48 / 100

Aroostook County, ME

RANK #523 / 996  ·  POP 67,237  ·  ME

PROJECTED GROWTH: +0.6%

Aroostook County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Aroostook County?

Aroostook County, often called "The County" by locals, is Maine's northernmost and largest county, exceeding the combined size of Connecticut and Rhode Island. This expansive region, bordering Canada, is known for its vast woodlands, over 2,000 lakes, rivers, and streams, and the 92-mile Allagash Wilderness Waterway. While remote, with a drive from Portland taking around 4-5 hours, it offers a distinct, slower pace of life. Presque Isle is the largest city, and Houlton serves as the county seat. The area provides extensive outdoor recreation, including snowmobiling on over 2,000 miles of trails, ATVing, hunting, fishing, and cross-country skiing. Life in Aroostook County is characterized by a strong sense of community and a connection to the land, with many residents owning their homes. The region's culture reflects Franco-American, Acadian, Native American, and Scandinavian influences. Public schools in Aroostook County are a focus, with institutions like the Maine School of Science and Mathematics receiving national recognition. The economy, historically tied to potato cultivation, is diversifying. Recent developments include investments in agricultural technology, with a new potato research lab at the University of Maine's Aroostook Farm, and expansion in potato processing. The aerospace sector is also emerging, with an aerospace research park under development at the Presque Isle International Airport. Additionally, niche small businesses, including eateries and creative ventures, have seen growth.

[02] Market Snapshot

Housing Ratio
3.0x

Undervalued relative to economy

GDP Growth
+5.5%

Well above national median

Home Prices
-0.1%

Prices declining

Climate & Terrain
-0.1

Below-average climate & terrain

Price/Rent
15x

Above national median (13x)

Housing looks undervalued at 3.0x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Aroostook County U.S. National

The Numbers

DEMOGRAPHICS
Population
67,237
-0.05% YoY
Median Household Income
$50,843
Median Home Value
$125,400
-0.11% 12mo
Median Rent
$681
Average Annual Pay
$51,148
+3.8% YoY
Employment
25,999
+1.1% YoY
Income-to-Home-Value
0.4054
More affordable than average
Migration Inflow
0.84%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$122,000
Days on Market
76
Slower market
Months of Supply
9.5
Buyer's market
Sale-to-List Ratio
92.5%
Negotiation room for buyers
Sold Above List
15.2%
Listings w/ Price Drops
8.9%
Building Permits (2024)
82
Single-Family Permits
60

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$3,849M
TOTAL
PROJECT AMOUNT STATUS
King Pine Wind Farm
Longwood Energy
$2,000M Planned
Number Nine Wind Farm
EDP Renewables
$1,100M Operating
Loring LiquidCool Data Center Campus
Loring LiquidCool Data Center (LiquidCool Solutions / Green 4 Maine)
$500M Under Construction
Timberland Solar Project (Hersey)
Next Phase Energy Services
$100M Proposed
Presque Isle Bypass Phase 2
Maine Department of Transportation
$84M Planned
Taste of Maine Potato Chip Co. Plant
Taste of Maine Potato Chip Co.
$65M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +5.5% 87 percentile
Population Growth -0.1% 27 percentile
Income Growth +7.5% 26 percentile
Vacancy Rate 1.0% 53 percentile
Home Price Change -0.1% 29 percentile
Price/Rent 15x 31 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Aroostook County, ME a good place to move to?

Aroostook County has a Boom Town Index score of 48/100, ranking #523 among 996 U.S. counties. With job growth at +1.1% and a median household income of $50,843, it faces some economic headwinds compared to faster-growing counties.

Is Aroostook County affordable?

The median home value in Aroostook County is $125,400 with median rent at $681/month. The income-to-home-value ratio is 0.4054, which is more affordable than the national average.

Is Aroostook County growing or shrinking?

Population growth: -0.1% year-over-year. Job growth: +1.1%. Home values changed -0.1% in the past 12 months.

[08] Similar Metros

Worcester County, MA 58 Craven County, NC 58 Rutherford County, NC 58 Orangeburg County, SC 58 Jefferson County, TN 58 Gibson County, TN 58 Albemarle County, VA 58 Berks County, PA 58