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Real Estate in Washington County Maine

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					                                                         Demographic Profile
                                                               Population Trends
                                                     Population and Components of Change
                                                                                                 Change from 2000 to 2008
                                    Estimate Year
                                                                                                                  Components of Change
           Area
                                                                    Net            Percent        Natural                        Net Migration
                          2000           2007           2008
                                                                                                 Increase             Total     International          Internal
Maine                   1,277,225     1,317,207       1,316,456     39,231                3.1%        12,652           34,624          5,371               29,253
Aroostook                  73,866         72,047         71,676     -2,190               -3.0%        -1,127             -788            385               -1,173
Census Bureau          For more detail


            Population by Gender and Age, 2007                                                          Population Index
                                                                          Index, 2000 = 100
                                         Percent of Total                   104%
 Gender/Age Group       Number
                                     Aroostook         Maine
Total                      72,176        100.0%         100.0%
 Male                      35,255         48.8%          48.8%              102%
 Female                    36,921         51.2%          51.2%
Under 14                   11,386         15.8%          17.3%
15 to 24                    9,414         13.0%          12.9%              100%

25 to 34                    7,482         10.4%          11.3%
35 to 44                    9,748         13.5%          14.7%
45 to 54                   11,735         16.3%          16.5%               98%

55 to 64                    9,742         13.5%          12.6%
65 to 74                    6,465          9.0%           7.5%
                                                                             96%
75 to 84                    4,693          6.5%           5.3%
                                                                                        2000   2001   2002     2003     2004    2005   2006     2007    2008
85+                         1,511          2.1%           1.9%
                                                                                                             Maine              Aroostook
Median Age                  -                   43             41
Census Bureau          For more detail


Demographic Facts
-Populartion growth in Aroostook County has been declining for several years.
-The share of foreign born residents is higher than the statewide average but lower than the national average.
-The population is older than the statewide average.
-Educational attainment is lower than the statewide average.
-Most income measures are lower and poverty is higher than statewide averages.

Population density: 11 people per square mile
Largest cities (population): Preques Isle (9,104), Caribou (8,154), Houlton (6,169)
Population born outside U.S.: 5.2%
Median age: 43 years
Average household size: 2.31
Population age 25+ with:
 high school diploma - 89.6%
 bachelor's or higher degree - 24.3%
Average work commute: 21 minutes
Fast Facts                                                 Demographic Profile
                                               Education, Income & Poverty Characteristics
                                                Sources of Personal Income, 2000 and 2007
                                                              Income (in 000 $)          Change in Personal Income             Percent of Total
                        Source
                                                              2000            2007         Net            Percent          Aroostook       Maine
Personal income                                             $1,539,909      $1,988,244    $448,335                29.1%         100.0%     100.0%
Net earnings 1/                                               $917,327      $1,179,692    $262,365                28.6%           59.3%     63.9%
Personal current transfer receipts                            $397,831       $612,343     $214,512                53.9%           30.8%     19.6%
  Income maintenance 2/                                        $44,575        $50,384       $5,809                13.0%            2.5%      1.6%
  Unemployment insurance compensation                              $6,485      $9,546       $3,061                47.2%            0.5%      0.3%
  Retirement and other                                        $346,771       $552,413     $205,642                59.3%           27.8%     17.7%
Dividends, interest, and rent                                 $224,751       $196,209     -$28,542               -12.7%            9.9%     16.5%
Earnings by place of work ($000)                            $1,032,834      $1,342,063    $309,229                29.9%           67.5%     69.7%
  Wage and salary disbursements                               $746,317       $952,234     $205,917                27.6%           47.9%     50.0%
  Supplements to wages and salaries                           $171,583       $245,206      $73,623                42.9%           12.3%     12.0%
   Employer pension and insurance contributions               $115,300       $179,336      $64,036                55.5%            9.0%      8.6%
   Employer govt social insurance contributions.               $56,283        $65,870       $9,587                17.0%            3.3%      3.5%
  Proprietors' income                                         $114,934       $144,623      $29,689                25.8%            7.3%      7.7%
   Nonfarm proprietors' income                                $100,967       $133,767      $32,800                32.5%            6.7%      7.6%
   Farm proprietors' income                                    $13,967        $10,856       -$3,111              -22.3%            0.5%      0.1%
Bureau of Economic Analysis       For more detail




