Portland-South Portland, ME Metropolitan Statistical Area ME Demographic Data and Boundary Map

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Portland-South Portland, ME Metropolitan Statistical Area Boundary Map


Portland-South Portland, ME Metropolitan Statistical Area Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 563,838 (100%)
Population in Households 550,938 (97.7%)
Population in Families 413,677 (73.4%)
Population in Group Quarters1 12,900 ( 2.3%)
Population Density 271
Diversity Index2 25
 
 

INCOME

Median Household Income $80,883
Average Household Income $113,629
% of Income for Mortgage4 28%
Per Capita Income $48,615
Wealth Index5 117
Socioeconomic Status Index6 Moderate (56.9)
 

HOUSING

Total HU (Housing Units) 289,752 (100%)
Owner Occupied HU 173,456 (59.9%)
Renter Occupied HU 67,350 (23.2%)
Vacant Housing Units 48,946 (16.9%)
Median Home Value $379,922
Average Home Value $439,009
Housing Affordability Index3 82
 

HOUSEHOLDS

Total Households 240,806
Average Household Size 2.29
Family Households 145,374
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.67% 0.30%
Households 1.00% 0.62%
Families   0.54%
Median Household Income   2.61%
Per Capita Income   3.27%
Owner Occupied HU   0.75%

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