The richest town in 2020 was Saco. The stats that lead to Saco coming in as Maine's richest town were the following: Population 19,497. Median Income: $70,517.
Cumberland Foreside is a small portion of Cumberland. It bears the distinction of being the most wealthy town in Maine with a median household income of about $100,000 among its 1,200 residents. The "foreside" in its name indicates its proximity to the Fore River. It is ranked #184 of the richest towns in America.
There are nearly 2,400 people worldwide whose individual net worth exceeds $1 billion -- and more than one-quarter of them live in the United States.
This is the City in Maine With the Most Billionaires.
| City with the most billionaires: | Maine: Scarborough |
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| Number of billionaires: | 1 |
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| Total billionaire net worth: | $2 billion |
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| Top billionaire: | Susan Alfond |
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There are fewer than 32,000 millionaire households in Maine – a state in which rich and poor alike face relatively high living costs and taxes.
These Are The 10 Best Places To Live In Maine
- City of South Portland.
- Town of Scarborough.
- Town of Brunswick.
- Town of Cumberland.
- Town of Topsham.
- Town of Freeport.
- City of Portland.
- Town of Hampden.
Susan Alfond Net Worth – $ 1.2 BillionThe incredible fortune, which they inherited from her father has significantly grown to over $1.1 Billion which makes Susan Alfond the richest person in Maine.
Is it expensive to live in Maine? A recent study showed that the cost of living in Maine is the sixth highest in the country. Maine residents spend 91.3% of their income on expenses, which is about 10% more than the national average.
Maine has affordable housing and a lower low cost of living than neighboring states. In addition, it has some of the lowest crime rates in the nation. United States News & World Report ranked Maine as the 1st overall safest state to live, (also 1st in the list of low violent crime and 4th in low property crime).
Maine has consistently been ranked as the #1 safest state in the country! With the lowest property crime and violent crime rates, it's one less thing you need to worry about – and an easy choice to consider where you want to enjoy your active, retirement years.
Washington County has the highest poverty rate in the state (19.4 percent), followed by Somerset (18.6 percent) and Piscataquis (16.6 percent).
Table
| Population | |
|---|
| Income & Poverty | |
| Median household income (in 2019 dollars), 2015-2019 | $57,918 |
| Per capita income in past 12 months (in 2019 dollars), 2015-2019 | $32,637 |
| Persons in poverty, percent | î¡€î ¿ 10.9% |
Our cost of living indices are based on a US average of 100. An amount below 100 means Maine is cheaper than the US average.
Maine cost of living is 96.5.
| COST OF LIVING | Maine | United States |
|---|
| Health | 100.1 | 100 |
| Housing | 99.2 | 100 |
| Median Home Cost | $301,700 | $291,700 |
| Utilities | 103.6 | 100 |
Pew defines "middle class" as a person earning between two-thirds and twice the median American household income, which in 2019 was $68,703, according to the United States Census Bureau. That puts the base salary to be in the middle class just shy of $46,000.
The poorest U.S. states can be determined by looking at poverty rates and median household incomes. In 2019, the U.S. poverty rate was 12.3%.
Poorest U.S. States
- Mississippi. Mississippi is the poorest U.S. state.
- West Virginia.
- Louisiana.
- Arkansas.
- New Mexico.
“The term “DownEast†or “Downeast†is most often defined in Maine as the eastern coastal region of the State that covers Washington County and Hancock County beginning in Ellsworth and stretching to the East all the way to the Maritime Provinces. †Click here for the full story on the origin of the name “DownEast†.
Maine gets quite chilly in November, with average temperatures in the 40s during the day and 20s at night. That means you should pack plenty of warm clothing and dress in layers while you're here.
Beddington is a town in Washington County, Maine, United States. The population was 50 at the 2010 census. It is the smallest organized town in Maine. The rivers and lakes in the town are part of a salmon spawning migratory path.
| Beddington, Maine |
|---|
| State | Maine |
| County | Washington |
| Area |
| • Total | 37.86 sq mi (98.06 km2) |
The phrase apparently derives from sailing terminology: sailors from western ports sailed downwind toward the east to reach the area. A person from this area may be called a down-easter. Within Maine, the phrase "Down East" may refer specifically to the state's easternmost regions, also called Down East Maine.
Featured DownEast & Acadia Towns
- Calais.
- Machias.
- Ellsworth.
- Eastport.
- Winter Harbor.
- Bar Harbor.
- Grand Lake Stream.
- Milbridge.
Maine's long rocky Atlantic Coast is known for its frigid waters and an ample fishery – most famed for the Maine lobster. The state also is known for more than 40,000 acres of wild blueberries. 7. There are about 43 people per square mile in Maine.
Most beautiful towns in America: Part 2
- Medora, North Dakota.
- Marietta, Ohio.
- Polson, Montana.
- Carmel-by-the-Sea, California.
- Incline Village, Nevada.
- Fairhope, Alabama.
- East Lyme, Connecticut.
- Pullman, Washington.
6 Beautiful New England States
- Connecticut. While much of Connecticut is made up of picturesque rolling hills, rural areas, and scenic countryside, its coastline is equally delightful to explore, as beautiful beaches and cities dot its shores.
- Maine.
- Massachusetts.
- New Hampshire.
- Rhode Island.
- Vermont.
Maine is the 12th-smallest by area, the 9th-least populous, the 13th-least densely populated, and the most rural of the 50 U.S. states.
| Maine |
|---|
| • Total | 35,385 sq mi (91,646 km2) |
| • Land | 30,862 sq mi (80,005 km2) |
| • Water | 4,523 sq mi (11,724 km2) 13.5% |
| Area rank | 39th |
