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Portland Maine Real Estate By Jennifer Hershey

Portland Maine Real Estate

Portland, Maine, is located in Cumberland County, of , and 100 miles NE of Boston, Massachusetts. Portland has a population of 64,249.

Portland Homes

Portland properties pool is 29,715 residential properties including Portland new homes. Median age of real estate in Portland is 1942. Average Household size is 2.89 people. 4% are one bedroom homes, 29% are 2 bedroom homes, 42% are 3 bedroom homes, 19% are 4 bedroom homes, and 6% are 5+ bedroom homes.

Portland Mortgage Statistics

Portland mortgages vs. USA median statistics

Homes Portland USA
Homes With No Mortgage 28%
30%
Homes With Mortgage 72%
70%
First Mortgage Only 55%
54%
First & Second Mortgage or HELOC 16%
16%

Portland Area Real Estate Tax

Portland Real estate Tax: Median Real Estate Taxes (2000) were $2,349 comparing to 1999 Median Family income $ 48,763. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Portland School District: Children make up 18.8% of Portland population. Portland has 12,072 under 18 years old residents, or 0.35 kids per one worker, or 0.41 kids per one household.

Portland Real Estate & Portland Homeownership

There are 11886 or 40% one person households, 9805.95 or 33% two person households, and 3862.95 or 13% three person households in Portland, Maine. Median residents age is 35.7, Senior citizens (65+) make up 8,909 or 13.9%% of Portland population.

There are 34,626 workers (over 16 years of age) in Portland. Of these, 81.51% drive to work. Approximately 4.43% of workers in Portland take public transportation. An estimated 8.94% walk to work.

Median Portland homeowner's housing expences are 19.8%

Crime in Portland (2003), crimes per 10,000 residents per year

Type of Crime Portland USA, 2003
Violent Crimes
37.67
47.5
Robberies
15.72
14.2
Aggravated Assaults
13.85
29.5
Property Crimes
472.54
358.8
Burglaries
105.22
74.0
Larceny-Thefts
341.02
241.5
Motor Vehicle Thefts
26.3
43.3

Invest in Portland Properties

When making a decision about buying real estate in Portland Maine area, you should consider following statistical data:

Category Portland USA
Near Medium City
-
Near Large City
Boston, Massachusetts
-
Portland Zip Codes
04101, 04102, 04103, 04105, 04106, 04107, 04108, 04109, 04110
-
Portland Area Codes
207
-
White population
91.27%
75.1%
African-American population
2.59%
12.3%
Asian
3.08%
3.6%
American Indian & Alaskan
0.47%
0.9%
Hispanic (of any race)
1.52%
12.5%
Median Family Income (1999)
$ 48,763%
$42,000
Population Below Poverty Level
13.77%
12.4%

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