Portland, South Portland, Saco: These cities aren’t just some of the best places to live in Maine. They are also home to some of the richest people in the Pine Tree State.
Portland in particular houses the richest residents in the state thanks, in part, to a median household income of $76,174 and a ridiculously low poverty rate of 11.24949659173963%.
If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Maine share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.
How did we come up with these mega wealthy cities? We analyzed Census data from the 2019-2023 American Community Survey for the 21 places in Maine with more than 2,000 people.
Table Of Contents: Top Ten | Methodology | Summary | Table
For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Maine.
Rich people not your cup of tea? Feel free to check out some more reading about Maine:
The 10 Richest Cities In Maine For 2025
1. Portland
/10
Population: 68,505
Median Income: $76,174
Median Home Values: $559,108
More on Portland: Data | Crime | Cost Of Living
2. South Portland
/10
Population: 26,780
Median Income: $84,563
Median Home Values: $512,730
More on South Portland: Data | Crime | Cost Of Living
3. Saco
/10
Population: 20,636
Median Income: $84,328
Median Home Values: $520,739
More on Saco: Data | Crime | Cost Of Living
4. Westbrook
/10
Population: 20,484
Median Income: $85,868
Median Home Values: $448,488
More on Westbrook: Data | Crime | Cost Of Living
5. Biddeford
/10
Population: 22,463
Median Income: $69,794
Median Home Values: $506,531
More on Biddeford: Data | Crime | Cost Of Living
6. Ellsworth
/10
Population: 8,550
Median Income: $70,990
Median Home Values: $357,060
More on Ellsworth: Data | Crime | Cost Of Living
7. Belfast
/10
Population: 6,985
Median Income: $61,322
Median Home Values: $386,506
More on Belfast: Data | Crime | Cost Of Living
8. Bath
/10
Population: 8,801
Median Income: $65,565
Median Home Values: $368,380
More on Bath: Data | Crime | Cost Of Living
9. Hallowell
/10
10. Auburn
/10
Population: 24,294
Median Income: $66,552
Median Home Values: $324,143
More on Auburn: Data | Crime | Cost Of Living
Methodology: How We Determined The Richest Places In Maine For 2025
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying personal incomes. After all, rich people have really high salaries.
However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places.” So we looked at this set of criteria from the newly released 2019-2023 American Community Survey and applied Saturday Night Science:
- Median Home Values
- Median Household Income
Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”
After we collected the data for all 21 places with more than 2,000 people in Maine, we ranked each place from 1 to 21 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a “Rich Score,” with the place having the lowest overall Rich Score, Portland, crowned the “Richest City In Maine For 2025.”
The data has been updated for 2025. This is our tenth time ranking the wealthiest cities in Maine.
You can skip to the end to see the rankings for all 21 places.
Summary: The Wealthiest Places In Maine For 2025
Like we said earlier, when we set out to identify the richest places in Maine, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Maine.
The richest cities in Maine are Portland, South Portland, Saco, Westbrook, Biddeford, Ellsworth, Belfast, Bath, Hallowell, and Auburn.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in Maine, according to data:
Poorest: Calais
2nd Poorest: Waterville
3rd Poorest: Caribou
For more Maine reading, check out:
Detailed List Of The Richest Cities In Maine
| Rank | City | RichScore | Median Income | Average Home Price |
|---|---|---|---|---|
| 1 | Portland | 2.5 | $76,174 | $559,108 |
| 2 | South Portland | 2.5 | $84,563 | $512,730 |
| 3 | Saco | 2.5 | $84,328 | $520,739 |
| 4 | Westbrook | 3.0 | $85,868 | $448,488 |
| 5 | Biddeford | 5.0 | $69,794 | $506,531 |
| 6 | Ellsworth | 7.0 | $70,990 | $357,060 |
| 7 | Belfast | 7.5 | $61,322 | $386,506 |
| 8 | Bath | 8.0 | $65,565 | $368,380 |
| 9 | Hallowell | 8.5 | $58,811 | $373,599 |
| 10 | Auburn | 9.0 | $66,552 | $324,143 |
| 11 | Rockland | 12.5 | $55,276 | $352,487 |
| 12 | Gardiner | 12.5 | $58,152 | $296,030 |
| 13 | Lewiston | 13.5 | $56,558 | $296,492 |
| 14 | Bangor | 13.5 | $58,096 | $282,885 |
| 15 | Brewer | 14.5 | $51,490 | $299,370 |
| 16 | Presque Isle | 16.0 | $57,396 | $171,575 |
| 17 | Old Town | 17.5 | $49,329 | $254,846 |
| 18 | Augusta | 17.5 | $48,756 | $278,754 |
| 19 | Caribou | 18.0 | $54,271 | $154,327 |
| 20 | Waterville | 19.5 | $47,489 | $247,812 |
| 21 | Calais | 20.5 | $48,654 | $149,609 |