Portland, ME 04103 is a great place to live. The 2 bedroom rent in the area is $1,880 which is more expensive than the US average of $1,430. However, this is balanced out by a lower grocery cost index of 111 compared to 100 for the rest of the country. Portland offers ample opportunities for fun and entertainment with many local companies and activities available. The Portland Museum of Art offers a variety of exhibitions and events throughout the year while Old Port’s waterfront bars and restaurants provide a lively atmosphere. Foodies will love exploring the city’s culinary scene with its array of farm to table restaurants and gourmet cafes located in close proximity. There are also plenty of outdoor activities such as kayaking or skiing at nearby Peaks Island or Camden Hills State Park just a few miles away from Portland.
Portland (zip 04103) has an unemployment rate of 5.2%. The US average is 6.0%.
Portland (zip 04103) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Portland (zip 04103)
- The Sales Tax Rate for Portland (zip 04103) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Portland (zip 04103) is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Portland (zip 04103)
- The average income of a Portland (zip 04103) resident is $31,478 a year. The US average is $28,555 a year.
- The Median household income of a Portland (zip 04103) resident is $76,540 a year. The US average is $69,021 a year.