Average Medical and Health Services Managers Salary in Bangor, ME
Medical and Health Services Managers in Bangor, ME, earn an average annual salary of $126,170. This figure is slightly below the national average of $137,170, indicating a localized compensation structure influenced by regional economic factors and demand within the specific healthcare landscape of Maine. While the national average is higher, the Bangor market presents a unique financial picture for these professionals.
Executive Summary
- Average Salary: $126,170 per year.
- Growth Trend: Salaries have shifted 17.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $198,260.
- Outlook: With a local workforce of 300 Medical and Health Services Managers, Bangor, ME, demonstrates a stable, albeit niche, employment base for this profession. The Location Quotient of 1.14 suggests a slightly higher concentration of these roles compared to the national average, implying a steady demand that aligns with the size of the local workforce. This indicates a robust, though not rapidly expanding, job market for experienced professionals in the area.
Salary Overview
The average Medical and Health Services Managers in Bangor, ME earns-8.0%below the national average.
$60.7
$2,426
$10,514
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data for Bangor is not provided, it is reasonable to assume that salaries for Medical and Health Services Managers in the region have experienced growth over the past four years, mirroring national trends. Economic shifts, increasing healthcare demands, and inflation typically drive upward adjustments in compensation for specialized roles like these, suggesting a positive trajectory for earning potential.
Medical and Health Services Managers Salary Distribution in Bangor, ME
The career path for Medical and Health Services Managers typically involves significant salary progression with experience. Entry-level positions may start at the lower end of the pay scale, while senior roles, requiring extensive leadership and management expertise, command substantially higher salaries. The percentile gaps in compensation clearly signify the career advancement opportunities and increased earning potential as professionals climb the ladder.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $66,980 | $32.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $94,628 | $45.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $104,550 | $50.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $157,713 | $75.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $198,260 | $95.3 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$126,170
Gross Pay
Real Wage (Purchasing Power)
$126,170
Adjusted for COL (100)
The average salary of $126,170 in Bangor, ME, is perfectly aligned with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of a Medical and Health Services Manager's salary in Bangor is equivalent to the national average. Professionals relocating to Bangor can expect their earnings to cover expenses at a rate comparable to the rest of the country.
Job Market Context
300
Total Jobs
4.174
Per 1K Jobs
1.14
Location Quotient
With a location quotient of 1.14, Bangor, ME has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.
A Location Quotient of 1.14 indicates that Medical and Health Services Managers are slightly more concentrated in Bangor, ME, than the national average. This suggests a healthy, competitive market where demand is present and potentially growing, but not oversaturated. Professionals in this field may find a good balance between job availability and the number of peers, making it a potentially advantageous market for skilled individuals.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Southwest Maine nonmetropolitan area Medical and Health Services Managers Salary | $125,800↓ 0% | 31 mi |
| Northeast Maine nonmetropolitan area Medical and Health Services Managers Salary | $115,890↓ 8% | 31 mi |
| Lewiston-Auburn, ME Medical and Health Services Managers Salary | $118,190↓ 6% | 85 mi |
Comparing salaries near Bangor, ME
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Bangor, ME?
The median annual salary for a Medical and Health Services Managers in Bangor, ME is $126,170. This typically ranges from $66,980 for entry-level positions to $198,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bangor, ME is 8.0% lower than the national median of $137,170.
Is Bangor, ME a lucrative place for Medical and Health Services Managers?
Yes, Bangor, ME offers a competitive salary for Medical and Health Services Managers.The average salary of $126,170 is strong, and with a Cost of Living Index of 100, the purchasing power is equivalent to the national average, making it a financially stable location.
Is Bangor, ME a good place to live for Medical and Health Services 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 ($125,800) and Northeast Maine nonmetropolitan area.
How does the Bangor salary compare to the national average?
The average salary for Medical and Health Services Managers in Bangor, ME, is $126,170, which is slightly lower than the national average of $137,170.
What is the concentration of Medical and Health Services Managers in Bangor, ME?
Bangor, ME has a Location Quotient of 1.14 for Medical and Health Services Managers, indicating a slightly higher concentration of these professionals compared to the national average.
How does the cost of living in Bangor, ME affect salary perception?
With a Cost of Living Index of 100, the national average, the $126,170 salary in Bangor provides purchasing power equivalent to the national average, making it a stable financial environment.
What is the total workforce size for this role in Bangor, ME?
There are approximately 300 Medical and Health Services Managers employed 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 300 employees in the Bangor, ME area with a job density of 4.174 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Medical and Health Services Managers • Data source: BLS OEWS 2024 •Jobs in Bangor, ME