2025 Compare Cities Economy:
Concord, MA vs Wells, ME

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Highlights
- Household income in Wells, is 58% less than it is in Concord and is 3% above the National Average.
- Concord unemployment rate is 4.8%.
- Wells unemployment rate is 7.1%.
 Concord, MAWells, MEUnited States
 Unemployment Rate  Unlock7.1%6.0%
 Recent Job Growth  Unlock2.2%1.6%
 Future Job Growth41.0%  Unlock33.5%
 Sales Taxes6.3%  Unlock6.2%
 Income Taxes  Unlock6.8%4.6%
 Income per Cap.$81,270  Unlock$37,638
 Household Income  Unlock$71,090$69,021
 Family Median Income$213,214  Unlock$85,028
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 Est. Households By Income
 Concord, MAWells, MEUnited States
 Income Less Than 15K  Unlock9.2%9.4%
 Income between 15K and 20K1.4%  Unlock3.8%
 Income between 20K and 30K  Unlock6.3%8.1%
 Income between 30K and 40K2.5%  Unlock8.0%
 Income between 40K and 50K  Unlock6.2%7.6%
 Income between 50K and 60K5.4%  Unlock7.2%
 Income between 60K and 75K  Unlock12.2%9.6%
 Income between 75K and 100K4.7%  Unlock12.8%
 Income between 100K and 150K  Unlock18.8%16.3%
 Income between 150K and 200K15.3%  Unlock7.8%
 Income greater than 200K  Unlock8.6%9.5%
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 Population By Occupation
 Concord, MAWells, MEUnited States
 Management, business, finance36.3%  Unlock16.4%
 Engineering, computers, science  Unlock4.2%6.5%
 Community, social services4.6%  Unlock1.8%
 Legal  Unlock1.2%1.2%
 Education, library8.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.9%2.0%
 Healthcare practitioners and technology8.5%  Unlock6.2%
 Healthcare support  Unlock3.0%3.3%
 Firefighters, law enforcement1.0%  Unlock2.1%
 Food preparation, serving  Unlock5.7%5.4%
 Building maintenance2.1%  Unlock3.6%
 Personal care  Unlock2.5%2.6%
 Sales, office, administrative support14.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair2.1%  Unlock8.1%
 Production, transportation, material moving  Unlock9.0%13.1%
Reviews for Concord    1 Reviews

I've lived here for many years. If you want to live in the Northeast in reasonable proximity to an urban center, Concord is as nice as it gets. The town is beautiful.   More

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Reviews for Wells    2 Reviews

Over 16 years ago

Although it is getting crowded, Wells is beautiful in summer. long sandy beaches and of course the ocean. The water is cold, so lounging more than swimming is  More

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Over 16 years ago

2007-2009 has been full of snow storms November to  More

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