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Average Project Management Specialists Salary in Bangor, ME

Project Management Specialists in Bangor, ME, earn an average annual salary of $88,200. This figure is notably below the national average of $108,900, reflecting regional economic factors and a less concentrated demand for these specialized roles within the local market.

Executive Summary

  • Average Salary: $88,200 per year.
  • Growth Trend: Salaries have shifted 17.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,970.
  • Outlook: With a local workforce of 200 Project Management Specialists and a Location Quotient of 0.43, the job market in Bangor, ME, indicates a lower concentration compared to national benchmarks. This suggests a niche demand, implying that while opportunities exist, they may be less abundant than in larger metropolitan areas.
2024 Market Data

Salary Overview

$88,200

The average Project Management Specialists in Bangor, ME earns-19.0%below the national average.

BreakdownBased on 40h/week
Hourly

$42.4

Weekly

$1,696

Monthly

$7,350

Project Management Specialists Salary Distribution in Bangor, ME

Salary progression for Project Management Specialists in Bangor, ME, is significantly influenced by experience. Entry-level positions typically command lower salaries, while senior roles with extensive project portfolios and leadership experience can see substantial increases. The percentile gaps between junior and senior roles highlight clear career advancement pathways.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$57,130$27.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$66,150$31.8
ManagerOversees team, compliance, and project delivery.50% (Median)$82,970$39.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$110,250$53
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$126,970$61

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$88,200

Gross Pay

Real Wage (Purchasing Power)

$88,200

Adjusted for COL (100)

The nominal salary of $88,200 in Bangor, ME, is precisely aligned with the national average cost of living (index of 100). This means that while the salary is lower than the national average, the purchasing power of that income locally is comparable to the national standard, mitigating some of the impact of the lower nominal wage.

Job Market Context

200

Total Jobs

2.816

Per 1K Jobs

0.43

Location Quotient

Low Concentration

At 0.43x, Bangor, ME has a notably lower concentration of Project Management Specialists jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.43 for Project Management Specialists in Bangor, ME, signifies that the concentration of these professionals is less than half the national average. This suggests a less competitive market in terms of talent density, potentially offering advantages for skilled individuals seeking employment, but also indicating a smaller overall job pool.

Nearby Job Markets

Nearby Cities for Project Management Specialists

CitySalaryDist.
Southwest Maine nonmetropolitan area Project Management Specialists Salary$91,150↑ 3%31 mi
Northeast Maine nonmetropolitan area Project Management Specialists Salary$83,410↓ 5%31 mi
Lewiston-Auburn, ME Project Management Specialists Salary$99,020↑ 12%85 mi

Comparing salaries near Bangor, ME

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Bangor, ME?

The median annual salary for a Project Management Specialists in Bangor, ME is $88,200. This typically ranges from $57,130 for entry-level positions to $126,970 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bangor, ME is 19.0% lower than the national median of $108,900.

Is Bangor, ME a lucrative place for Project Management Specialists?

No, not exceptionally lucrative compared to national averages.The average salary of $88,200 is significantly lower than the national average of $108,900, and the job market shows less concentration.

Is Bangor, ME a good place to live for Project Management Specialists?

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 ($91,150) and Northeast Maine nonmetropolitan area.

How does Bangor's Project Management Specialist salary compare to the national average?

The average salary in Bangor, ME, is $88,200, which is approximately $20,700 less than the national average of $108,900.

What is the Cost of Living in Bangor, ME, for Project Management Specialists?

Bangor, ME, has a Cost of Living Index of 100, which is exactly the national average, meaning the purchasing power of the local salary is on par with the rest of the country.

How concentrated is the Project Management Specialist job market in Bangor, ME?

The market is less concentrated than the national average, with a Location Quotient of 0.43, indicating fewer specialists per capita relative to the rest of the US.

What does the number of jobs per 1,000 workers suggest for Project Management Specialists in Bangor, ME?

With 2.816 jobs per 1,000 workers, the demand for Project Management Specialists is present but not exceptionally high, aligning with the lower concentration observed.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Bangor, ME area with a job density of 2.816 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in Bangor, ME