                    Household Income, 2007                                                               Per Capita Personal Income
                         Number of       Percent of Households                                    Year        Aroostook        Maine        U.S.
   Income Bracket
                         Households       Aroostook        Maine                                  2000          $20,847         $25,973 $29,845
  Total households              31,114         100.0%      100.0%                                 2001          $22,344         $27,323 $30,574
Less than $10,000                4,009          12.9%         8.0%                                2002          $23,370         $27,816 $30,821
$10,000 to $14,999               3,194          10.3%         6.7%                                2003          $24,365         $28,795 $31,504
$15,000 to $24,999               4,728          15.2%       12.4%                                 2004          $24,761         $30,191 $33,157
$25,000 to $34,999               3,909          12.6%       12.0%                                 2005          $25,707         $30,798 $34,690
$35,000 to $49,999               4,822          15.5%       15.6%                                 2006          $25,707         $30,798 $34,690
$50,000 to $74,999               5,599          18.0%       20.5%                                 2007          $26,633         $32,287 $36,794
$75,000 to $99,999               2,725           8.8%       11.6%                                Bureau of Economic Analysis        More detail
$100,000 to $149,999             1,532           4.9%         8.8%
$150,000 to $199,999              361            1.2%         2.4%                                             Poverty Rates, 2006
$200,000+                         235            0.8%         2.1%                                    Age Group            Aroostook       Maine
Median household income                    $32,642      $45,211                                  All people                       18.0%     12.8%
Mean household income                      $42,267      $57,696                                    Under 18 years                 21.8%     17.1%
Census Bureau       For more detail                                                                18 years and over              17.0%     11.6%
                                                                                                   18 to 64 years                 17.4%     11.9%
                      School Enrollment, 2007                                                      65 years and over              15.5%     10.1%
                                                 Percent of Total                                  People in families             11.6%      9.1%
        Enrollment               Number
                                               Aroostook       Maine                             Census Bureau       For more detail
            Total                     15,600        100.0%      100.0%
Primary School                         7,731          49.6%        50.0%
Secondary School                       3,730          23.9%        23.6%
College/graduate school                4,139          26.5%        26.4%
Census Bureau       For more detail
Fast Facts                                           Demographic Profile
                                                                          Index, 2000 = 100




                                                      Educational Attainment

                                            40.2%
                                                    36.4%




                                                               17.7% 17.7%                                             17.0%
                                                                                                               11.8%
       9.1%             8.3%                                                                    8.6% 8.8%                                  8.9%
                               6.9%
              4.2%                                                                                                                  4.3%


  Less than 9th grade 9th to 12th grade,    High school     Some college, no Associate's degree Bachelor's degree     Graduate or
                         no diploma      graduate (includes    degree                                             professional degree
                                            equivalency)



                                                             Aroostook         Maine

Census Bureau           For more detail

                                                            Per Capita Income
                                                        (Percent of national average)
 95%

 90%

 85%

 80%

 75%

 70%

 65%
               2000         2001            2002             2003                     2004              2005            2006           2007

                                                             Aroostook                        Maine

Bureau of Economic Analysis           For more detail

                                                            Poverty Rates

                            21.8%

       18.0%                        17.1%                                 17.4%
                                                    17.0%
                                                                                                            15.5%
               12.8%
                                                            11.6%                              11.9%                              11.6%
                                                                                                                    10.1%
                                                                                                                                          9.1%




        All people        Under 18 years       18 years and over         18 to 64 years                 65 years and over      People in families

                                                            Aroostook         Maine

Census Bureau           For more detail
                                     Workforce Profile
                                 Employment & Unemployment
   September Labor Force Estimates for Aroostook County (not seasonally adjusted)

