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Economy in Portland, Maine

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyPortland, MEUnited States
Unemployment Rate6.50%9.10%
Recent Job Growth0.65%-0.12%
Future Job Growth34.80%31.25%
Sales Taxes5.00%6.80%
Income Taxes8.50%6.25%
Income per Cap.$28,787$27,067
Household Income$45,549$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K14.98%12.10%
Income between 15K and 25K11.49%10.18%
Income between 25K and 35K11.75%10.56%
Income between 35K and 50K16.91%14.98%
Income between 50K and 75K19.79%19.53%
Income between 75K and 100K11.39%12.52%
Income between 100K and 150K9.15%12.14%
Income between 150K and 250K2.16%3.91%
Income between 250K and 500K1.92%3.34%
Income greater than 500K0.45%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.73%13.81%
Professional and Related Occupations28.40%22.68%
Service17.63%14.51%
Sales and Office25.88%25.22%
Farming, Fishing, and Forestry0.32%0.68%
Construction, Extraction, and Maintenance5.31%9.37%
Production, Transportation, and Material Moving9.94%15.86%
Median Household Income

The unemployment rate in Portland, ME, is 6.50%, with job growth of 0.65%. Future job growth over the next ten years is predicted to be 34.80%.

Portland, ME Taxes

Portland, ME,sales tax rate is 5.00%. Income tax is 8.50%.

Portland, ME Income and Salaries

The income per capita is $28,787, which includes all adults and children. The median household income is $45,549.


Portland Economy SperlingViews

things to love and hate: Like many, we came from the Boston area thinking it would be cheaper. It is not. The population is unhealthy and the business climate unfavorable which has driven... (read more)Question for Portland Residents: I was surprised to see that Portland, ME was just ranked one of the two best cities in the nation for eligible single women in the March 2012 Men's Health magazine. Is... (read more)Downtown Has Gone Down: During the past five years, the downtown area has become spoiled by the influx of immigrants who basically use the overly generous welfare system and confuse the rest of... (read more)Have an opinion about Portland? Leave a commentTo See All SperlingViews for Portland Click Here