Cumberland County, ME
FIPS: 23005
Median HAM
10.7x
High
Jul 2023
Minimum HAM
22.6x
Very High
Jan 2026
HAM Burden
116%
Very High
Dec 2025
Local minimum wage note: Portland has a local minimum wage of $15.00/hr (state rate used in calculation: $14.15/hr)
Not enough historical data to show a trend chart for this county.
Economic Profile
BEA GDP data (2024)
GDP Per Capita
$114,219
National avg: ~$82,000
Total GDP
$34.6B
Thousands of current $
Population
303,069
2020 Census
Top Industries by GDP
Real estate and rental and leasing14.8%
Health care and social assistance12.0%
Finance and insurance10.8%
Professional, scientific, and technical services9.6%
Retail trade7.7%
Data Breakdown
Median HAM
Data as of Jul 2023
Median Home Price
$411,400
Census ACS
Gross Median Income
$49,540
Census ACS
Net Median Income
$38,569
Calculated
Median HAM
10.67x
Minimum HAM
Data as of Jan 2026
Median Home Price
$536,313
Redfin
Min Wage (Hourly)
$14.15/hr
State labor data
Net Min Wage Income
$23,720
Calculated
Minimum HAM
22.61x
HAM Burden
Data as of Dec 2025
Monthly Rent
$2,286
Zillow ZORI
Min Wage (Hourly)
$14.15/hr
State labor data
Monthly Net Min Wage
$1,977
Calculated
HAM Burden
115.7%
Methodology: HAM = Home Price / Net Annual Income. Net income assumes single filer, standard deduction, 2,080 hrs/yr for minimum wage. Federal + state tax + FICA deducted. Home price source priority: Zillow ZHVI > Redfin > Census ACS.