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The median household income in Portland town was $115,694 in 2021, which marked an an increase of 4,925(4.45%) from $110,769 in 2020. This income is 155.07% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Portland town sees its highest median household income among householders in the age group of 45 to 64 years old, at $142,607. Overall, the median household income for the town of Portland town stands at $115,694.
In Portland town, the median income for all workers aged 15 years and older, regardless of work hours, was $68,908 for males and $45,446 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $87,417 for males and $67,364 for females.
In Portland town, there are just three different racial groups among households. Among these, Some Other Race households report a median household income of $257,269, followed by Two or More Races households at $128,021, and White households with a median household income of $115,717.
In 2021, the population of Portland town was 9,462, a 0.39% increase year-by-year from 2020. Previously, in 2020, Portland town's population was 9,425, an increase of 1.66% compared to a population of 9,271 in 2019.
The median age in Portland, Connecticut is 41.3, as per 2021 ACS 5-Year Estimates. Of the total population, 17.92% were under the age of 15, 14.71% aged 15 to 29, 50.35% aged 30 to 64, 14.84% aged 65 to 84, and 2.18% were 85 years of age and older.
The total population of Portland town is estimated to be 9,459 with 4,645 males (49.11%) and 4,814 females (50.89%). There are 169 more females than males in Portland town.
Racial distribution of Portland town population: 91.90% are White, 0.89% are Black or African American, 2.22% are Asian, 1.61% are some other race and 3.38% are multiracial.