowest of 51. The lowest annual rate since 1976 was 2.6% in 2023.

Source: U.S. Bureau of Labor Statistics · saved copy

What is the average salary in Maine?

Workers covered by unemployment insurance in Maine were paid $65,787 on average in 2025 ($1,265 a week), up 4.1% on 2024; the US average was $78,720. That is 18th lowest of 51.

Source: U.S. Bureau of Labor Statistics · saved copy

How many jobs are there in Maine?

Employers in Maine had an average of 651,181 jobs on their payrolls in 2025 across 66,603 establishments, up 0.4% on 2024 (United States: up 0.5%).

Source: U.S. Bureau of Labor Statistics · saved copy

What is the median wage in Maine?

The median annual wage across all occupations in Maine was $51,430 in May 2025 (mean $65,780); 21st highest of 51. One in ten workers earned less than $35,140 and one in ten more than $105,510.

Source: U.S. Bureau of Labor Statistics · saved copy

What is the most common job in Maine?

The most common occupation in Maine in May 2025 was home health and personal care aides, with 18,630 workers and a median annual wage of $38,580.

Source: U.S. Bureau of Labor Statistics · saved copy

What is the median household income in Maine?

Median household income in Maine was $76,372 in 2024, 19th lowest among the 50 states and DC (U.S.: $81,604). In 2019 it was $58,824, so it has risen 29.8% before allowing for inflation.

Source: U.S. Census Bureau · saved copy

What is the average rent in Maine?

The median gross rent in Maine, including utilities, was $1,210 a month in 2024, up 1.8% on 2023 ($1,189); 21st lowest among the 50 states and DC (U.S.: $1,487).

Source: U.S. Census Bureau · saved copy

What is the median home value in Maine?

Homeowners in Maine valued their homes at a median of $341,900 in 2024, up 10.0% on 2023 ($310,700); 26th highest among the 50 states and DC (U.S.: $360,600).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Maine?

The median home value in Maine was 4.5 times the median household income in 2024 ($341,900 against $76,372); 20th highest ratio among the 50 states and DC (U.S.: 4.4).

Source: U.S. Census Bureau · saved copy

Is rent affordable in Maine?

A household on the median income in Maine would spend 19.0% of its income on the median rent of $1,210 a month in 2024 (U.S.: 21.9%).

Source: U.S. Census Bureau · saved copy

How Maine compares with other states

Gross domestic product, 2025 (current dollars) (2025)

Maine ranks 44 of 51, highest first.

RankRegionGross domestic product, 2025 (current dollars)
41Hawaii$123.2 billion
42Delaware$121.9 billion
43West Virginia$111.3 billion
44Maine$101.7 billion
45Rhode Island$88.2 billion
46North Dakota$82.3 billion
47South Dakota$82.0 billion
Source: U.S. Bureau of Economic Analysis · saved copy

GDP per resident, 2025 (BEA GDP / Census population) (2025)

Maine ranks 41 of 51, highest first.

RankRegionGDP per resident, 2025 (BEA GDP / Census population)
38Missouri$75,811
39Louisiana$74,125
40Michigan$72,462
41Maine$71,898
42New Mexico$71,569
43Montana$70,713
44Kentucky$68,065
Source: U.S. Bureau of Economic Analysis · saved copy

Real GDP growth, 2025 (2025)

Maine ranks 37 of 51, highest first.

RankRegionReal GDP growth, 2025
34Louisiana1.5%
35Hawaii1.5%
36Arizona1.5%
37Maine1.4%
38Oregon1.4%
39Massachusetts1.3%
40Mississippi1.3%
Source: U.S. Bureau of Economic Analysis · saved copy

Real GDP growth, 2026:Q2 (annual rate) (2026:Q2)

Maine ranks 29 of 51, highest first.

RankRegionReal GDP growth, 2026:Q2 (annual rate)
26Tennessee1.7%
27Iowa1.7%
28Idaho1.5%
29Maine1.4%
30Indiana1.3%
31Maryland1.3%
32Nevada1.3%
Source: U.S. Bureau of Economic Analysis · saved copy

Personal income per person, 2025 (2025)

Maine ranks 28 of 51, highest first.

RankRegionPersonal income per person, 2025
25Oregon$73,283
26Texas$73,156
27Montana$72,066
28Maine$71,742
29Wisconsin$71,219
30Utah$70,323
31Missouri$69,836
Source: U.S. Bureau of Economic Analysis · saved copy

Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) (2024)

Maine ranks 29 of 51, highest first.

