Can you afford to live in Portland?
Median household income, home values and rent in Portland, ME — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.
U.S. Census Bureau, American Community Survey 5-year estimates.
This story was assembled using AI and public data sources.
What it costs to live in Portland.
Median household income: $76,174 — +64.6% since 2015 (not adjusted for inflation)
Median gross rent: $1,487/mo — +57.2% since 2015
Median home value, 2015 to 2023
- 2015: 239400
- 2023: 452600
Median household income
- Portland: 76174
- Cumberland County: 92983
- ME: 71773
- U.S.: 78538
Median gross rent
- Portland: 1487
- Cumberland County: 1492
- ME: 1084
- U.S.: 1348
Share of income a typical renter spends on rent: 29.2% — U.S.: 30.2%
What it means
Households here earn about what households nationally earn ($76,174 versus $78,538).
The typical renter here spends 29.2% of household income on rent, below the 30% cost-burden line.
Since 2015, income has kept pace with rent here (+64.6% versus +57.2%), before adjusting for inflation.
Sources
- U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — Population, income, housing, education, commuting and poverty figures
- Census Bureau API — ACS Detailed Tables — The endpoint these pages are generated from
- data.census.gov — Look up the same tables for any place yourself
- ACS accuracy statement — Estimates carry margins of error; small places vary the most
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