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Average General and Operations Managers Salary in Bangor, ME

General and Operations Managers in Bangor, Maine, command an average annual salary of $103,810. This figure is notably below the national average of $132,920, reflecting regional economic factors and the specific demand dynamics within the Bangor metropolitan area. While the nominal salary is substantial, understanding its local context is key to assessing its true value.

Executive Summary

  • Average Salary: $103,810 per year.
  • Growth Trend: Salaries have shifted 20.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $176,110.
  • Outlook: The Bangor job market for General and Operations Managers shows a moderate level of concentration, with a Location Quotient of 0.83, indicating slightly less prevalence than the national average. The presence of 1,390 professionals in this role within the local workforce, translating to 19.388 jobs per 1,000 workers, suggests a stable, albeit not exceptionally high, demand for these management positions.
2024 Market Data

Salary Overview

$103,810

The average General and Operations Managers in Bangor, ME earns-21.9%below the national average.

BreakdownBased on 40h/week
Hourly

$49.9

Weekly

$1,996

Monthly

$8,651

General and Operations Managers Salary Distribution in Bangor, ME

The career trajectory for General and Operations Managers in Bangor, ME, typically involves significant salary progression based on experience. Entry-level positions might start at a lower percentile, but with accumulated expertise, leadership skills, and a proven track record, professionals can advance to senior roles commanding higher salaries, often reaching into the upper percentiles of the $103,810 average.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,640$23.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$77,858$37.4
ManagerOversees team, compliance, and project delivery.50% (Median)$88,500$42.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$129,763$62.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$176,110$84.7

Detailed General and Operations Managers Market Analysis

Relocation Context

Nominal Salary

$103,810

Gross Pay

Real Wage (Purchasing Power)

$103,810

Adjusted for COL (100)

Bangor, ME, presents an interesting financial landscape for General and Operations Managers, with an average salary of $103,810 aligning precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Bangor-based manager's salary is equivalent to that of a manager earning the national average in a location with average living expenses.

Job Market Context

1,390

Total Jobs

19.388

Per 1K Jobs

0.83

Location Quotient

Below Average

Bangor, ME has 0.83x the national average concentration of General and Operations Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.83 for General and Operations Managers in Bangor suggests that the concentration of these roles is slightly below the national average. This indicates that while the profession is present and valued, the market may not be saturated, potentially offering a competitive environment for skilled managers seeking opportunities without facing an overwhelming number of peers.

Nearby Job Markets

Nearby Cities for General and Operations Managers

Comparing salaries near Bangor, ME

Hiring General and Operations Managerss?

Frequently Asked Questions

How much does a General and Operations Managers make in Bangor, ME?

The median annual salary for a General and Operations Managers in Bangor, ME is $103,810. This typically ranges from $48,640 for entry-level positions to $176,110 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bangor, ME is 21.9% lower than the national median of $132,920.

Is Bangor, ME a lucrative place for General and Operations Managers?

No, not when compared to the national average.While the average salary of $103,810 is substantial, it falls below the national average of $132,920. However, the cost of living in Bangor is at the national average, making the salary's purchasing power equivalent to the national average.

Is Bangor, ME a good place to live for General and Operations Managers?

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 ($99,000) and Northeast Maine nonmetropolitan area.

How does the Bangor salary compare to the national average?

The average annual salary for General and Operations Managers in Bangor, ME, is $103,810, which is lower than the national average of $132,920.

What is the cost of living in Bangor, ME?

Bangor, ME, has a Cost of Living Index of 100, which is exactly the national average, meaning living expenses are neither significantly higher nor lower than the typical U.S. location.

How concentrated are General and Operations Manager jobs in Bangor?

The concentration of General and Operations Manager jobs in Bangor, indicated by a Location Quotient of 0.83, is slightly below the national average, suggesting a moderately present job market.

What is the total number of General and Operations Managers in Bangor?

There are approximately 1,390 General and Operations Managers working in Bangor, ME, representing about 19.388 jobs per 1,000 workers in the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,390 employees in the Bangor, ME area with a job density of 19.388 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.