Portland, ME Community Information

Portland, ME Homes for Sale

Portland, ME Community Information

Population

63,211

Median Age

36.0

Median Household Income

$50,598

Households with Children

43.29%

Median Travel Time to Work

18 minutes

Portland, ME Real Estate Market Information

Homes Owned

42.47%

Homes Rented

54.15%

Homes Vacant

3.38%

Portland, ME Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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Portland, ME School Information

Elementary Schools

Primary Schools

Middle Schools

Secondary Schools

High Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 63,211
  • Total Male Population 30,655
  • Total Female Population 32,556
  • Population change since 2000 20.97%
  • Median age 36.0
  • Percent of households with children 43.29%
  • Personal Crime risk 219

Transportation

  • Median travel time to work 18 minutes
  • Percent using Public transportation 3.66%
  • Percent Driving/Using Carpool 81.04
  • Percent Using Other transportation 10.71%
  • Percent Working From Home 4.59%

Education Levels

  • Some high school 8.97%
  • High school graduate 25.85%
  • Some college 18.22%
  • Associate degree 7.63%
  • Bachelor's degree 25.32%
  • Graduate degree 14.01%

Occupation

  • Agriculture, forestry, and fishing 0.38%
  • Construction 4.22%
  • Manufacturing 6.27%
  • Wholesale Trade 3.18%
  • Retail Trade 11.41%
  • Finance, insurance and real estate 10.43%
  • Services 5.10%
  • Public administration 3.06%
  • Information 4.52%
  • Professional 12.06%
  • Education 23.90%
  • Arts 11.50%

Income

  • Average household income $65,597
  • Income change since 2000 26.76%

Climate

  • Avg. January high/low temp 31.71 / 13.12
  • Avg. July high/low temp 78.34 / 58.13
  • Annual precipitation 46.39
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