                Civilian                                                   Unemployment Rate
   Year                       Employed      Unemployed
              Labor Force                                       Aroostook            Maine        U.S.
   2009            35,160        31,880             3,280             9.3%            7.8%            9.5%
   2008            35,174        32,785             2,389             6.8%            5.0%            6.0%
   2007            35,004        33,080             1,924             5.5%            4.2%            4.5%
   2006            35,477        33,396             2,081             5.9%            4.1%            4.4%
   2005            34,983        32,901             2,082             6.0%            4.5%            4.8%
   2004            34,348        32,590             1,758             5.1%            4.0%            5.1%
Center for Workforce Research and Information                 For more detail

                            Average Annual Unemployment Rate
 8%




 6%




 4%




 2%
       1998       1999   2000    2001     2002   2003       2004    2005     2006     2007     2008

                                             Maine             Aroostook

Center for Workforce Research and Information
For more detail

                                 Average Annual Labor Force
   37,500


   35,000


   32,500

                                                                                                2,565
   30,000                                                          2,315     2,329
                                            2,113      2,119                           2,194
                                  1,774
   27,500
              1,426      1,514

   25,000
              2000       2001     2002      2003       2004        2005      2006      2007     2008


                            Unemployed           Civilian Labor Force                Employed

Center for Workforce Research and Information
For more detail
                                              Workforce Profile
                                      Industry Employment, Wages & Outlook
                                                  Wage & Salary Jobs              Change          2008   2004 to 2014
                    Industry Sector                                                              Average Projected Job
                                                    2000           2008        Net       Percent Wage      Growth*
Total Employment                                    30,298         30,123   -175 -0.6%            $30,023            0.2%
  Goods-Producing                                    6,599          5,602   -997 -15.1%           $36,397           -9.6%
    Natural Resource & Mining                      1402.08          1,371    -31 -2.2%            $29,712           -3.8%
       Agriculture, Forestry, Fishing &              1,393          1,371    -22 -1.6%            $29,712           -3.9%
       Hunting
       Construction                                    808            865     57   7.0%           $33,840           -1.6%
       Manufacturing                                 4,389          3,366 -1,023 -23.3%           $39,777          -13.6%
  Service-Providing                                 17,950         17,845   -105 -0.6%            $25,784            4.1%
    Trade, Transportation, and Utilities             6,005          5,968    -37 -0.6%            $24,507            0.1%
       Wholesale Trade                                 641            565    -76 -11.9%           $38,878            1.0%
       Retail Trade                                  4,219          4,310     91   2.2%           $20,553            1.9%
       Transportation and Warehousing                1,123          1,014   -109 -9.7%            $31,204           -5.6%
       Utilities                                        22             80     58 262.3%           $51,077          -12.6%
    Information                                      1,264            877   -387 -30.6%           $28,292            3.3%
    Financial Activities                             1,266          1,045   -221 -17.5%           $32,692            4.4%
       Finance and Insurance                           992            713   -279 -28.1%           $37,088            1.2%
       Real Estate and Rental and Leasing              274            332     58 21.0%            $23,244           14.6%
    Professional and Business Services               1,586          1,608     22   1.4%           $26,267            0.4%
       Professional and Technical Services             436            449     13   3.0%           $34,015            2.5%
       Management of Companies and
                                                        277           281            4     1.6%   $45,364           -9.1%
       Enterprises
       Administrative and Waste Services                873           877           4   0.4%      $16,188           2.5%
    Education and Health Services                     5,229         5,789         560 10.7%       $30,889          10.2%
       Educational Services                             N/D           220         N/D    N/D      $27,907          -5.9%
       Health Care and Social Assistance              5,175         5,569         394   7.6%      $31,006          10.5%
    Leisure and Hospitality                           1,920         2,097         177   9.2%      $11,895           9.1%
       Arts, Entertainment, and Recreation               84           111          28 32.9%       $14,034           8.0%
       Accommodation and Food Services                1,837         1,986         149   8.1%      $11,776           9.1%
       Other Services                                   566           461        -105 -18.6%      $19,288           3.2%
       Government                                     5,749         6,675         926 16.1%       $36,004           1.6%
         Federal                                        801         1,209         408 50.9%       $52,754          -6.0%
         State                                        1,067         1,408         341 32.0%       $38,515          -1.0%
         Local                                        3,881         4,058         177   4.6%      $30,142           3.9%
*Projection for the Northern Region, which includes Aroostock and Washington Counties.               N/D: Non-disclosable
Center for Workforce Research and Information       For more detail


