TravelTill

Economy of Portland ME


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provide homes for other corporations. Since 1867, Burnham & Morrill Co., maker of B&M Baked Beans, has had its main plant in Portland. The plant is considered a local and state landmark.

Portland has a low unemployment level when compared to national and state averages, 6.8% in January 2011. Portland and surrounding communities also have higher median incomes than most other Maine communities.

The Portland-Montreal Pipe Line, a crude oil pipeline that stretches from South Portland to Montreal, was a major contributing factor in these rankings.

Portland is home to increased urban farming, particularly in the East Bayside neighbourhood

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