Maine: An Encyclopedia
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Personal Income

Maine’s personal income per person (per capita) has lagged the national average by varying amounts since 1929.   The state’s percent of the national average (green line on the chart) has not strayed far from the long-term average of 86% durng the period.

In the early 1930’s it exceeded 90% probably because the agricultural sector was less affected by the Great Depression than manufacturing. Again in the middle of World War II (1942-1944) Mainers’ incomes approached the national average.

From the 1950’s through the early 1980’s, Maine’s per capita income remained stubbornly below its long-term average.  Since the mid-1980’s, however, it has remained consistently above that point.

By August of 2011 the U.. Census had released the 2010 per capita income figures with the U.S. average at $40,584; Maine at $37,300 – 85.2% of U.S.  The annual figures for 2001 through 2009 had not been released. More Economic Data

Personal Income Per Capita

Per Capita Income Difference $ Maine as
Year U.S. Maine U.S. – Maine % of U.S.
1929 $697 $596 $101 85.5%
1930 $618 $570 $48 92.2%
1931 $525 $488 $37 93.0%
1932 $398 $376 $22 94.5%
1933 $372 $369 $3 99.2%
1934 $424 $414 $10 97.6%
1935 $473 $430 $43 90.9%
1936 $535 $503 $32 94.0%
1937 $574 $508 $66 88.5%
1938 $526 $470 $56 89.4%
1939 $556 $493 $63 88.7%
1940 $593 $525 $68 88.5%
1941 $717 $630 $87 87.9%
1942 $908 $855 $53 94.2%
1943 $1,106 $1,100 $6 99.5%
1944 $1,194 $1,100 $94 92.1%
1945 $1,235 $1,077 $158 87.2%
1946 $1,254 $1,129 $125 90.0%
1947 $1,317 $1,162 $155 88.2%
1948 $1,425 $1,231 $194 86.4%
1949 $1,382 $1,174 $208 84.9%
1950 $1,503 $1,187 $316 79.0%
1951 $1,667 $1,312 $355 78.7%
1952 $1,751 $1,433 $318 81.8%
1953 $1,826 $1,442 $384 79.0%
1954 $1,810 $1,440 $370 79.6%
1955 $1,906 $1,576 $330 82.7%
1956 $2,013 $1,663 $350 82.6%
1957 $2,087 $1,713 $374 82.1%
1958 $2,108 $1,778 $330 84.3%
1959 $2,206 $1,827 $379 82.8%
1960 $2,268 $1,901 $367 83.8%
1961 $2,326 $1,883 $443 81.0%
1962 $2,439 $1,963 $476 80.5%
1963 $2,526 $2,030 $496 80.4%
1964 $2,671 $2,196 $475 82.2%
1965 $2,849 $2,365 $484 83.0%
1966 $3,061 $2,513 $548 82.1%
1967 $3,253 $2,630 $623 80.8%
1968 $3,536 $2,840 $696 80.3%
1969 $3,836 $3,138 $698 81.8%
1970 $4,084 $3,413 $671 83.6%
1971 $4,340 $3,590 $750 82.7%
1972 $4,717 $3,858 $859 81.8%
1973 $5,230 $4,308 $922 82.4%
1974 $5,708 $4,747 $961 83.2%
1975 $6,172 $5,026 $1,146 81.4%
1976 $6,754 $5,698 $1,056 84.4%
1977 $7,402 $6,116 $1,286 82.6%
1978 $8,243 $6,700 $1,543 81.3%
1979 $9,138 $7,412 $1,726 81.1%
1980 $10,091 $8,333 $1,758 82.6%
1981 $11,209 $9,164 $2,045 81.8%
1982 $11,901 $9,901 $2,000 83.2%
1983 $12,583 $10,548 $2,035 83.8%
1984 $13,807 $11,628 $2,179 84.2%
1985 $14,637 $12,462 $2,175 85.1%
1986 $15,338 $13,406 $1,932 87.4%
1987 $16,137 $14,434 $1,703 89.4%
1988 $17,244 $15,593 $1,651 90.4%
1989 $18,402 $16,683 $1,719 90.7%
1990 $18,354 $17,211 $1,143 93.8%
1991 $19,818 $17,457 $2,361 88.1%
1992 $20,799 $18,214 $2,585 87.6%
1993 $21,385 $18,690 $2,695 87.4%
1994 $22,297 $19,552 $2,745 87.7%
1995 $22,297 $20,372 $1,925 91.4%
1996 $24,442 $21,507 $2,935 88.0%
1997 $25,654 $22,566 $3,088 88.0%
1998 $27,258 $24,171 $3,087 88.7%
1999 $28,333 $25,151 $3,182 88.8%
2000 $30,318 $26,696 $3,622 88.1%



Source: Bureau of Economic Analysis, Bureau of the Census, U.S. Department of Commerce. http://www.bea.gov/iTable/iTable.cfm?ReqID=70&step=1, via http://www.bea.gov/iTable/index_regional.cfm (accessed August 21, 2011)

All dollar estimates are in current dollars (not adjusted for inflation).

Per capita personal income is total personal income divided by total midyear population.

This entry was posted in Economy, Income and tagged , , . Bookmark the permalink.
This entry was last modified: August 22, 2011 02:40 PM

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