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Portland, Maine Mortgage and Housing Information

Population: 64,249
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000		$105,200

Value of Houses and Condos

A comparison of the average prices of homes in Portland, Maine and the U.S.
U.S.MainePortland
Median home value
in year 2000		$111,800$94,300$125,200

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.MainePortland
With a mortgage$1,088$923$1,088
Without a mortgage$295$299$395

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Portland (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage2,71528.3%
First Mortgage Only5,29755.3%
Second Mortgage and/or Home Equity Loan1,56716.4%
Total9,579100%

Tenancy in Portland

How many people in Portland live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes12,617
Renter-occupied homes17,097
Homes for sale65
Homes for rent642
Total31,862

Age of Portland Residents

Median age for males and females (2000).
Males 34
Females 37

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.MainePortland
Median Earnings$23,755$21,285$22,292
Median Earnings, Males$29,458$26,546$25,238
Median Earnings, Females$18,957$16,644$20,725

Males earn $4,513 (21.8%) more than Females in Portland.

Commuting in Portland

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo24,477
Carpooled3,748
Public Transit1,533
Bicycle367
Walking3,097
Other Means173
Total, Commuted33,395
Worked from home1,231
Total34,626

Time Spent Commuting in Portland

Time spent commuting in Portland
Time spent in minutesNumber of People
Less than 51,316
5-95,379
10-148,983
15-197,318
20-243,973
25-291,092
30-342,044
35-39338
40-44455
45-591,042
60-89809
Over 90646

Education

Level of higher education for people over 25 years in Portland (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College4,13919.5%4,60421.6%
Associate Degree1,3476.3%1,6837.9%
Bachelor's Degree4,96523.3%5,65226.6%
Master's Degree1,6907.9%2,32710.9%
Professional Degree9124.3%4982.3%
Doctorate Degree3131.5%1340.6%
Total (at least some college)13,36662.8%14,89862.0%
Total over 2521,279100%24,018100%

Comments on Portland

July 23rd, 2008

Portland is a charming coastal town with lots of lobsters, chowder, and a brewery. Downside, it’s often cold

– Unregistered User

Latest comment on Portland

July 23rd, 2008

Portland is a charming coastal town with lots of lobsters, chowder, and a brewery. Downside, it’s often cold

– Unregistered User

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