Portland is a small city in ME with a population of 66,872 residents. With a median home price of $574,426 (64% above the national median) and median household income of $69,734, Portland is considered very expensive with a price-to-income ratio of 8.2x.
The real estate market in Portland features a median home price of $574,426, which is 64% higher than the U.S. national median of $350,000. Monthly rent averages $2,393, 60% above the national average. Over the past decade, rent has increased by 72%.
Portland has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Portland offers a median household income of $69,734, which is 0% lower than the national median of $70,000. Residents spend approximately 41% of their income on rent annually, which may pose affordability challenges for some households.
Understanding the climate of Portland is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Portland compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Portland is $574,426, with average monthly rent of $2,393. The median household income is $69,734, giving the city a price-to-income ratio of 8.2x.
Portland is considered expensive with a price-to-income ratio of 8.2x, above the national average of 5x.
Portland has a population of 66,872 residents, making it the #808 largest city in the United States.
Portland has a violent crime rate of 113 per 100,000 residents, which is below the national average. The property crime rate is 1134 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
Compare cost of living with your current city to make an informed decision.
Moving to a new city can be overwhelming. Our relocation experts are here to help you find the perfect neighborhood, schools, and local services.
