Places/ME/Kennebec County, ME
County profile

Kennebec County, ME

United States · GDP 2024
#500 of 3,127 US counties by GDPtop-quartile growthmore diversified than 66% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$8.6B
BEA · 2024
GDP growth (YoY)
+7.8%
BEA · 2024
Jobs tracked
49,617
Census CBP · 2023
Employers
3,318
Census CBP · 2023
Avg. wage
$56.8k
BLS QCEW · 2023
Population
129,067
Census PEP · 2025
Labor, income & education
Unemployment
2.7%
Median HH income
$69.1k±$2.6k
Bachelor's degree+
31.9%±1.3%
Poverty rate
11.6%±1.2%
Business applications
1,134 · 2025
Retail establishments
524
40.7/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

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 care35%
Retail trade26%
Food & accommodation15%
Manufacturing9%
Education9%
Construction7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
129,067
residents · 2025 · +3.5% since 2020
Income per capita $61.2k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+5,532
International migration+1,299
Natural change2,583

GDP trend

20192024 · nominal
$6.1B
2019
$6.3B
2020
$6.9B
2021
$7.5B
2022
$7.9B
2023
$8.6B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$238.2k±$5.2k
Median gross rent
$992/mo±$43/mo
Vacancy rate
14.5%±1.0%
Affordability
4.2× wages
Residential permits
$121.1M
510 units · 4.0/1k pop
FEMA risk score
75.2
HUD Fair Market Rent (2BR):no HUD FMR published for this area
TOP PERILS · FEMA NRI
Winter weather 98Ice storm 97Hurricane 88
FHFA HOUSE PRICE INDEX · 20162025
233
2016
235
2017
251
2018
262
2019
276
2020
325
2021
381
2022
419
2023
449
2024
472
2025
RESIDENTIAL PERMITS · 20212025
17% since 2021
436
2021
549
2022
441
2023
480
2024
510
2025

Transport access

BTS · FAA · USACE
Nearest interstate
1.5 km
I-95
Nearest freight rail
3.6 km
CSXT
Nearest port
55.7 km
Bath Iron Works Corp., Pier No. 1.
Nearest commercial airport
10.2 km
AUGUSTA STATE
Wage trend
BLS QCEW · 20192023
$56.8k
avg. annual pay · +25% since 2019
The read

What is the GDP of Kennebec?

Kennebec's economy produced $8.6B in 2024, growing 7.8% 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.