Aroostook County, Maine: commercial real estate data.
Aroostook County, Maine has a population of 67,058 across 6,671 square miles, down 0.5 percent since the 2020 census base. County output reached $3.67 bn in 2024, 1,903 establishments operate here, and the SBA record carries 92 7(a) approvals worth $24.7 m.
122 sourced county values · tier FULL · 11 sections
Aroostook County
How many people live in Aroostook County
- Population67,058
- Households29,932
- Average household size2.24
- Median household income$56,700
- Median age48.3
- Median gross rent$784 per month
- Median owner-occupied home value$149,700
- Home value to household income2.6 times
- Annual rent as a share of median income16.6 percent
- Adults 25 and over with a bachelor degree or higher23.4 percent
- Adults 25 and over with a graduate degree7.4 percent
- Adults 25 and over50,111
- Population under 1812,509
- Share under 1818.7 percent
- Population 65 and over17,212
- Share 65 and over25.7 percent
- Working age population, 18 to 6437,337
- Civilian labor force30,653
- Unemployment rate5.3 percent
- Labor force participation, adults 18 and over56.2 percent
- Rank by population among Maine counties6th of 16
- Rank by population among US county-equivalents818th
Aroostook County is the 6th largest of 16 Maine counties by population. A median home costs 2.6 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 25.7 percent against 18.7 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Aroostook County
Is Aroostook County growing
- Population change since the 2020 census base-0.47 percent
- Census 2020 base population67,088
- Births, 2024549
- Deaths, 20241,056
- Natural change, 2024-507
- Net domestic migration, 202459
- Net international migration, 202476
- Total net migration, 2024135
- Cumulative net domestic migration, 2021 to 20241,551
- Rank by growth among US county-equivalents2009th
The county has lost 0.47 percent of its population since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Aroostook County
Where people moving to Aroostook County come from
- Tax returns filed by households arriving1,177
- People arriving, from those returns2,070
- Adjusted gross income arriving$73.2 m
- Net adjusted gross income movement$0
- Average income of an arriving household$62,185
- Largest single originAroostook County Non-migrants (25,887 households)
- Largest single destination (25,887 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Aroostook County Non-migrants | 25,887 | 50,510 | $1.54 bn |
| Other flows - Different State | 717 | 1,313 | $42.7 m |
| Other flows - South | 257 | 502 | $15.5 m |
| Other flows - Northeast | 251 | 416 | $15.5 m |
| Other flows - West | 153 | 302 | $8.8 m |
| Penobscot County | 150 | 250 | $6.7 m |
| Other flows - Same State | 78 | 150 | $4.7 m |
| Cumberland County | 61 | 96 | $2.7 m |
The largest single source of arrivals is Aroostook County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Aroostook County
What the Aroostook County economy runs on
- County GDP, 2024$3.67 bn
- County GDP, 2023$3.43 bn
- GDP change, 2023 to 20246.8 percent
- GDP change over five years32.2 percent
- Rank by GDP among Maine counties7th
- Rank by GDP among US county-equivalents867th
- GDP per resident$54,728
Output grew 6.8 percent in the latest year and 32.2 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Aroostook County
Who employs people in Aroostook County
- Covered employment, annual average25,999
- Establishments reporting2,396
- Average annual pay$51,148
- Average weekly wage$984
- Sector 62, employment4,698
- Sector 62, average annual pay$54,727
- Sector 44-45, employment3,751
- Sector 44-45, average annual pay$35,285
- Sector 31-33, employment2,745
- Sector 31-33, average annual pay$64,802
- Sector 72, employment1,660
- Sector 72, average annual pay$22,893
- Sector 11, employment1,327
- Sector 23, employment908
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 4,698 | 233 | $54,727 |
| Sector 44-45 | 3,751 | 312 | $35,285 |
| Sector 31-33 | 2,745 | 71 | $64,802 |
| Sector 72 | 1,660 | 146 | $22,893 |
| Sector 11 | 1,327 | 224 | $45,982 |
| Sector 23 | 908 | 195 | $56,877 |
| Sector 48-49 | 862 | 136 | $55,212 |
| Sector 52 | 803 | 85 | $65,762 |
The largest sector is the biggest private employer group at 4,698 jobs, 18.1 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Aroostook County
What businesses operate in Aroostook County
- Establishments, all industries1,903
- Employment at those establishments19,837
- Annual payroll$949.1 m
- Establishments per 1,000 residents28.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Aroostook County
What is being built in Aroostook County
- Housing units authorised by permit, 202482
- Declared construction value permitted$16.5 m
- Single family units authorised60
- Multifamily units authorised22
- Multifamily share of units26.8 percent
- Average declared value per unit$201,072
- Units authorised per 1,000 households2.7
Multifamily is 26.8 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Aroostook County
How much SBA lending happens in Aroostook County