Index, 2000 = 100
                                                    Jobs Index
  104%



  102%



  100%



   98%



   96%
               2000        2001       2002     2003         2004          2005           2006     2007      2008

                                                    Maine          Aroostook
                                          Workforce Profile
                               Industry Employment, Wages & Outlook
                                          Employment Dynamics
                        Aroostook 2008 Aroostook (Avg:Selected +                     Maine (Avg:Selected + 3
Workforce Indicators         (Q3)             3 Prior qtrs)
                                                                   Maine 2008 (Q3)
                                                                                            Prior qtrs)

Total Employment               28,335                  28,478             602,831                  586,599

Net Job Flows                      44                     -111             -15,758                   1,446

Job Creation                    1,723                    1,629             24,736                   34,633

New Hires                       4,592                    3,777             95,722                   82,546

Separations                     5,636                    5,189            131,405                  105,136

Turnover                        10.4%                    9.1%                9.8%                     8.8%

Avg Monthly Earnings           $2,499                  $2,498              $3,000                  $3,036

Avg New Hire Earnings          $1,675                  $1,527              $1,829                  $1,895

Census Bureau           For more detail

Workforce Facts
-The labor force has been relatively unchanged for many years.
-Nearly 5 percent of all jobs in Maine are with employers in Aroostook County.
-There is a larger share of jobs in the agriculture, fishing, foresty and hunting, health care, and
manufacturing sectors than most regions of the state.
-A smaller share of jobs are in the professional and business services, leisure and hospitality, and
finance and insurance sectors.
-The average monthly earnings in Aroostook county are significiantly lower than the statewide
average.
-The jobs turnover rate is close to the state average primarily due to a mix of high and low turnover
industries.
-The share of jobs in transportation and material moving, installation, maintenance and repair, and
the health care support occupations is high.
                                     Workforce Profile
                        Occupational Employment, Wages & Outlook
                                                                   2008             2004 to 2014
                     Occupational Group                                              Projected
                                                                        Average
                                                          Employed                  Job Growth*
                                                                         Wage
Total all occupations                                         28,600      $27,545           0.2%

Management                                                      1,120     $60,718           1.3%

Business and Financial Operations                                 860     $49,105           -0.1%

Computer and Mathematical                                         230     $45,332          25.0%

Architecture and Engineering                                      110     $54,830           -1.7%

Life, Physical, and Social Science                                140     $48,749           1.0%

Community and Social Services                                     520     $34,811           8.3%

Legal                                                             120     $42,070           9.1%

Education, Training, and Library                                2,180     $32,710           0.3%

Arts, Design, Entertainment, Sports, and Media                    280     $18,249           2.2%

Healthcare Practitioners and Technical                          1,970     $50,148           8.2%

Healthcare Support                                              1,500     $22,475           9.1%

Protective Service                                                400     $29,279           6.3%

Food Preparation and Serving-Related                            2,160     $17,370           5.3%

Building and Grounds Cleaning and Maintenance                     860     $22,004           2.5%

Personal Care and Service                                         600     $19,603           7.6%

Sales and Related                                               2,930     $20,488           0.2%

Office and Administrative Support                               4,800     $26,675           -6.6%

Farming, Fishing, and Forestry                                    440     $32,359           -4.7%

Construction and Extraction                                     1,130     $28,934           -1.0%

Installation, Maintenance, and Repair                           1,520     $34,362           0.3%

Production                                                      2,300     $27,931          -12.0%

Transportation and Material Moving                              2,430     $24,886           -1.7%
N/D: Not Disclosable
*Projection for the Northern Region, which includes Aroostook and Washington Counties.
Center for Workforce Research & Information
For more detail on employment and wages                   For more detail on projections

				
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