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Average Management Occupations Salary in Northeast Maine nonmetropolitan area

Management Occupations in the Northeast Maine nonmetropolitan area command an average annual salary of $104,120. This figure is notably below the national average of $143,930. The localized economic landscape and specific industry demands within this region contribute to this pay differential, reflecting a different market dynamic compared to national trends.

Executive Summary

  • Average Salary: $104,120 per year.
  • Growth Trend: Salaries have shifted 18.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $167,920.
  • Outlook: With a local workforce of 3,960 individuals in Management Occupations, the job market in Northeast Maine nonmetropolitan area presents a stable, albeit not exceptionally concentrated, environment. The Location Quotient of 0.88 suggests that management roles are present at a rate slightly below the national average, indicating a moderate level of demand that aligns with the region's overall economic structure.
2024 Market Data

Salary Overview

$104,120

The average Management Occupations in Northeast Maine nonmetropolitan area earns-27.7%below the national average.

BreakdownBased on 40h/week
Hourly

$50.1

Weekly

$2,002

Monthly

$8,677

Management Occupations Salary Distribution in Northeast Maine nonmetropolitan area

The salary spectrum for Management Occupations typically widens significantly with experience. Entry-level positions might start considerably lower than the $104,120 average, while senior-level executives and highly specialized managers can command salaries well above this mark. The percentile gaps in compensation clearly signify the career progression and increased responsibility associated with advancing through management ranks.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$49,990$24
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$78,090$37.5
ManagerOversees team, compliance, and project delivery.50% (Median)$92,260$44.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$130,150$62.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$167,920$80.7

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$104,120

Gross Pay

Real Wage (Purchasing Power)

$104,120

Adjusted for COL (100)

The average annual salary of $104,120 in Northeast Maine nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard, making the cost of living a neutral factor in assessing the value of this salary.

Job Market Context

3,960

Total Jobs

62.798

Per 1K Jobs

0.88

Location Quotient

Below Average

Northeast Maine nonmetropolitan area has 0.88x the national average concentration of Management Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.88 for Management Occupations in Northeast Maine nonmetropolitan area indicates that this sector is slightly less concentrated than the national average. This suggests that while management roles are a consistent part of the local economy, they are not disproportionately dominant, implying a moderately competitive job market where opportunities exist but may require targeted searching.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near Northeast Maine nonmetropolitan area

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Northeast Maine nonmetropolitan area?

The median annual salary for a Management Occupations in Northeast Maine nonmetropolitan area is $104,120. This typically ranges from $49,990 for entry-level positions to $167,920 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 27.7% lower than the national median of $143,930.

Is Northeast Maine nonmetropolitan area a lucrative place for Management Occupationss?

No, not when compared to national averages.The average salary of $104,120 is significantly lower than the national average of $143,930. However, the cost of living is also at the national average, meaning the purchasing power is comparable.

Is Northeast Maine nonmetropolitan area a good place to live for Management Occupations?

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 ($111,960) and Lewiston-Auburn, ME.

What is the total number of Management Occupations jobs in Northeast Maine nonmetropolitan area?

There are approximately 3,960 individuals employed in Management Occupations within the Northeast Maine nonmetropolitan area.

How does the concentration of Management Occupations in this area compare to the national average?

The Location Quotient of 0.88 indicates that Management Occupations are slightly less concentrated in Northeast Maine nonmetropolitan area compared to the national average.

What is the purchasing power of a $104,120 salary in Northeast Maine nonmetropolitan area?

With a Cost of Living Index of 100, the purchasing power of $104,120 in Northeast Maine nonmetropolitan area is equivalent to the national average.

Are there many Management Occupations jobs per worker in this region?

There are 62.798 Management Occupations jobs per 1,000 workers in the Northeast Maine nonmetropolitan area, reflecting a steady presence of these roles.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,960 employees in the Northeast Maine nonmetropolitan area area with a job density of 62.798 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.