County profile
Penobscot County, ME
United States · GDP 2024
#455 of 3,127 US counties by GDP65th-percentile growthmore diversified than 69% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$9.6B
BEA · 2024
GDP growth (YoY)
+5.7%
BEA · 2024
Jobs tracked
60,749
Census CBP · 2023
Employers
4,222
Census CBP · 2023
Avg. wage
$53.6k
BLS QCEW · 2023
Population
157,967
Census PEP · 2025
Labor, income & education
Unemployment
2.9%
Median HH income
$66.4k±$1.9k
Bachelor's degree+
30.1%±1.3%
Poverty rate
14.1%±1.0%
Business applications
1,371 · 2025
Retail establishments
670
42.6/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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 care36%
Retail trade27%
Food & accommodation14%
Construction9%
Manufacturing7%
Transportation7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
157,967
residents · 2025 · +3.8% since 2020
Income per capita $56.6k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+6,821
International migration+2,454
Natural change−3,586
GDP trend
2019–2024 · nominal
$7.1B2019
$7.3B2020
$7.9B2021
$8.5B2022
$9.1B2023
$9.6B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$214.1k±$4.5k
Median gross rent
$1.0k/mo±$28/mo
Vacancy rate
13.8%±0.8%
Affordability
4.0× wages
Residential permits
$106.1M
486 units · 3.1/1k pop
FEMA risk score
78.0
HUD Fair Market Rent (2BR):no HUD FMR published for this area
TOP PERILS · FEMA NRI
Winter weather 100Ice storm 97Lightning 91
FHFA HOUSE PRICE INDEX · 2016–2025
3152016
3252017
3372018
3552019
3732020
4252021
5022022
5572023
6002024
6282025
RESIDENTIAL PERMITS · 2021–2025
↑ 32% since 20213682021
4152022
4042023
4502024
4862025
Transport access
BTS · FAA · USACE
Nearest interstate
3.8 km
I-95
Nearest freight rail
2.2 km
NBSR
Nearest port
68.6 km
BARRETT PAVING MATERIALS BANGOR WHARF
Nearest commercial airport
67.1 km
BANGOR INTL
Wage trend
BLS QCEW · 2019–2023$53.6k
avg. annual pay · +22% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Penobscot?
Penobscot's economy produced $9.6B in 2024, growing 5.7% year over year — faster 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.