Pros and Cons of Living In Portland, Maine. Is Portland, ME a Nice Place To Live or Retire?

Portland, Maine

Moving to Portland In Maine ? Is Portland, ME a Nice Place To Live? Pros and Cons of Living in Portland, Maine. Find out the best and worst about to live, raise a family or retire in Portland.

Portland ( PORT-lənd) is the most populous city in the U.S. state of Maine and the seat of Cumberland County. Portland's population was 68,408 in April 2020. The Greater Portland metropolitan area has a population of approximately 550,000 people. Historically tied to commercial shipping, the marine economy, and light industry, Portland's economy in the 21st century relies mostly on the service sector. The Port of Portland is the second-largest tonnage seaport in the New England area as of 2019.

The city seal depicts a phoenix rising from ashes, a reference to Portland's recovery from four devastating fires. Portland was named after the English Isle of Portland. In...

DEMOGRAPHICS

Population
66706
Unemployment
3.3%
30% NAT AVG.
Poverty
13.9%
1% NAT AVG.
Cost Of Living
111
11% NAT AVG.

ECONOMICS

Median Home Cost
$302700
32% NAT AVG.
Median Income
$61695
9% NAT AVG.
Median Rent
$1204
4% NAT AVG.
Overall Score
7.5

CRIME REPORT

Total Crime
1272
18% NAT. AVG.
52% STATE AVG.
Violent Crime
129
50% NAT. AVG.
79% STATE AVG.
Property Crime
1143
12% NAT. AVG.
49% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 7
Unemployed People
1 in 30
People Earning < $10,000
1 in 12
People Earning < $50,000
41.5%
People With Any Degree
1 in 1.6

ETHNICITY

Ethnicity Portland USA
White 81.8% 60.1%
African American 8.5% 12.2%
American Indian 0.2% 0.6%
Asian 3.8% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.7% 2.8%
Hispanic 2.7% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Portland USA
Less than $10,000 8.1% 5.8%
$10,000 to $14,999 3.8% 4.1%
$15,000 to $24,999 8.4% 8.5%
$25,000 to $34,999 9% 8.6%
$35,000 to $49,999 12.2% 12.0%
$50,000 to $74,999 16.9% 17.2%
$75,000 to $99,999 12.7% 12.8%
$100,000 to $149,999 16.1% 15.6%
$150,000 to $199,999 6.2% 7.1%

EDUCATION

Education Portland USA
< 9th Grade 3% 5.0%
9-12th Grade 3% 7.0%
High School or GED 15% 27.0%
Other College 18% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 33% 20.0%
Master's Degree 15% 9.0%
Professional Degree 4% 2.0%
Doctorate Degree 2% 1.0%
Portland is a city in Maine state in USA with a population of 66706 residents.. The poverty rate of Portland is 13.9%, which is 1% lower than national average. The typical household in Portland earns $61695 a year, compared to the national median of $67,500. Nearly 41.5% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Portland remained 3.3%, which is 30% lower than national rate.

Cost of living in Portland is 111, which is 11% higher than national average. In Portland, only 54% of adults have a bachelor's degree and 25% have some college but no degree. Median home value in Portland is $302700 , which is 32% higher than national average. While median income in Portland remained $61695, which is 9% lower than national average.
Portland Scorecard

Jobs80%

Housing85%

Affordability40%

Safety60%

Amenities95%

Diversity80%

Education85%

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