Economy in Auburn
Detailed economy data — sourced from authoritative datasets and normalized for direct comparison.
Economy in Auburn, Maine
Auburn's economy is robust and growing, with the city ranking among the top 10 Best-Performing Small Cities in 2026 by the Milken Institute. This recognition highlights the area's capacity for sustained labor market growth and an environment that fosters innovation. The Auburn-Opelika metropolitan area has seen an average of 198 new jobs per month over the past five years, with a job growth rate of 4.0% from July 2023 to July 2024. Key industries driving Auburn's economy include Services, Manufacturing, Leisure and Hospitality, Education, and Professional and Business Services. Auburn University plays a central role, contributing significantly to the state's economy and creating over 30,000 jobs beyond its direct employment. The city also boasts a thriving and innovative business community, with high-paying sectors like professional and business services, financial activities, and the information sector experiencing notable employment growth in 2024.
Economy & Jobs
Top Industries
About Auburn, Maine
Auburn, Alabama, often referred to as "The Loveliest Village on the Plains," is a vibrant city in Lee County, known for its strong connection to Auburn University. Founded in 1836 and incorporated in 1839, the city's character is deeply intertwined with the university, which was established in 1856 as the East Alabama Male College. This relationship has fostered a dynamic environment that blends Southern charm with youthful energy and a strong sense of community. People are drawn to Auburn for its welcoming atmosphere, nationally ranked public school system, and abundant amenities, making it a desirable place for families, professionals, and students alike.
About Maine
Maine, known for its rugged coastline and vast forests, offers a lifestyle that prioritizes a slower pace and access to nature. The economy is diverse, with major industries including forest products, marine/aquaculture, food/agriculture, outdoor recreation, and manufacturing, alongside growing sectors like life sciences. While the cost of living is generally moderate compared to other New England states, housing costs can be higher in popular coastal areas like Portland. The climate features warm, sometimes humid summers and long, cold, and very snowy winters, especially inland, with coastal areas experiencing slightly milder temperatures.