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Portland, Maine

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
68,854
Population
$79,540
Median Income
$489,600
Home Value
37.8
Median Age

Demographics

Portland has a population of 68,854 with a median age of 37.8. Here is the racial and ethnic breakdown of the population:

White
78.0%
Black
9.3%
Other
5.7%
Asian
3.9%
Hispanic
3.1%
Demographic Value
Total Population68,854
Median Age37.8
White78.0%
Black or African American9.3%
Asian3.9%
Hispanic or Latino3.1%
Other / Two or More Races5.7%
Portland, Maine — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 78.0%Black: 9.3%Other: 5.7%Asian: 3.9%Hispanic/Latino: 3.1%68,854PopulationWhiteWhite78.0%BlackBlack9.3%OtherOther5.7%AsianAsian3.9%Hispanic/LatinoHispanic/Latino3.1%

Income & Economy

The median household income in Portland is $79,540, which is 1.3% below the national median of $80,610. The per capita income is $52,781. The poverty rate is 11.2%.

$79,540
Median Household Income
$52,781
Per Capita Income
11.2%
Poverty Rate

Employment

The unemployment rate in Portland is 2.6%, compared to the national rate of 4.1%.

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Education

In Portland, 96.5% of residents age 25+ have a high school diploma or higher, and 59.7% hold a bachelor's degree or higher (24.0% with a graduate or professional degree).

HS Diploma+
96.5%
Bachelor's+
59.7%
Graduate+
24.0%
Education Level % of Adults (25+)
High School Diploma or Higher96.5%
Bachelor's Degree or Higher59.7%
Graduate or Professional Degree24.0%

Housing

The median home value in Portland is $489,600, above the national median of $303,400. The median monthly rent is $1,577. The homeownership rate is 46.9%.

$489,600
Median Home Value
$1,577/mo
Median Rent
46.9%
Homeownership Rate
Housing Metric Value
Median Home Value$489,600
Median Monthly Rent$1,577
Homeownership Rate46.9%
Vacancy Rate9.8%

Salaries in Maine

Explore salary data for popular occupations in Maine:

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Other Cities in Maine

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Frequently Asked Questions

What is the population of Portland, Maine?
The population of Portland, Maine is 68,854 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Portland, Maine?
The median household income in Portland, Maine is $79,540. This is 1.3% below the national median of $80,610.
What is the median home value in Portland, Maine?
The median home value in Portland, Maine is $489,600. The median monthly rent is $1,577.
What percentage of people in Portland have a college degree?
In Portland, Maine, 59.7% of adults age 25 and older hold a bachelor's degree or higher, and 96.5% 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 6.2x (median home value $489,600 vs. median income $79,540), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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