Net Worth Percentile in South Portland

Your national net worth ranking uses Federal Reserve SCF data and is the same wherever you live. But South Portland’s cost of living is 12% above the national average (COL index: 112), which changes what your net worth actually buys.

Purchasing power in South Portland

National median (ages 45-54) ($248K)3 yrs of expenses
$1M net worth ($1.0M)12.2 yrs of expenses
$2M net worth ($2.0M)24.5 yrs of expenses
$5M net worth ($5.0M)61.2 yrs of expenses

Based on BLS 2023 Consumer Expenditure Survey ($81,723/yr in South Portland).

South Portland — key figures

Cost of living index112 (US avg = 100)
Median home price$420,000
Median household income$70,000

Calculate your net worth rank

Total assets (home equity, investments, retirement, savings) minus total debts (mortgage, loans, credit cards). Negative values are fine.

Frequently asked questions

What net worth puts you in the top 10% in South Portland?

Nationally, the top 10% of Americans ages 45-54 have a net worth of roughly $1.7M or more. In South Portland, where cost of living is 12% above the national average (COL index: 112), that $1.7M covers approximately 20.8 years of living expenses compared to 23.3 years at the national average.

How does South Portland's cost of living affect my net worth ranking?

South Portland has a cost of living index of 112 (US average = 100). Your national percentile ranking uses Federal Reserve SCF data and is the same regardless of where you live. But your purchasing power differs: $1M in South Portland covers 12.2 years of average living expenses, versus 13.7 years at the national average.

What is the median household income in South Portland?

The median household income in South Portland is $70,000 per year. The national median household income is approximately $74,580 (Census ACS 2023).

What is the median home price in South Portland?

The median home sale price in South Portland metro area is approximately $420,000 (2024). For a household with $500K in net worth, that represents 119% of the median home price.

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