EconPulse

county

Somerset County, Maine

ME · population 50,959 · GEOID 23025

No score yet. It is computed when the file is built.

Median gross rent is better than the national figure.

U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · pulled 2026-10-31

data 2026.10 · built 2026-10-31 · pulled 2026-10-31

Population

50,959

3.67% of Maine · 50,959 of 1,387,817

Receipt U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · pulled 2026-10-31

Unemployment

4.1%

+0.1 pts above the United States

2024-012026-09

This placeUnited States

Table, 32 periods
Unemployment, against United States
PeriodThis placeUnited StatesMargin
2024-014.8%4.1%—
2024-025.1%4.2%—
2024-034.4%3.9%—
2024-043.8%3.5%—
2024-053.5%3.7%—
2024-063.1%4.3%—
2024-073.6%4.5%—
2024-083.4%4.4%—
2024-093.2%3.9%—
2024-103.5%3.9%—
2024-114.1%4.0%—
2024-124.5%3.8%—
2025-015.7%4.4%—
2025-025.6%4.5%—
2025-035.1%4.2%—
2025-045.0%3.9%—
2025-054.2%4.0%—
2025-063.6%4.4%—
2025-074.2%4.6%—
2025-083.9%4.5%—
2025-093.9%4.3%—
2025-114.3%4.3%—
2025-124.7%4.1%—
2026-016.1%4.7%—
2026-025.5%4.7%—
2026-034.6%4.3%—
2026-044.5%4.0%—
2026-054.0%4.1%—
2026-063.6%4.4%—
2026-074.2%4.4%—
2026-084.1%4.3%—
2026-094.1%4.0%—

Receipt U.S. Bureau of Labor Statistics · Local Area Unemployment Statistics · LAUCN230250000000003 · 2026-09 · pulled 2026-10-31

Median gross rent

$910

better than the United States

This place $910
Maine $1,139
United States $1,413

Receipt U.S. Census Bureau · American Community Survey 5-Year · B25064 · 2020-2024 · pulled 2026-10-31

Output

$2.4B

+3.6% vs 2023

20162024
Table, 9 periods
Output
PeriodOutputMargin
2016$1.7B—
2017$1.7B—
2018$1.7B—
2019$1.8B—
2020$1.9B—
2021$2.0B—
2022$2.2B—
2023$2.4B—
2024$2.4B—

Maine $99.2B · this place is 2.46% of the state

This measure has no national series.

Receipt U.S. Bureau of Economic Analysis · BEA Regional, CAGDP2 · CAGDP2-1 · 2024 · pulled 2026-10-31

Federal obligations

$15.2M

+55.7% vs FY2025

FY2021FY2026
Table, 6 periods
Federal obligations
PeriodFederal obligationsMargin
FY2021$3.8M—
FY2022$5.6M—
FY2023$7.5M—
FY2024$8.7M—
FY2025$9.8M—
FY2026$15.2M—

This measure has no state or national series.

Receipt USAspending.gov · Federal award obligations by county · spending_by_geography · FY2026 · pulled 2026-10-31

More about this place

Median age 47.0 U.S. Census Bureau · 2020-2024
Bachelor's degree or higher 21.1% U.S. Census Bureau · 2020-2024
Poverty rate 14.2% U.S. Census Bureau · 2020-2024
Labor force participation 55.7% U.S. Census Bureau · 2020-2024
Median home value $166,900 U.S. Census Bureau · 2020-2024
Median household income $58,179 U.S. Census Bureau · 2020-2024
Unemployment rate, five-year average 3.5% U.S. Census Bureau · 2020-2024
Consumer price index (United States) 336 U.S. Bureau of Labor Statistics · 2026-09-01
30-year fixed mortgage rate (United States) 7.2% Freddie Mac · 2026-10-29
Share of Maine 3.67% U.S. Census Bureau · 2020-2024