Somerset County, Maine

Income Data

-16% vs. Maine average
$56,199
Median Household Income
$32,452
Per Capita Income

At a Glance

Median Household Income
$56,199
-16% vs. state avg
Per Capita Income
$32,452
-18% vs. national
Income-to-Housing Ratio
36.2%
income as % of home value
Rank in Maine
#13 / 16
by median household income

How Somerset County Compares

Somerset County$56,199
Maine Average$66,872
National Median$74,755

Detailed Income Statistics

$56,199
Median Household Income
$32,452
Per Capita Income
$155,200
Median Home Value
36.2%
Income-to-Housing Ratio

Data Story

About Household Income in Somerset County, Maine

Somerset County income below U.S. average

Somerset County's median household income of $56,199 falls 24.8% below the national median of $74,755. Like much of rural Maine, the county experiences economic headwinds from limited job sectors.

Third-lowest income statewide

Somerset County earns $10,673 less than Maine's state median of $66,872, ranking among the state's economically challenged counties. Only Washington and Piscataquis counties report lower median household income.

Lowest-earning inland county cluster

Somerset's $56,199 median ranks slightly above Piscataquis ($55,234) but well below Oxford ($57,933) and significantly trails Penobscot ($63,248). Western Maine's interior counties face shared economic constraints.

Rental burden approaches critical threshold

At 18.9%, Somerset County's rent-to-income ratio matches Penobscot's and signals housing stress for renters. Combined with low per-capita income of $32,452, unexpected expenses quickly deplete household reserves.

Focus on financial stability first

Somerset County residents should establish three-month emergency reserves before aggressive investing, given income volatility common in rural areas. Credit unions and community banks often offer accessible savings and loan products designed for modest-income households.

Frequently Asked Questions

What is the median household income in Somerset County, Maine?
The median household income in Somerset County, Maine is $56,199, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Somerset County?
The per capita income in Somerset County is $32,452, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $56,199.
How does Somerset County compare to the Maine average?
Somerset County's median household income of $56,199 is lower than the Maine state average of $66,872. The per capita income is $32,452, compared to the state average of $38,859.
What is the per capita income in Somerset County, Maine?
The per capita income in Somerset County, Maine is $32,452, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Somerset County a low-income area in Maine?
Somerset County's median household income of $56,199 is below the Maine average of $66,872. The per capita income of $32,452 is also lower than the state average of $38,859. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Somerset County rank for income in Maine?
Somerset County ranks #13 out of 16 counties in Maine by median household income (1 = highest). With a median household income of $56,199 and per capita income of $32,452, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Somerset County

$
1.00x

Your income is above the Somerset County median

County median: $56,199 per year

vs. County Median

+0%

vs. State Average

-16%

vs. National Median

-25%

vs. Somerset County MedianAbout equal
vs. Maine Average16% below
vs. National Median25% below

Income Adequacy

Monthly income covers median rent5.3x

Your monthly income ($4,683) vs. median rent ($887/mo). A ratio of 3.3x or higher means rent is under 30% of income.

Sponsored

Grow Your Wealth

See how your income stacks up in Somerset County, Maine? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.

Start Investing

Counties with Similar Income Levels

Sponsored

Compare Financial Products in Maine

Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.

Compare Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.