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Maine

In: The State Economic Handbook 2010

Author

Listed:
  • Scott D. Watkins

    (Anderson Economic Group, LLC)

  • Patrick L. Anderson

    (Anderson Economic Group, LLC)

Abstract

Maine, located in the New England, Northeast region of the United States, has a population of 1.3 million people, making it the eleventh least populous state in 2007. The state’s population increased by 42,284 people from 2000 to 2007, and is projected to increase to 1.4 million by 2025. This 0.4% projected annual growth rate compares to the projected national average of 0.8%. From 2006 to 2007 the state’s population declined by 0.3%. Per capita personal income in Maine was $33,962 in 2007, up from $31,931 in 2006. For 2007, this was sixteenth lowest in the country and $4,602 below the national average. From 2000 to 2007 the per capita income in Maine grew at a compound annual rate of 3.9%, compared to 3.7% nationally.

Suggested Citation

  • Scott D. Watkins & Patrick L. Anderson, 2009. "Maine," Palgrave Macmillan Books, in: Scott D. Watkins & Patrick L. Anderson (ed.), The State Economic Handbook 2010, pages 95-99, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-10212-5_20
    DOI: 10.1057/9780230102125_20
    as

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