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Home » United States » What is the average yearly income in Maine?

What is the average yearly income in Maine?

December 14, 2021 by Sadie Daniel

Table

Population
Mean travel time to work (minutes), workers age 16 years+, 2015-2019 24.2
Income & Poverty
Median household income (in 2019 dollars), 2015-2019 $57,918
Per capita income in past 12 months (in 2019 dollars), 2015-2019 $32,637

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Contents

What is a good yearly salary in Maine?

While ZipRecruiter is seeing salaries as high as $124,905 and as low as $18,828, the majority of salaries within the Average jobs category currently range between $45,462 (25th percentile) to $67,963 (75th percentile) with top earners (90th percentile) making $82,658 annually in Maine.

What salary do you need to live in Maine?

How much money do you need to live comfortably in Maine? A single person in Maine needs a salary of at least $31,043 to afford basic necessities, while a family of four needs a household income of $67,416.

What is the average annual income for one person?

The U.S. Census Bureau lists the annual real median personal income at $35,977 in 2019 with a base year of 2019. Income patterns are evident on the basis of age, sex, ethnicity and educational characteristics.

How much is the normal annual income?

The average annual wage in 2019 in the US was $51,916.27, and the median annual wage was $34,248.45. The median wage is the wage “in the middle,” while average refers to the measure of central tendency for all the data. There is a big difference between the average and median wage data.

What is the highest paying job in Maine?

Clinical Physician Assistant
Detailed List Of Highest Paying Jobs In Maine

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Rank Job Title Average Salary
1 Clinical Physician Assistant $176,372
2 Certified Registered Nurse Anesthetist $160,667
3 Emergency Medicine Specialist $150,666
4 Public Health Dentist $132,369

Is it cheaper to live in Maine?

Our cost of living indices are based on a US average of 100. An amount below 100 means Maine is cheaper than the US average.
Maine cost of living is 96.5.

COST OF LIVING Maine United States
Overall 96.5 100
Grocery 107.1 100
Health 100.1 100
Housing 99.2 100

What is the average rent in Maine?

Maine Rent Trends

Average Rent Nov / 2018 Jul / 2019
Maine $1,316 $1,382
National $1,340 $1,376

Why is property so cheap in Maine?

Rural land in Maine is quite inexpensive compared to more populated areas. Part of the reason is that there remains an abundance of undeveloped land in Maine.Recreational, commercial, and long term investors can benefit from reasonably priced parcels of land for sale in Maine.

What is a comfortable salary in Maine?

According to GoBankingRates.com, in an article titled “The Salary You Need to Afford Rent in Every State,” a resident of Maine would need to make approximately $58,640 per year in order to afford a single-family residence without having your monthly rent consume more than 30 percent of total income.

Is $18 an hour good?

So, if you make $37,440 (or more) a year, you can consider yourself just above average (as far as earnings in America go). The bright side is that a full-time job making $18 an hour would put you well above poverty guidelines ($12,750 a year) for a single individual.

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Is 75k a good salary?

According to the census, the national average household income in 2019 was $68,703. A living wage would fall below this number while an ideal wage would exceed this number. Given this, a good salary would be $75,000.In other words, a $75,000 salary would cover the basic necessities in even the priciest of areas.

What is a good salary to live comfortably on?

The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.

What is a good monthly income?

How much does an Average make? While ZipRecruiter is seeing monthly salaries as high as $11,333 and as low as $1,708, the majority of Average salaries currently range between $4,125 (25th percentile) to $6,167 (75th percentile) across the United States.

What is a decent salary in the US?

Decent Salary

Annual Salary Monthly Pay
Top Earners $90,000 $7,500
75th Percentile $80,500 $6,708
Average $50,739 $4,228
25th Percentile $25,500 $2,125

What is considered a high salary for a single person?

For its purposes, the Pew Research Center considers a household to be upper class if its income is double the U.S. median household income. This means that, on average, a single person living alone needs to make just $78,281 to be considered upper class.

What jobs are in high demand in Maine?

Detailed List Of The Fastest Growing Jobs In Maine

Rank Job Title Jobs in 2024
1 Nurse Practitioner 1,470
2 Physician Assistant 1,130
3 Physical Therapist 1,560
4 Software Developer 1,740
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Is Maine a good state?

For these reasons, Maine’s quality of life has been ranked the highest in the nation.In addition, it has some of the lowest crime rates in the nation. United States News & World Report ranked Maine as the 1st overall safest state to live, (also 1st in the list of low violent crime and 4th in low property crime).

What is the highest paying job without college?

Here are the highest paying jobs without a college degree:

  • Patrol Officer.
  • Executive Assistant.
  • Sales Representative.
  • Flight Attendant.
  • Electrician.
  • Plumber.
  • Structural Iron and Steelworker.

Are taxes in Maine high?

Courtesy / WalletHub Maine ranked No. 4 in the U.S. for states with the highest taxes, as a portion of personal income. While many Americans claim taxes in their states are heavy, a new study shows Mainers’ tax burdens are one of the heaviest.

How much does a house cost in Maine?

Housing Costs in Maine
Median home value prices in Maine can range quite a bit, but the statewide median is $199,477, according to NeighborhoodScout. In Portland, the median home value jumps to $346,523. On the contrary, homes in Lewiston are much less valuable with a median of $153,081.

Filed Under: United States

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About Sadie Daniel

Sadie Daniel is an adventurer at heart. She loves to travel and explore new places. Her thirst for adventure has taken her all over the world, and she's always looking for her next big thrill. Sadie is also a lover of animals, and has been known to rescue stray cats and dogs in her neighborhood. She is a kind-hearted person who enjoys helping others, and she would do anything for her family and friends.

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