Average Accountants and Auditors Salary in Northeast Maine nonmetropolitan area
Accountants and Auditors in the Northeast Maine nonmetropolitan area earn an average annual salary of $83,380. This figure sits below the national average of $94,430, reflecting the unique economic dynamics and potentially lower demand for specialized financial roles in more rural regions. The specific pay scales in this area are influenced by local industry needs and the overall economic landscape, which often differs from that of major metropolitan hubs.
Executive Summary
- Average Salary: $83,380 per year.
- Growth Trend: Salaries have shifted 29.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $117,190.
- Outlook: The job market for Accountants and Auditors in Northeast Maine, with a total local workforce of 410 professionals, indicates a stable but not rapidly expanding sector. The Location Quotient of 0.7 suggests that this profession is slightly less concentrated here than the national average, implying a moderate level of demand that aligns with the size of the local economy. While not a high-demand hotspot, the consistent presence of 6.563 jobs per 1,000 workers signifies ongoing opportunities for skilled individuals.
Salary Overview
The average Accountants and Auditors in Northeast Maine nonmetropolitan area earns-11.7%below the national average.
$40.1
$1,603
$6,948
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Accountants and Auditors in Northeast Maine have seen gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry needs typically drive incremental increases in compensation, even in less densely populated regions. Professionals can anticipate a steady, albeit potentially modest, upward trajectory in earning potential.
Accountants and Auditors Salary Distribution in Northeast Maine nonmetropolitan area
Career progression for Accountants and Auditors in Northeast Maine typically involves a clear salary scale tied to experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect significantly higher compensation. The percentile gaps between junior and senior roles highlight the substantial financial rewards associated with accumulating expertise and taking on greater responsibilities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,400 | $25.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $62,535 | $30.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,030 | $37 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $104,225 | $50.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $117,190 | $56.3 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$83,380
Gross Pay
Real Wage (Purchasing Power)
$83,380
Adjusted for COL (100)
The average annual salary of $83,380 in Northeast Maine aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant's or Auditor's salary in this region is equivalent to the national average. While the nominal salary is lower than the national average, the cost of living parity suggests that the take-home pay offers a comparable standard of living to that found in more expensive areas.
Job Market Context
410
Total Jobs
6.563
Per 1K Jobs
0.7
Location Quotient
Northeast Maine nonmetropolitan area has 0.70x 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 0.7, the market for Accountants and Auditors in Northeast Maine is less concentrated than the national average. This indicates that the profession is not as prevalent or in as high demand relative to other occupations compared to the rest of the country. While this might suggest less intense competition for roles, it also points to a potentially smaller pool of available positions and specialized opportunities.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Bangor, ME Accountants and Auditors Salary | $82,260↓ 1% | 31 mi |
| Lewiston-Auburn, ME Accountants and Auditors Salary | $82,430↓ 1% | 57 mi |
| Portland-South Portland, ME Accountants and Auditors Salary | $90,730↑ 9% | 83 mi |
Comparing salaries near Northeast Maine nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Northeast Maine nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Northeast Maine nonmetropolitan area is $83,380. This typically ranges from $52,400 for entry-level positions to $117,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northeast Maine nonmetropolitan area is 11.7% lower than the national median of $94,430.
Is Northeast Maine nonmetropolitan area a lucrative place for Accountants and Auditorss?
No, it is not exceptionally lucrative compared to national averages.The average salary of $83,380 is below the national average, although the cost of living is also at the national average, offering equivalent purchasing power.
Is Northeast Maine nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Northeast Maine nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northeast Maine nonmetropolitan area?
Some top paying nearby cities include Bangor, ME ($82,260) and Lewiston-Auburn, ME.
How does the salary compare to the national average?
The average salary of $83,380 in Northeast Maine is approximately 11.7% lower than the national average of $94,430 for Accountants and Auditors.
What is the Cost of Living in Northeast Maine nonmetropolitan area?
The Cost of Living Index for Northeast Maine nonmetropolitan area is 100, which is exactly the national average, meaning expenses are neither higher nor lower than the typical US location.
How many Accountants and Auditors work in this region?
There are approximately 410 Accountants and Auditors employed in the Northeast Maine nonmetropolitan area.
Is there high demand for Accountants and Auditors in Northeast Maine?
The Location Quotient of 0.7 suggests that the concentration of Accountants and Auditors is slightly below the national average, indicating moderate rather than high demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Northeast Maine nonmetropolitan area area with a job density of 6.563 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Northeast Maine nonmetropolitan area