Personal Income

Economy, IncomeLeave a comment
Personal Income Per Capita

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…

Median Family Income

Economy, IncomeLeave a comment
Median Family Income

The median income for families is that amount above which half the families have more and below which half the families have less income. It is “in the middle.” According to the U.S. Census: Family. A family is a group of two people or more (one of whom is the householder) related by birth, marriage,…