Paycheck Atlas

Is $40k a good salary in Portland, ME?

tight A $40k salary is 57% below the median household income here ($92,175). After tax you take home about $2,643 a month, and median rent ($1,485) takes 56% of that.

$31,720 take-home a year
Gross pay$40,000
Federal income tax−$2,620
Social Security + Medicare−$3,060
Maine income tax (approx.)−$2,600
Monthly take-home$2,643
Every two weeks$1,220
$39,270What $40k buys in Portland, ME, expressed in average-US prices (price level 101.9).
56%Rent share of take-home. Under 25% is comfortable, 25–35% workable, above 35% tight.

Jobs that pay about $40k in Portland, ME

Other salaries in Portland, ME

Median household income and rent: Census 2024 ACS 5-year. Household income covers all earners, so compare with care if you live alone. Take-home is an estimate for a single filer.