- 7(a) approvals recorded92
- 7(a) gross approval dollars$24.7 m
- Average 7(a) approval$268,242
- Median 7(a) approval$99,700
- 10th percentile approval$15,000
- 90th percentile approval$500,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)592
- Jobs per approval6.4
- Distinct 7(a) lenders active17
- Distinct industries receiving approvals50
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer10.9 percent
- Loans on real estate terms10
- Loans on working capital terms, 120 months or shorter78
- Franchise loans3
- Franchise share of approvals3.3 percent
- Leading industry by approval countLogging (21)
- Most active lenderKatahdin Trust Company (30)
- 504 approvals recorded11
- 504 gross approval dollars$5.3 m
- Average 504 approval$484,273
- Median 504 approval$323,000
- Distinct CDCs active2
- 504 jobs per approval13.3
- 504 jobs per million dollars approved27.4
- Most active CDCGranite State Economic Development Corporation (8)
- 7(a) share of SBA approvals89.3 percent
- Combined SBA approval dollars$30.0 m
The average approval of $268,242 sits well above the median of $99,700, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 10.9 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Aroostook County
Do SBA loans in Aroostook County get paid back
- Loans with a final outcome recorded29
- Paid in full29
- Charged off0
- Charge off rate on resolved loans0.0 percent
- Status: Paid in full29
- Status: Exempt from disclosure52
- Status: Cancelled9
- Status: Committed, not yet disbursed2
| NAICS | Industry | Resolved loans | Charged off | Charge off rate |
|---|---|---|---|---|
| 113310 | Logging | 11 | 0 | 0.0% |
Of the 29 loans that have reached a final outcome, 0.0 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong. Among industries with at least ten resolved loans, Logging carries the highest charge off rate at 0.0 percent.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Aroostook County
Which parts of Aroostook County get the lending
- Places in the county with recorded lending30
- FORT KENT, approvals18
- Presque Isle, approvals14
- Caribou, approvals12
- HOULTON, approvals6
- WALLAGRASS, approvals5
- ASHLAND, approvals4
| Place | Approvals | Gross approval dollars |
|---|---|---|
| FORT KENT | 18 | $2,510,100 |
| Presque Isle | 14 | $9,288,800 |
| Caribou | 12 | $4,037,200 |
| HOULTON | 6 | $1,133,800 |
| WALLAGRASS | 5 | $636,500 |
| ASHLAND | 4 | $1,961,200 |
| Fort Fairfield | 3 | $53,500 |
| NEW LIMERICK | 3 | $321,700 |
FORT KENT accounts for 18 approvals against 14 in Presque Isle. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Aroostook County
How big is Aroostook County
- Land area6,671 sq mi
- Rank by land area among Maine counties1st of 16
- Width, east to west107 mi
- Height, north to south130.3 mi
- Geographies sharing a boundary4
- Residents per square mile of land10
- Establishments per square mile0.29
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Aroostook County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Aroostook County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population67,058
- Households29,932
- Average household size2.24
- Median household income$56,700
- Median age48.3
Common questions
Aroostook County questions, answered from the record.
How many people live in Aroostook County, Maine?
67,058, in 29,932 households, ranking 6th of 16 Maine counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Aroostook County growing?
The population has fallen 0.47 percent since the 2020 census base. In 2024 there were 549 births against 1,056 deaths, with net migration of 135. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Aroostook County?
$56,700. The median owner-occupied home is valued at $149,700, which is 2.6 times income, and median gross rent is $784 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Aroostook County?
1,903 establishments, employing 19,837 people with an annual payroll of $949.1 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Aroostook County?
Average annual pay is $51,148, or $984 a week, across 25,999 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Aroostook County?
92 7(a) approvals totalling $24.7 m since FY2020, across 17 lenders, with a median approval of $99,700, plus 11 504 approvals worth $5.3 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Aroostook County get paid back?
Of the 29 loans that have reached a final outcome, 29 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Aroostook County?
82 housing units were authorised by permit in 2024, with a declared construction value of $16.5 m. Multifamily was 26.8 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Aroostook County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Aroostook County come from?
The largest single origin is Aroostook County Non-migrants, with 25,887 households. Arriving households report an average income of $62,185 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Aroostook County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Aroostook County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.