Bangor
ME

Comprehensive business data, market statistics, and demographic insights for Bangor, ME. Census-backed market intelligence updated annually.

POPULATION153,571
MEDIAN INCOME$63.2K
BUSINESSES3,931
TRENDING SECTOR 🔥Medical Laboratories
+1.5%5-Year Growth
MARKET INTELLIGENCE

Market Signal Report

Curated Intelligence. We analyzed 285 local industries to isolate distinct economic patterns—from rapid acceleration to uncrowded markets.

Methodical Selection

These are not random picks. We filtered the census database to identify the strongest statistical match for distinct economic strategies.

  • > High Momentum (Biz Count Growth)
  • > Supply Gaps (Low Competition)
  • > Market Anchors (High Volume)
View Full Methodology
🚀
The Rocket Ship

Medical Laboratories

While the average sector grew flat, Medical Laboratories surged 1.5% from 2018 vs 2023. This is the fastest-moving opportunity in the market.

Businesses15
Growth Rate+1.5%
💎
The Hidden Gem

Investment Advice

Growing demand (2018 vs 2023) with surprisingly low competition level. A classic supply-gap opportunity with strong margins.

Businesses7
Growth Rate+0.8%
💼
The Premium Sector

All Other Traveler Accommodation

Professional industry driven by high-value human capital. High barrier to entry due to specialized workforce requirements.

Businesses3
Avg Salary$220.0K
🏰
The Stronghold

Hydroelectric Power Generation

Dominated by a few key players. High consolidation often indicates mature market dynamics.

Businesses5
CompetitionHighly Competitive36.6x above US avg
The Steady Giant

Full-Service Restaurants

Zero volatility. Growth matches population exactly. A proven, volume-based sector for long-term consistency.

Businesses113
VolumeHighest

View All Niches

See full table (285 Rows)

💡

Bangor Market Intelligence

285 Industries Analyzed • 2018 vs 2023 Data

Bangor presents 285 market niches across diverse sectors. Competition is intense with 164 saturated sectors requiring differentiation strategies. Consider: Investment Advice, Medical Laboratories.

How to Read the Data
Competition Level
Business density per capita vs US average. ● Underserved = Less competition. ● Highly Competitive = More businesses per capita than average.
Growth Rate
5-year percentage change in number of businesses (2018 vs 2023). ● Growing = Positive growth. ● Stable = Modest change. ● Declining = Negative growth.
Businesses
Active employer establishments (businesses with at least one employee) in this niche within the metro. Source: US Census Bureau.
MOMENTUM
DENSITY
25 of 285 niches• Sorted: Businesses
Niche (NAICS) Competition Growth Rate Businesses Avg Team Avg Salary
Full-Service Restaurants#722511
0.90
+1.8%11322.0$25.2K
Residential Remodelers#236118
1.38
+62.5%912.9$45.8K
Limited-Service Restaurants#722513
0.67
-1.1%8917.6$22.0K
Religious Organizations#813110
0.93
-4.8%805.6$22.7K
Gasoline Stations with Convenience Stores#447110
1.82
-3.6%8012.1$25.1K
Child Care Services#624410
1.88
+17.2%758.0$28.7K
Plumbing, Heating, and Air-Conditioning Contractors#238220
1.34
+16.1%727.2$62.5K
Offices of Real Estate Agents and Brokers#531210
0.84
+81.6%691.5$52.2K
Landscaping Services#561730
1.15
-5.7%663.9$44.8K
Electrical Contractors and Other Wiring Installation Contractors#238210
1.54
+5.1%627.4$56.3K
General Automotive Repair#811111
1.46
-1.7%594.6$49.4K
Site Preparation Contractors#238910
2.96
+41.0%5510.9$101.8K
Offices of Dentists#621210
0.78
+1.9%539.9$62.8K
Offices of Physicians (except Mental Health Specialists)#621111
0.52
-15.9%5319.3$93.8K
Offices of Lawyers#541110
0.61
-12.3%509.2$78.2K
Snack and Nonalcoholic Beverage Bars#722515
1.17
+25.6%4911.7$21.6K
Insurance Agencies and Brokerages#524210
0.76
+2.1%4914.1$86.8K
Janitorial Services#561720
1.40
+23.7%4717.0$26.4K
Logging#113310
22.06
-29.7%459.6$59.1K
Residential Intellectual and Developmental Disability Facilities#623210
2.53
-20.4%4314.0$43.7K
New Single-Family Housing Construction (except For-Sale Builders)#236115
1.37
-9.3%394.9$60.3K
Lessors of Residential Buildings and Dwellings#531110
1.03
-15.6%382.6$36.6K
Specialized Freight (except Used Goods) Trucking, Local#484220
2.67
-36.2%375.4$57.8K
Hotels (except Casino Hotels) and Motels#721110
1.40
-7.7%3612.9$32.9K
Residential Property Managers#531311
1.16
+40.0%355.1$44.5K
Viewing 25 of 285 niches

Understanding Your Data

How to read the numbers and what to do next.

We pull directly from official U.S. Census Bureau records (specifically County Business Patterns & Nonemployer Statistics). We don't use estimates or opinions—we simply clean and organize the government's raw data so you can actually use it.

VERIFIED
MARKET
DATA

We built this platform to provide the foundational data you need to navigate your market's landscape and competitive dynamics.

Straight from the Source

We pull raw numbers directly from the U.S. Census Bureau. You're looking at the same data used by banks and city planners, simplified for clarity.

Data-First Methodology

We focus exclusively on the numbers. Our rankings are driven by objective metrics like growth and density, ensuring you see the market exactly as the data reports it.

Transparent Logic

No secret formulas. We show you the raw metrics—Growth, Density, and Volume—so you can verify the math yourself.