Old News Archive

Census Bureau Reports Maine Income Growth

August 30, 2006 - TRC


AUGUSTA – Governor John Baldacci today said his economic plan is working for Maine people after reviewing the U.S. Census Bureau data for 2004-2005 released yesterday. The report issued by the U.S. Census showed that Maine’s median household income grew 5.5% from 2003-2004 to 2004-2005, even after adjustment for inflation.

“This is positive news for hard-working Maine people and families,” said the Governor. “The U.S. Census numbers show that many people in Maine are finding opportunities to work and increase their earnings. We need to extend those opportunities to all Maine residents. This is why it’s important to continue my economic plan, including investing in higher education; expanding research and development; expanding the reach of investments and incentives; enhancing renewable and alternative energy sources; and continuing tax relief efforts.”

In addition, despite national increases in the uninsured, Maine’s rate of uninsured has held steady at 10.4% from 2003-2005 and remains tied for the second lowest rate of uninsured in the country. The rate of uninsured in 38 other states and the District of Columbia also remained unchanged. The national average rate of uninsured is 15.7%.

Maine’s rate of uninsured has held steady despite national trends and losing 10,000 Medicaid eligibles due to federal rules limiting Medicaid coverage for childless adults. The situation would have been worse without Dirigo Health, which has covered 18,000 people since it began in 2005.

Accompanying the news of income growth and the rate of uninsured was information on poverty. In all, 38 million Americans live in poverty, or 13.3% of the population. In Maine, 12.6% of the population live in poverty. Maine’s poverty rate was 25th among the 50 states.

“There is more work left to do,” said the Governor. “Access to stable, well-paying jobs remains my priority for all Maine residents. My Administration is building the foundation for realizing those opportunities. Continuing our investments in higher education, workforce development, and healthcare is essential to meeting this goal.”

Results from the 2005 American Community Survey and Community Population Survey are available at:

http://www.census.gov/Press-Release/www/releases/archives/news_conferences/007338.html

Median household income data are available at:

http://www.census.gov/hhes/www/income/income05/statemhi2.html




( Read Online: http://www.maine.gov/tools/whatsnew/index.php?id=23269&topic=Portal+News&v=article-2006 _


NOTE - This article reflects the views of the author and not necessarily those of the TRC Alliance Team.