SalaryNode

Average Accountants and Auditors Salary in Bangor, ME

Accountants and Auditors in Bangor, Maine, earn an average annual salary of $82,260. This figure is notably below the national average of $94,430, suggesting that local market dynamics, such as industry demand and the overall economic landscape of Maine, play a significant role in compensation levels.

Executive Summary

  • Average Salary: $82,260 per year.
  • Growth Trend: Salaries have shifted 15.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $125,000.
  • Outlook: The job market for Accountants and Auditors in Bangor, ME, is characterized by a local workforce of 350 professionals. With a Location Quotient of 0.51, the concentration of these roles is below the national average, indicating a less saturated but potentially less robust demand compared to larger metropolitan areas.
2024 Market Data

Salary Overview

$82,260

The average Accountants and Auditors in Bangor, ME earns-12.9%below the national average.

BreakdownBased on 40h/week
Hourly

$39.6

Weekly

$1,582

Monthly

$6,855

Accountants and Auditors Salary Distribution in Bangor, ME

Salary progression for Accountants and Auditors in Bangor, ME, typically scales with experience. Entry-level positions will command lower salaries, while senior roles, requiring extensive expertise and a proven track record, can significantly exceed the average. The percentile gaps between these levels reflect the clear career progression opportunities available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$53,470$25.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$61,695$29.7
ManagerOversees team, compliance, and project delivery.50% (Median)$76,500$36.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$102,825$49.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$125,000$60.1

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$82,260

Gross Pay

Real Wage (Purchasing Power)

$82,260

Adjusted for COL (100)

The average annual salary of $82,260 in Bangor, ME, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income in Bangor is equivalent to the national standard, offering a stable financial footing.

Job Market Context

350

Total Jobs

4.836

Per 1K Jobs

0.51

Location Quotient

Below Average

Bangor, ME has 0.51x the national average concentration of Accountants and Auditors jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.51, Accountants and Auditors are less concentrated in Bangor, ME, than the national average. This suggests that while the demand might not be as high as in major hubs, professionals entering this market may face less direct competition from a saturated pool of candidates.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

CitySalaryDist.
Southwest Maine nonmetropolitan area Accountants and Auditors Salary$75,760↓ 8%31 mi
Northeast Maine nonmetropolitan area Accountants and Auditors Salary$83,380↑ 1%31 mi
Lewiston-Auburn, ME Accountants and Auditors Salary$82,430↑ 0%85 mi

Comparing salaries near Bangor, ME

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Bangor, ME?

The median annual salary for a Accountants and Auditors in Bangor, ME is $82,260. This typically ranges from $53,470 for entry-level positions to $125,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bangor, ME is 12.9% lower than the national median of $94,430.

Is Bangor, ME a lucrative place for Accountants and Auditors?

No, not compared to the national average.While the cost of living is average, the average salary for Accountants and Auditors in Bangor, ME, is below the national average. This indicates that the earning potential in this specific location is less lucrative than in many other parts of the country.

Is Bangor, ME a good place to live for Accountants and Auditors?

The Cost of Living Index in Bangor, ME is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Bangor, ME?

Some top paying nearby cities include Southwest Maine nonmetropolitan area ($75,760) and Northeast Maine nonmetropolitan area.

What is the average salary for an Accountant or Auditor in Bangor, ME?

The average annual salary for Accountants and Auditors in Bangor, ME, is $82,260.

How does Bangor's cost of living compare to the national average?

Bangor, ME, has a cost of living index of 100, which is exactly the same as the national average.

Is there high demand for Accountants and Auditors in Bangor, ME?

The Location Quotient of 0.51 suggests that the concentration of Accountants and Auditors is lower than the national average, indicating potentially moderate demand.

How many Accountants and Auditors are there in Bangor, ME?

There are approximately 350 Accountants and Auditors working in the Bangor, ME area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Bangor, ME area with a job density of 4.836 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Bangor, ME