GDP / Output
+5.7% YoY
79
$9.6B
Output changed +5.7% in 2024.
Vintage date unknown
State growth5.8%
U.S. growth5.3%
Jobs
Unemployment rate
24
6.8%
Unemployment is 6.8% for Latest available.
Vintage date unknown
State avg3.8%
U.S. avg5.2%
Population
-11.7% 5-year
0
3,779
Population moved -11.7% over the latest ACS window.
Vintage date unknown
State population1,387,817
U.S. population334,922,499
Housing
Rent share of income
85
10.7%
Median rent consumes 10.7% of median household income: Affordable.
Vintage date unknown
State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$9.3K per resident
100
$1.4B
$1.4B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$22.0B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.4B
$9.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$904.7M
2. Department of Veterans Affairs$167.3M
3. Department of Transportation$85.8M
Top recipients
Dollars1. MAINE DEPARTMENT OF TRANSPORTATION$59.2M
2. CITY OF BANGOR$40.1M
3. UNIVERSITY OF MAINE SYSTEM$27.8M
Affordable
Housing Affordability
10.7%
of median income
1BR estimate$370
2BR estimate$487
Median income$50,445
Median home value$99,800
ACS context
Quick Facts
Population
3,779
Median age
57.5
Bachelor's degree+
19.4%
Poverty rate
18.7%
Labor force participation
39.2%
Prime rate
7.0%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-17
HUD Fair Market Rent
Latest available
Data notes
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
-2.5%
GDP CAGR
+5.8%
Federal flow
5 years
Population (5 years)
20204,280
20214,127
20224,136
20234,111
20243,779
GDP (5 years)
2020$7.3B
2021$7.9B
2022$8.5B
2023$9.1B
2024$9.6B
2-year linear forecast
Predictive Outlook
Population forecast
20243,779
20253,781 *
20263,679 *
R² = 75.8% · * projected
GDP forecast
2024$9.6B
2025$10.3B *
2026$10.9B *
R² = 99.9% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$50,445/yr
Median rent$451/mo
Rent share of income10.7%
Est. mortgage (30yr, 6.5%)$6,056/yr
Mortgage share of income12.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.8%
State avg3.8%
U.S. avg5.2%
Labor force participation39.2%
Poverty rate18.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$99,800
Median monthly rent$451
Price-to-rent ratio18.4x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score43/100
Economic growth79/100
Labor market24/100
Population momentum0/100
Overall stability54/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.