Keep in mind, however, this number dates to 2021, before inflation, a flood of new residents and a recent boost in the state’s minimum wage. According to the last census, the city’s median household income was $66,019. Unemployment in Portland is remarkably low, currently at a rate of 2.2% (compared to a national rate of 3.4%). But what’s it like to work there? The Job Market This year, US News & World Report put Portland in first place on the list of the 25 Best Places to Live on the East Coast, and in 8th on the list of best places to live in the USA. Portland counts over 68,000 inhabitants within its 21 square miles, but the post-COVID influx of new residents is changing that statistic rapidly. Now the most populated city in a large, rural state, it enjoys the snowy winters, warm summers, wild beaches, forest trails, proximity to mountains and world-renowned autumn foliage that make Maine a vacation hotspot. Centuries of colonization, industrialization and maritime history transformed their settlement into a port city aptly named Portland. Then, 390 years ago, two Englishmen decided to install themselves on its rocky shores. This rugged, forest-laden peninsula was known as Machigonne, or “great neck,” to the Algonquins who called it home for over 11 millenia. So for everyone wondering - should I move to Portland? - here’s a look at the ins and outs of this up-and-coming destination. But the city’s recent popularity has caused a serious housing crisis, and making ends meet is getting harder for many workers. Morning commutes behind bumpers are replaced by ocean views, while workdays end with live music shows, walks on the beach or cross-country skiing. The absence of traffic, abundance of nature and a phenomenal food scene are luring Bostonians and New Yorkers up north. Speckled with lobster shacks and brick townhouses, Portland, Maine is rising as New England’s coolest hub.
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