RankRegionReal personal income per person, 2024 (adjusted for local prices, 2017 dollars)
26Wisconsin$58,273
27Texas$58,219
28Missouri$57,850
29Maine$57,480
30Florida$57,131
31Louisiana$56,789
32Nevada$56,503
Source: U.S. Bureau of Economic Analysis · saved copy

Median household income, 2024 (ACS) (2024)

Maine ranks 31 of 51, highest first.

RankRegionMedian household income, 2024 (ACS)
28Pennsylvania$77,545
29Wisconsin$77,488
30South Dakota$76,881
31Maine$76,442
32Nebraska$76,376
33Wyoming$75,532
34Kansas$75,514
Source: U.S. Census Bureau · saved copy

Regional price parity, 2024 (US = 100) (2024)

Maine ranks 26 of 51, highest first.

RankRegionRegional price parity, 2024 (US = 100)
23Vermont98.0
24Pennsylvania97.6
25Texas97.1
26Maine97.0
27Georgia96.3
28Michigan96.2
29Idaho95.5
Source: U.S. Bureau of Economic Analysis · saved copy

Unemployment rate, September 2026 (seasonally adjusted) (September 2026)

Maine ranks 41 of 51, highest first.

RankRegionUnemployment rate, September 2026 (seasonally adjusted)
38Indiana3.4%
39Georgia3.3%
40Mississippi3.3%
41Maine3.3%
42Wisconsin3.2%
43Iowa3.2%
44Montana3.1%
Source: U.S. Bureau of Labor Statistics · saved copy

Unemployment rate, 2025 annual average (2025)

Maine ranks 41 of 51, highest first.

RankRegionUnemployment rate, 2025 annual average
38Georgia3.4%
39Virginia3.4%
40Oklahoma3.4%
41Maine3.4%
42Wyoming3.4%
43Montana3.3%
44Wisconsin3.2%
Source: U.S. Bureau of Labor Statistics · saved copy

Labor force participation rate, September 2026 (September 2026)

Maine ranks 42 of 51, highest first.

RankRegionLabor force participation rate, September 2026
39Arkansas59.1%
40South Carolina58.8%
41Michigan58.5%
42Maine58.5%
43Louisiana58.3%
44Kentucky57.9%
45North Carolina57.8%
Source: U.S. Bureau of Labor Statistics · saved copy

Average annual pay, 2025 (QCEW) (2025)

Maine ranks 34 of 51, highest first.

RankRegionAverage annual pay, 2025 (QCEW)
31Vermont$67,247
32Missouri$66,459
33Wisconsin$66,160
34Maine$65,787
35Indiana$65,067
36Alabama$64,479
37South Carolina$63,728
Source: U.S. Bureau of Labor Statistics · saved copy

Median annual wage, all occupations, May 2025 (OEWS) (May 2025)

Maine ranks 21 of 51, highest first.

RankRegionMedian annual wage, all occupations, May 2025 (OEWS)
18North Dakota$52,480
19Delaware$52,190
20Illinois$51,960
21Maine$51,430
22Wisconsin$50,270
23Wyoming$50,270
24Utah$50,110
Source: U.S. Bureau of Labor Statistics · saved copy

Median household income (2024)

Maine ranks 33 of 51, highest first. Census Bureau SAIPE model estimates

RankRegionMedian household income
30South Dakota$77,494
31Wyoming$76,975
32Nebraska$76,578
33Maine$76,372
34Iowa$75,623
35Montana$75,520
36Kansas$75,402
Source: U.S. Census Bureau · saved copy

Median gross rent (monthly) (2024)

Maine ranks 31 of 51, highest first. Renter-occupied units paying cash rent

RankRegionMedian gross rent (monthly)
28Tennessee$1,284
29South Carolina$1,272
30Pennsylvania$1,252
31Maine$1,210
32Montana$1,177
33Michigan$1,168
34Wisconsin$1,142
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2024)

Maine ranks 26 of 51, highest first. Owner-reported value

RankRegionMedian value of owner-occupied homes
23Vermont$352,800
24Minnesota$344,600
25Georgia$343,300
26Maine$341,900
27Wyoming$339,500
28North Carolina$333,000
29Tennessee$332,600
Source: U.S. Census Bureau · saved copy

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