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Average Management Occupations Salary in Portland-South Portland, ME

In Portland-South Portland, ME, Management Occupations professionals earn an average annual salary of $132,000. This figure is slightly below the national average of $143,930, suggesting that while the demand for management talent is present, local market dynamics and potentially other economic factors influence compensation levels compared to the broader U.S. landscape.

Executive Summary

  • Average Salary: $132,000 per year.
  • Growth Trend: Salaries have shifted 12.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $217,230.
  • Outlook: The Portland-South Portland, ME, labor market for Management Occupations is robust, evidenced by a substantial local workforce of 21,560 individuals. With a Location Quotient of 1.07, management roles are slightly more concentrated here than the national average, indicating a steady and potentially growing demand for these essential leadership positions within the region's economy.
2024 Market Data

Salary Overview

$132,000

The average Management Occupations in Portland-South Portland, ME earns-8.3%below the national average.

BreakdownBased on 40h/week
Hourly

$63.5

Weekly

$2,538

Monthly

$11,000

Management Occupations Salary Distribution in Portland-South Portland, ME

Salary progression for Management Occupations in Portland-South Portland, ME, typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior executives and seasoned managers can command salaries well into the upper percentiles, often exceeding $170,000. These percentile gaps clearly signify the substantial career growth and earning potential available within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$56,760$27.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$99,000$47.6
ManagerOversees team, compliance, and project delivery.50% (Median)$109,680$52.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$165,000$79.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$217,230$104.4

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$132,000

Gross Pay

Real Wage (Purchasing Power)

$132,000

Adjusted for COL (100)

The average annual salary of $132,000 in Portland-South Portland, ME, aligns perfectly with the national average cost of living, which is indexed at 100. This means that, on average, your purchasing power for goods and services in this region is comparable to the national standard, making the nominal salary translate directly to real-world affordability.

Job Market Context

21,560

Total Jobs

75.833

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Portland-South Portland, ME has a slightly higher-than-average concentration of Management Occupations roles compared to the national norm.

With a Location Quotient of 1.07, Management Occupations are 7% more concentrated in Portland-South Portland, ME, than the national average. This suggests a healthy and slightly more competitive job market, where employers may actively seek out experienced management talent, but the overall supply is well-matched to demand, indicating a stable employment environment.

Nearby Job Markets

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Portland-South Portland, ME?

The median annual salary for a Management Occupations in Portland-South Portland, ME is $132,000. This typically ranges from $56,760 for entry-level positions to $217,230 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Portland-South Portland, ME is 8.3% lower than the national median of $143,930.

Is Portland-South Portland, ME a lucrative place for Management Occupationss?

Yes, with caveats.The average salary of $132,000 is competitive with the national average cost of living, and the slightly higher concentration of these roles indicates a stable market.

Is Portland-South Portland, ME a good place to live for Management Occupations?

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

Where are the highest paying cities near Portland-South Portland, ME?

Some top paying nearby cities include Lewiston-Auburn, ME ($114,400) and Central New Hampshire nonmetropolitan area.

How does the Portland-South Portland, ME salary compare to the national average?

The average salary of $132,000 in Portland-South Portland, ME, is approximately 8.2% lower than the national average of $143,930 for Management Occupations.

What is the concentration of Management Occupations in Portland-South Portland, ME?

The Location Quotient of 1.07 indicates that Management Occupations are slightly more concentrated in Portland-South Portland, ME, compared to the national average, suggesting a robust local presence.

How does the cost of living affect the salary in Portland-South Portland, ME?

With a Cost of Living Index of 100, the national average, the $132,000 salary in Portland-South Portland, ME, offers purchasing power equivalent to the national standard.

What is the total workforce size for Management Occupations in Portland-South Portland, ME?

There are 21,560 individuals employed in Management Occupations within the Portland-South Portland, ME, metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 21,560 employees in the Portland-South Portland, ME area with a job density of 75.833 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.