Everything You Need to Know About the City of Bangor Maine

In 2017, Bangor, ME had a population of 32.2k people with a median age of 37 and a median household income of $40,071. Between 2016 and 2017 the population of Bangor, ME declined from 32,491 to 32,237, a -0.782% decrease, and its median household income grew from $37,987 to $40,071, a 5.49% increase.

The number of inhabitants in Bangor, Maine is 90.4% White Alone, 2.43% Two or More Races, and 2.39% Asian Alone. N/A% of the people in Bangor, ME communicate in a non-English language, and 97.9% are U.S. residents.

The largest universities in Bangor, ME are Husson University (882 degrees awarded in 2017), Eastern Maine Community College (399 degrees), and Beal College (108 degrees).

The median property value in Bangor, ME is $150,100, and the homeownership rate is 47.4%. Most people in Bangor, ME commute by Drove Alone, and the average commute time is 15.3 minutes. The average car ownership in Bangor, ME is 2 cars per household.

 

Education in Bangor

In 2017, universities in Bangor, ME awarded 1,389 degrees. The student population of Bangor, ME is skewed towards women, with 2,888 male students and 3,575 female students.

Most students graduating from Universities in Bangor, ME are White (1,208 and 89.2%), followed by Black or African American (38 and 2.8%), Asian (27 and 1.99%), and Unknown (25 and 1.85%).

The largest universities in Bangor, ME by the number of degrees awarded are Husson University (882 and 63.5%), Eastern Maine Community College (399 and 28.7%), and Beal College (108 and 7.78%).

The most popular majors in Bangor, ME are General Business Administration & Management (223 and 16.1%), Criminal Justice – Law Enforcement Administration (99 and 7.13%), and Registered Nursing (79 and 5.69%).

The median tuition costs in Bangor, ME are $16,530 for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Bangor

The economy of Bangor, ME employs 15.5k people and Bangor has an unemployment rate of 3.3%. Bangor has seen the job market decline by – 0.5% in the course of the most recent year. Future job development throughout the following ten years is anticipated to be 26.0%, which is lower than the US average of 33.5%. The biggest enterprises in Bangor, ME are Health Care and Social Assistance (3,284 people), Retail Trade (2,399 people), and Educational Services (2,254 people), and the highest paying industries are Professional, Scientific, & Technical Services ($54,837), Utilities ($52,326), and Real Estate & Rental & Leasing ($41,250).

Households in Bangor, ME have a median annual income of $40,071, which is less than the median annual income of $61,937 across the entire United States. This is in contrast with a median income of $37,987 in 2016, which speaks to a 5.49% yearly development.

 

Tax Rates for Bangor

– The Sales Tax Rate for Bangor is 5.5%. 

– The Income Tax Rate for Bangor is 7.2%. 

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Bangor

– The average income of a Bangor resident is $23,977 a year. 

– The Median household income of a Bangor resident is $36,272 a year.