Portland, Maine

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
68,280
Population
$71,498
Median Income
$411,600
Home Value
37.6
Median Age

Demographics

Portland has a population of 68,280 with a median age of 37.6. Here is the racial and ethnic breakdown of the population:

White
82.5%
Black
8.6%
Asian
3.4%
Other
3.2%
Hispanic
2.3%
Demographic Value
Total Population68,280
Median Age37.6
White82.5%
Black or African American8.6%
Asian3.4%
Hispanic or Latino2.3%
Other / Two or More Races3.2%

Income & Economy

The median household income in Portland is $71,498, which is 4.9% below the national median of $75,149. The per capita income is $48,806. The poverty rate is 11.8%.

$71,498
Median Household Income
$48,806
Per Capita Income
11.8%
Poverty Rate

Employment

The unemployment rate in Portland is 4.0%, compared to the national rate of 5.4%.

Education

In Portland, 95.2% of residents age 25+ have a high school diploma or higher, and 57.7% hold a bachelor's degree or higher (23.6% with a graduate or professional degree).

HS Diploma+
95.2%
Bachelor's+
57.7%
Graduate+
23.6%
Education Level % of Adults (25+)
High School Diploma or Higher95.2%
Bachelor's Degree or Higher57.7%
Graduate or Professional Degree23.6%

Housing

The median home value in Portland is $411,600, above the national median of $281,900. The median monthly rent is $1,377. The homeownership rate is 45.6%.

$411,600
Median Home Value
$1,377/mo
Median Rent
45.6%
Homeownership Rate
Housing Metric Value
Median Home Value$411,600
Median Monthly Rent$1,377
Homeownership Rate45.6%
Vacancy Rate9.4%

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Frequently Asked Questions

What is the population of Portland, Maine?
The population of Portland, Maine is 68,280 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Portland, Maine?
The median household income in Portland, Maine is $71,498. This is 4.9% below the national median of $75,149.
What is the median home value in Portland, Maine?
The median home value in Portland, Maine is $411,600. The median monthly rent is $1,377.
What percentage of people in Portland have a college degree?
In Portland, Maine, 57.7% of adults age 25 and older hold a bachelor's degree or higher, and 95.2% have a high school diploma or higher.
Is Portland, Maine an affordable place to live?
The home price-to-income ratio in Portland, Maine is 5.8x (median home value $411,600 vs. median income $71,498), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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