BEA Regional Economic Accounts · CAGDP1 and CAINC1 · GDP, personal income and population, by year · Somerset County, ME
What is the GDP of Somerset County, ME?
The GDP of Somerset County, ME was $2.4 billion in the year ended .
Somerset County, ME, output, each year
- GDP, billions of dollars$2.4 billion$1.2 billion to $2.4 billion
- Real GDP, billions of dollars$1.9 billion$1.6 billion to $1.9 billion
- GDP per person, dollars$47,507$23,755 to $47,507
Somerset County, ME, income and people, each year
- Personal income, billions of dollars$2.7 billion$0.1 billion to $2.7 billion
- Income per person, dollars$53,415$2,944 to $53,415
- Population, people51,33840,531 to 52,459
Each row is one measure of Somerset County, ME over the years the page holds, one year to a point, with its newest value and its range printed beside it. A gap is a year with no value. Pointing at the chart shows the year and the value.
Observed .
Right now
The GDP of Somerset County, ME was $2.4 billion in 2024, ranking 1118th highest of 3,127 counties and county equivalents.
In real terms (chained 2017 dollars) the GDP of Somerset County, ME was up 2.0% over a year to 2024 and up 11.6% over five years (ours).
GDP per person was $47,507 in 2024, 2004th highest of 3,115 (ours).
IncomeOurs: change and rank
Personal income per person in Somerset County, ME was $53,415 in 2024, against $68,600 for Maine, 1897th highest of 3,127.
Personal income was $2.7 billion in 2024, up 5.8% over a year (ours), 1032nd highest of 3,127.
The population was 51,338 in 2024, up 0.3% over a year (ours), 993rd highest of 3,127.
Largest changesOurs
Since 2001 the real GDP of Somerset County, ME rose most in 2006, by 5.0%, and fell most in 2012, by 5.3%, each over the year before.
State
Somerset County lies in Maine.
Understanding the GDP and income of Somerset County, ME
Where it stands today
The GDP of Somerset County, ME was $2.4 billion in 2024.
What do the figures for Somerset County, ME measure?
This page gathers the output and income figures of Somerset County, ME that the Bureau of Economic Analysis (BEA) publishes: its gross domestic product (GDP), the value of what is produced there in a year, in current dollars and with price changes taken out; its personal income, what the people who live there receive; and its population.
Read more
BEA estimates the GDP of the counties once a year, in December, for the year before, and their personal income in the autumn. The figures are for calendar years and are not seasonally adjusted. BEA revises earlier years when it publishes a new one.
What 500metrics adds: the rank of Somerset County, ME among the counties, the change over a year and over five years in real terms, GDP per person, the years of its largest rise and fall, and the history of each figure as small charts.
The numbers behind the chart
What are the latest figures for Somerset County, ME?6 measures, each in its own newest year
| Measure | Year | Value | Change over a year | Change over five years | Maine | Rank |
|---|---|---|---|---|---|---|
| GDP | $2.4 billion | +3.6% | +38.8% | n/a | 1118 of 3127 | |
| Real GDP | $1.9 billion | +2.0% | +11.6% | n/a | n/a | |
| GDP per person (ours) | $47,507 | +3.2% | +36.7% | n/a | 2004 of 3115 | |
| Personal income | $2.7 billion | +5.8% | +40.6% | n/a | 1032 of 3127 | |
| Income per person | $53,415 | +5.4% | +38.5% | $68,600 | 1897 of 3127 | |
| Population | 51,338 | +0.3% | +1.5% | n/a | 993 of 3127 |
The table scrolls sideways; the first column stays in place.
What were the figures for Somerset County, ME in each year?24 years, 2001 to 2024, newest first
| Year | GDP | Real GDP | GDP per person | Income per person | Population |
|---|---|---|---|---|---|
| $2.4 billion | $1.9 billion | $47,507 | $53,415 | 51,338 | |
| $2.4 billion | $1.8 billion | $46,025 | $50,671 | 51,171 | |
| $2.2 billion | $1.8 billion | $42,750 | $48,245 | 51,027 | |
| $2.0 billion | $1.8 billion | $39,162 | $47,161 | 50,788 | |
| $1.9 billion | $1.8 billion | $37,001 | $43,393 | 50,473 | |
| $1.8 billion | $1.7 billion | $34,743 | $38,576 | 50,569 | |
| $1.7 billion | $1.7 billion | $34,679 | $37,358 | 50,426 | |
| $1.7 billion | $1.7 billion | $34,212 | $36,297 | 50,248 | |
| $1.7 billion | $1.8 billion | $34,436 | $35,650 | 50,453 | |
| $1.7 billion | $1.7 billion | $32,775 | $34,760 | 50,658 |
Show 14 more rows
| Year | GDP | Real GDP | GDP per person | Income per person | Population |
|---|---|---|---|---|---|
| $1.6 billion | $1.7 billion | $32,133 | $33,339 | 51,180 | |
| $1.6 billion | $1.8 billion | $31,936 | $31,970 | 51,659 | |
| $1.7 billion | $1.8 billion | $32,251 | $32,527 | 51,782 | |
| $1.7 billion | $1.9 billion | $33,380 | $33,712 | 51,916 | |
| $1.7 billion | $1.9 billion | $31,886 | $32,223 | 52,213 | |
| $1.6 billion | $1.9 billion | $31,253 | $31,919 | 52,104 | |
| $1.6 billion | $1.9 billion | $30,841 | $30,651 | 52,316 | |
| $1.6 billion | $1.8 billion | $29,637 | $28,350 | 52,459 | |
| $1.5 billion | $1.9 billion | $29,346 | $27,458 | 52,195 | |
| $1.4 billion | $1.8 billion | $27,307 | $26,810 | 51,600 | |
| $1.3 billion | $1.7 billion | $26,277 | $26,001 | 51,328 | |
| $1.3 billion | $1.7 billion | $24,805 | $24,932 | 51,336 | |
| $1.2 billion | $1.7 billion | $24,457 | $23,769 | 51,017 | |
| $1.2 billion | $1.6 billion | $23,755 | $23,291 | 50,871 |
The table scrolls sideways; the first column stays in place.
What do these figures leave out, and how are they cited?Limits, dates and how to cite
What this number cannot tell you
- County GDP counts what is produced in a county, wherever the people who work there live, so a county with a large employer or a port can have a large GDP and a small population. Personal income is what the residents receive, wherever they work.
- A rank is among the counties and county equivalents for which BEA published a value in the same year, highest value first; equal values share a rank. GDP and personal income count dollars, so a large county ranks high on them; GDP per person and income per person do not depend on the size of the county.
- Real GDP is in chained 2017 dollars, BEA's measure with price changes taken out. The changes over a year and over five years are ours, worked out from BEA's real GDP, and GDP per person is ours, GDP divided by population in the same year.
- BEA combines some places and publishes none for others: it combines some Virginia cities with the county around them, for example. A place BEA does not publish under its own code has no page here; a county BEA has no value for in the newest year keeps its page, with its newest year and no rank. A value BEA withholds is left out of the charts and tables and is never shown as zero.
- County figures are estimates from sources that are less complete than those for a state, and BEA revises them. The state's figure beside a county's income per person is BEA's own.
- This product uses the Bureau of Economic Analysis (BEA) Data API but is not endorsed or certified by BEA.
Observed . Checked .
How to cite this
U.S. Bureau of Economic Analysis, Regional Economic Accounts, GDP and personal income of Somerset County, ME, 2024. Compiled by 500metrics, "What is the GDP of Somerset County, ME?", https://500metrics.com/counties/maine/somerset-county.
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