Places/ME/Cumberland County, ME
County profile

Cumberland County, ME

United States · GDP 2024
#171 of 3,127 US counties by GDP70th-percentile growthmore diversified than 96% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$34.6B
BEA · 2024
GDP growth (YoY)
+6.2%
BEA · 2024
Jobs tracked
190,022
Census CBP · 2023
Employers
12,242
Census CBP · 2023
Avg. wage
$68.8k
BLS QCEW · 2023
Population
317,222
Census PEP · 2025
Labor, income & education
Unemployment
2.3%
Median HH income
$95.7k±$1.9k
Bachelor's degree+
53.0%±1.2%
Poverty rate
7.3%±0.6%
Business applications
3,769 · 2025
Retail establishments
1,424
45.3/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1IDEXX Laboratories, Inc.Healthcare$4.3B88A2WEX Inc.Technology$1.8B79B+3Synergy CHC Corp.Healthcare$30.4M35D4ImmuCell CorporationHealthcare$27.6M64C5Elmet Group Co.Industrials6ASA Gold and Precious Metals LimitedFinancial Services7Northeast BankFinancial Services

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care30%
Retail trade19%
Food & accommodation14%
Finance & insurance13%
Manufacturing12%
Professional services12%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
317,222
residents · 2025 · +4.5% since 2020
Income per capita $90.1k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+5,425
International migration+9,657
Natural change1,489

GDP trend

20192024 · nominal
$23.7B
2019
$24.8B
2020
$27.5B
2021
$29.8B
2022
$32.6B
2023
$34.6B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$451.2k±$5.8k
Median gross rent
$1.6k/mo±$36/mo
Vacancy rate
13.8%±0.6%
Affordability
6.6× wages
Residential permits
$572.3M
1,756 units · 5.5/1k pop
FEMA risk score
77.0
HUD Fair Market Rent (2BR):no HUD FMR published for this area
TOP PERILS · FEMA NRI
Winter weather 99Ice storm 98Hurricane 91
FHFA HOUSE PRICE INDEX · 20162025
709
2016
754
2017
802
2018
841
2019
882
2020
1014
2021
1205
2022
1344
2023
1418
2024
1475
2025
RESIDENTIAL PERMITS · 20212025
-10% since 2021
1,944
2021
1,990
2022
1,547
2023
1,385
2024
1,756
2025

Transport access

BTS · FAA · USACE
Nearest interstate
4.1 km
I-95
Nearest freight rail
9.0 km
CSXT
Nearest port
16.7 km
YARMOUTH TOWN LANDING (TOWN)
Nearest commercial airport
22.1 km
PORTLAND INTL JETPORT
Waterborne tonnage, host port(s) (CY2023):4,263,411 short tons/yr · Portland, ME
Wage trend
BLS QCEW · 20192023
$68.8k
avg. annual pay · +27% since 2019
Nearby & same-state counties
by GDP rank
York$13.6BPenobscot$9.6BKennebec$8.6B
The read

What is the GDP of Cumberland?

Cumberland's economy produced $34.6B in 2024, growing 6.2% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.