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Home » United States » What is the rich part of Maine?

What is the rich part of Maine?

December 14, 2021 by Shelia Campbell

Cumberland Foreside is a small portion of Cumberland. It bears the distinction of being the most wealthy town in Maine with a median household income of about $100,000 among its 1,200 residents. The “foreside” in its name indicates its proximity to the Fore River. It is ranked #184 of the richest towns in America.

Contents

What is the wealthiest part of Maine?

The richest town in 2020 was Saco. The stats that lead to Saco coming in as Maine’s richest town were the following: Population 19,497. Median Income: $70,517.

Where do the rich live in Maine?

Here are the 10 richest places in Maine for 2021:

  • Saco.
  • Ellsworth.
  • South Portland.
  • Auburn.
  • Portland.
  • Bath.
  • Biddeford.
  • Brewer.

What is the best town to live in in Maine?

These Are The 10 Best Places To Live In Maine

  • City of South Portland.
  • Town of Scarborough.
  • Town of Brunswick.
  • Town of Cumberland.
  • Town of Topsham.
  • Town of Freeport.
  • City of Portland.
  • Town of Hampden.

What is the poorest part of Maine?

(The Center Square) – Presque Isle was ranked the poorest town in Maine in a 24/7 Wall St. analysis examining small, lower-income communities where households earn much less than the nation’s median annual household income.

How many billionaires are in Maine?

There are nearly 2,400 people worldwide whose individual net worth exceeds $1 billion — and more than one-quarter of them live in the United States.
This is the City in Maine With the Most Billionaires.

City with the most billionaires: Maine: Scarborough
Number of billionaires: 1
Total billionaire net worth: $2 billion
Top billionaire: Susan Alfond
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Are people in Maine wealthy?

The threshold amount in Maine is 428% more than the median net worth of the state’s residents, $285,696, according to Windfall. The report also identified Susan Alfond, a Scarborough resident and philanthropist who is the daughter of Dexter Shoe Co. founder Harold Alfond, as the state’s wealthiest individual.

Where do wealthy people vacation in Maine?

It is a rare reminder that northeastern coastal Maine, which includes Northeast Harbor, Bar Harbor, Mount Desert, and Dark Harbor, remains a destination of choice for a number of America’s most affluent individuals and families.

Is Scarborough Maine a rich town?

It’s #2,972 on the list of richest cities in America. Scarborough is a wonderful family-friendly neighborhood. Its 16,800 residents have a median household income of $56,897. It comes in as #2,668 on the list of richest cities in America.

What is the prettiest town in Maine?

The Most Beautiful Towns in Maine, USA

  • Kennebunkport. Natural Feature. View.
  • Camden. Natural Feature. View.
  • Rockport. Natural Feature. View.
  • Ogunquit. Natural Feature. View.
  • Bar Harbor. Natural Feature. View.
  • Blue Hill. Natural Feature. View.
  • Boothbay Harbor. Historical Landmark. View.
  • Cape Elizabeth. Natural Feature. View.

Is Maine expensive to live in?

Is it expensive to live in Maine? A recent study showed that the cost of living in Maine is the sixth highest in the country. Maine residents spend 91.3% of their income on expenses, which is about 10% more than the national average.

Is it nice living in Maine?

Maine has affordable housing and a lower low cost of living than neighboring states. 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).

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What part of Maine is best?

Best Places to Visit in Maine

  • Acadia National Park.
  • Camden.
  • Ogunquit.
  • Rockland.
  • York, ME.
  • Kennebunkport.
  • Augusta, ME.
  • Sugarloaf Mountain.

What’s the poorest county in Maine?

Piscataquis
Piscataquis was ranked the poorest county in Maine in a Wall St. 24/7 analysis of the least affluent regions in all 50 states. Piscataquis recorded a median household income of $38,797 annually, based on 2017 U.S. Census Bureau data.

What county is Cumberland Maine?

Cumberland County

Do any billionaires live in Maine?

The population ratio is based on 1 Jul 2019 U.S. Census Bureau data. The list of billionaires is compiled annually by Forbes magazine.
Table.

Rank by Number of Billionaires (9/15/20) 36
State or Federal District Maine
Number Billionaire Residents (2/12/16) 1
Number Billionaire Residents (9/15/20) 1

Which US state has the most millionaires?

This statistic presents the American states with highest ratio of millionaire households per capita in 2020. In that year, New Jersey had the highest ratio of millionaire households per capita in the country, with 9.76 percent of households holding over one million U.S. dollars in assets.

How many Trillionaires are there?

As of 2018, there are over 2,200 U.S. dollar billionaires worldwide, with a combined wealth of over US$ 9.1 trillion, up from US$7.67 trillion in 2017. According to a 2017 Oxfam report, the top eight richest billionaires own as much combined wealth as “half the human race”.

What is Maine’s industry?

Its industrial outputs are paper, lumber, and wood products, electronic equipment, leather products, food processing, textiles, and tourism. Naval shipbuilding remains important as well, with Bath Iron Works in Bath and Portsmouth Naval Yard in Kittery. Maine ports play a key role in national transportation.

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Who is the richest person in the world 2021?

Jeff Bezos
Jeff Bezos is the world’s richest for the fourth year running, worth $177 billion, while Elon Musk rocketed into the number two spot with $151 billion, as Tesla and Amazon shares surged.

Who is the richest person in New Hampshire?

Rick Cohen, reportedly the richest guy in NH. This NH news tidbit comes from www.supercompressor.com, which lists the richest residents of each state. At No. 18 is Richard Cohen, of Keene, NH, reportedly worth $11.2 billion through his successful national C&S Wholesale Grocers with locations around the country.

Filed Under: United States

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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