- 53,058 employers
- 615,777 employees
- $872 average weekly wage
- The average weekly wage is 20.8% below the national average
- The cost of living is 17.2% above the national average
Types of Employers (Private Sector vs. Government Agency)
As an employer in Maine, you are most likely to be running a private company rather than a government agency. 94.3% of employers run private companies in the state, 2.8% lower than the national average. The remaining 5.7% of employers are government agencies: 1.2% of employers are federal agencies, 0.4% are state agencies and 4.1% are local government agencies. The chart below illustrates this breakout.
84.4% of employees work for a private company. This is 0.9% below the national average of 85.2%. Local government agencies employ 9.5% of the workers in the state, state government agencies employ 3.6% of the workers and the federal government employs 2.5%. The percentage of employees working for a government agency (15.6%) is 0.9% higher than the national average.
The average pay in the state is $872, which is 20.8% lower than the national average of $1,101. Maine workers that are employed by private businesses earn $864 per week, 21.5% lower than the national average for private company employees. Employees of federal government agencies in Maine earn $1,475 per week, a premium of 70.7% compared to what employees of private companies earn. The chart below illustrates the average weekly by type of employer.
Leading Sectors & Industries
The sector with the greatest number of businesses in the state is Retail trade with 12.1% of the businesses in the state. Professional services (11.6%) and Construction (10.9%) round out the top 3 sectors. The sector that employs the greatest number of workers is Healthcare which employs 20.1% of all workers, followed by Retail trade and Accommodation and food services which account for 15.6% and 11.4% of private company employees. The table below illustrates the number of businesses by sector:
|Professional and technical services||5,804||11.6%|
|Health care and social assistance||4,814||9.6%|
|Accommodation and food services||4,169||8.3%|
|Other services, except public administration||3,848||7.7%|
|Administrative and waste services||3,371||6.7%|
|Finance and insurance||2,087||4.2%|
|Real estate and rental and leasing||1,712||3.4%|
|Transportation and warehousing||1,365||2.7%|
|Agriculture, forestry, fishing and hunting||1,333||2.7%|
|Arts, entertainment, and recreation||886||1.8%|
|Management of companies and enterprises||632||1.3%|
|Mining, quarrying, and oil and gas extraction||39||0.1%|
The table below lists the sectors with the greatest number of employees:
|Health care and social assistance||104,644||20.1%|
|Accommodation and food services||59,240||11.4%|
|Administrative and waste services||30,837||5.9%|
|Professional and technical services||27,223||5.2%|
|Finance and insurance||22,899||4.4%|
|Other services, except public administration||17,995||3.5%|
|Transportation and warehousing||16,266||3.1%|
|Management of companies and enterprises||11,103||2.1%|
|Arts, entertainment, and recreation||9,548||1.8%|
|Agriculture, forestry, fishing and hunting||6,913||1.3%|
|Real estate and rental and leasing||6,904||1.3%|
|Mining, quarrying, and oil and gas extraction||230||0.0%|
The table below is ordered by the average weekly wage for each sector:
|Management of companies and enterprises||$1,532|
|Finance and insurance||$1,457|
|Professional and technical services||$1,368|
|Mining, quarrying, and oil and gas extraction||$1,090|
|Health care and social assistance||$920|
|Real estate and rental and leasing||$823|
|Transportation and warehousing||$808|
|Agriculture, forestry, fishing and hunting||$781|
|Administrative and waste services||$711|
|Other services, except public administration||$654|
|Arts, entertainment, and recreation||$480|
|Accommodation and food services||$417|
Each broad sector is made up of specific industries. In Maine the industry with the most businesses is Restaurants and other eating places (with 2,878 businesses employing 43,401 workers). The next industry is Residential building construction. Here are the industries with the most businesses in the state:
|Detailed Industry||# Biz||Emp/Biz|
|Restaurants and other eating places||2,878||15.1|
|Residential building construction||1,500||3.1|
|Computer systems design and related services||1,418||3.9|
|Management consulting services||894||2.5|
Restaurants and other eating places is the industry that employs the most workers, employing a total of 43,401 people in 2,878 businesses. On average, these employees are paid $389, 55.4% less than the state average. There are 15.1 employees on average in each of these businesses. The next largest employing industry is General medical and surgical hospitals.
|Detailed Industry||# Emp||Emp/Biz|
|Restaurants and other eating places||43,401||15.1|
|General medical and surgical hospitals||31,391||826.1|
|Supermarkets and other grocery stores||15,699||45.0|
|Management of companies and enterprises||11,103||17.6|
|Offices of physicians||10,504||17.1|
|Services for the elderly and disabled||9,614||18.9|
The industry that pays the most (on an average weekly basis) is Investment banking and securities dealing. There are 84 employees working in 16 businesses. The next best paying industries are Portfolio management and Securities brokerage.
|Detailed Industry||Wkly Wage|
|Investment banking and securities dealing||$4,885|
|Medical equipment merchant wholesalers||$2,504|
|Plastics materials merchant wholesalers||$2,342|
|Computer and software merchant wholesalers||$2,329|
The solopreneur company, has the most businesses in Maine by far. 64.5% of all businesses in the state have fewer than 5 employees. The 49,223 small businesses in the state represent 96.8% of all private businesses. The national average is 97.4%. (Small businesses have fewer than 50 employees.) The pie chart below illustrates the ratio of business sizes.
The largest companies in the state represent 7.8% of all employees, which is 3.1% lower than the national average of 11.0%. Interestingly, the smallest companies in the state employ a higher percentage than the largest companies, this is not typical. The solopreneur (those that employ fewer than 5) companies employ 8.6% of all workers, which is 1.3% higher than the national average of 7.3%. All small companies, those employing fewer than 50 people, represent 51.1% of the labor force in the state, 7.5% more than the national average of 43.6%.
Maine workers in every size business are paid less than the national average. The smallest companies in Maine (those with fewer than 5 employees) pay workers 7.5% less than the national average ($907 per week as compared to the national average of $975 per week. The largest companies in Maine (those with more than 1,000 employees) pay 31.6% workers below the national average ($1,430 per week as compared to the national average of $1,882 per week.
This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.