Waldo County, Maine

Income Data

+2% vs. Maine average
$68,441
Median Household Income
$38,183
Per Capita Income

At a Glance

Median Household Income
$68,441
+2% vs. state avg
Per Capita Income
$38,183
-3% vs. national
Income-to-Housing Ratio
28.6%
income as % of home value
Rank in Maine
#7 / 16
by median household income

How Waldo County Compares

Waldo County$68,441
Maine Average$66,872
National Median$74,755

Detailed Income Statistics

$68,441
Median Household Income
$38,183
Per Capita Income
$239,100
Median Home Value
28.6%
Income-to-Housing Ratio

Data Story

About Household Income in Waldo County, Maine

Waldo County approaches national income parity

At $68,441, Waldo County's median household income trails the U.S. median of $74,755 by just 8.4%, performing better than most Maine counties. The coastal location and regional connectivity support more robust earning potential.

Above-average income within Maine

Waldo County earns $1,569 more than Maine's state median of $66,872, ranking in the upper half of the state's 16 counties. Only Sagadahoc and York counties report significantly higher medians.

Regional income leader among peers

Waldo's $68,441 median substantially exceeds inland counties—Oxford ($57,933), Somerset ($56,199), Piscataquis ($55,234)—and edges Penobscot ($63,248). It ranks notably below only the wealthier coastal counties.

Housing affordable, though values rising

Waldo County's 17.0% rent-to-income ratio comfortably meets affordability standards, though median home values of $239,100 represent substantial appreciation. Residents enjoy flexibility for savings and other expenses.

Build wealth through consistent investing

Waldo County earners at $68,441 can commit 10-15% of income to retirement and investment accounts while maintaining lifestyle. Consistent monthly contributions to diversified funds compound significantly over working lifespans.

Frequently Asked Questions

What is the median household income in Waldo County, Maine?
The median household income in Waldo County, Maine is $68,441, 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 Waldo County?
The per capita income in Waldo County is $38,183, 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 $68,441.
How does Waldo County compare to the Maine average?
Waldo County's median household income of $68,441 is higher than the Maine state average of $66,872. The per capita income is $38,183, compared to the state average of $38,859.
What is the per capita income in Waldo County, Maine?
The per capita income in Waldo County, Maine is $38,183, 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.
Why is Waldo County income higher than the Maine average?
Waldo County's median household income of $68,441 is higher than the Maine average of $66,872. This difference of $1,569 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Waldo County rank for income in Maine?
Waldo County ranks #7 out of 16 counties in Maine by median household income (1 = highest). With a median household income of $68,441 and per capita income of $38,183, it falls in the middle third of counties statewide.

Income Comparison Calculator

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County median: $68,441 per year

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vs. State Average

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vs. National Median

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vs. National Median8% below

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