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Apartments For Rent in Portland, ME

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Apartments for Rent in Portland, ME

Portland, a small city in Maine, has a population of slightly less than 67,000. Young professionals account for a larger portion of the population here (21%) than nationally (15%), making it a great place to set out on your own. At an average age of just under 39, the city's residents skew younger than most cities in Maine. The majority of residents rent in Portland, and 44% of residents are homeowners despite an average rent of $1,044 per month, substantially higher than the state average of $852.

If you're looking for career options, Portland has plenty. The five most common industries are healthcare, entertainment, retail, education, and scientific. Combined, these industries account for 37% of the city's labor force. Meanwhile, looking at job function, many workers in these industries are in sales, making it the top profession in the city. With an average annual income of about $67,000, Portland workers earn a little more than the average Maine resident. Portland, however, compares less favorably to the national average ($73,345). Portland has a high percentage of residents older than 25 who have advanced degrees compared to the national average (7%), as 11% have earned a Master's or a Doctoral degree. Further, 21% have a Bachelor's degree, which also outpaces the national average.

Portland has an average commute time of about 21 minutes, faster than the state average of about 23 minutes. Many residents (42%) drive to work, while public transportation isn't used widely. Walking (7%) isn't a common means of commuting to work, though the number is significantly higher than the national average.