MyNeighborhood

Can you afford to live in South Portland?

Median household income, home values and rent in South 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 South Portland.

Median household income: $84,563 — +54.9% since 2015 (not adjusted for inflation)

Median gross rent: $1,648/mo — +57.7% since 2015

Median home value, 2015 to 2023

  • 2015: 223000
  • 2023: 405800

Median household income

  • South Portland: 84563
  • Cumberland County: 92983
  • ME: 71773
  • U.S.: 78538

Median gross rent

  • South Portland: 1648
  • Cumberland County: 1492
  • ME: 1084
  • U.S.: 1348

Share of income a typical renter spends on rent: 30.8% — U.S.: 30.2%

What it means

The typical household here earns $84,563 — slightly higher than the national figure of $78,538.

The typical renter here spends 30.8% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+57.7% versus +54.9%), before adjusting for inflation.

Sources

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