Average Sales and Related Occupations Salary in Bangor, ME
In Bangor, Maine, professionals in Sales and Related Occupations earn an average annual salary of $45,740. This figure is notably below the national average of $54,110, suggesting that local market dynamics and economic factors specific to Bangor influence compensation levels. The cost of living in Bangor is precisely at the national average, meaning the lower nominal salary has a direct impact on purchasing power.
Executive Summary
- Average Salary: $45,740 per year.
- Growth Trend: Salaries have shifted 16.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $71,380.
- Outlook: With a total local workforce of 6,620 individuals in Sales and Related Occupations, Bangor presents a stable, albeit not exceptionally large, employment base. The Location Quotient of 1.07 indicates a slightly higher concentration of these roles compared to the national average, suggesting a steady demand that aligns with the typical distribution of such professions within a regional economy.
Salary Overview
The average Sales and Related Occupations in Bangor, ME earns-15.5%below the national average.
$22
$880
$3,812
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data for Bangor's Sales and Related Occupations is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic recovery and evolving market demands typically drive incremental increases in compensation for sales professionals, reflecting their crucial role in business development and revenue generation.
Sales and Related Occupations Salary Distribution in Bangor, ME
Salary progression for Sales and Related Occupations in Bangor, ME, typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and advanced sales skills can command significantly higher salaries. The percentile gaps in earnings clearly signify career progression opportunities and the value placed on expertise and performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $30,070 | $14.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $34,305 | $16.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $36,200 | $17.4 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $57,175 | $27.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $71,380 | $34.3 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$45,740
Gross Pay
Real Wage (Purchasing Power)
$45,740
Adjusted for COL (100)
The average annual salary of $45,740 in Bangor, ME, aligns perfectly with the local Cost of Living Index of 100. This means that the nominal income earned by sales professionals in Bangor offers purchasing power equivalent to the national average. While the salary is lower than the national average, the stable cost of living ensures that the take-home pay maintains a comparable standard of living.
Job Market Context
6,620
Total Jobs
92.441
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Bangor, ME has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.
Bangor, ME, exhibits a Location Quotient of 1.07 for Sales and Related Occupations, indicating a slightly higher concentration of these jobs than the national average. This suggests a market that is neither oversaturated nor critically lacking in sales professionals, presenting a balanced environment for job seekers and employers alike. The presence of these roles at a slightly above-average density points to consistent local demand.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| Southwest Maine nonmetropolitan area Sales and Related Occupations Salary | $44,200↓ 3% | 31 mi |
| Northeast Maine nonmetropolitan area Sales and Related Occupations Salary | $42,380↓ 7% | 31 mi |
| Lewiston-Auburn, ME Sales and Related Occupations Salary | $47,970↑ 5% | 85 mi |
Comparing salaries near Bangor, ME
Hiring Sales and Related Occupationss?
Frequently Asked Questions
How much does a Sales and Related Occupations make in Bangor, ME?
The median annual salary for a Sales and Related Occupations in Bangor, ME is $45,740. This typically ranges from $30,070 for entry-level positions to $71,380 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bangor, ME is 15.5% lower than the national median of $54,110.
Is Bangor, ME a lucrative place for Sales and Related Occupationss?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $45,740 is significantly lower than the national average of $54,110, impacting overall earning potential.
Is Bangor, ME a good place to live for Sales and Related Occupations?
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 ($44,200) and Northeast Maine nonmetropolitan area.
How does the Bangor sales job market compare to the national average?
The Bangor market has a slightly higher concentration of Sales and Related Occupations roles (LQ of 1.07) but offers a lower average salary ($45,740 vs. $54,110 nationally).
What is the impact of the Cost of Living in Bangor on sales salaries?
With a Cost of Living Index of 100, the average salary of $45,740 in Bangor provides purchasing power equivalent to the national average, despite being lower than the national salary.
Are there many sales jobs in Bangor, ME?
There are 6,620 individuals employed in Sales and Related Occupations locally, with 92.441 jobs per 1,000 workers, indicating a consistent presence of these roles.
How does experience affect salary for sales roles in Bangor?
As with most sales positions, experience is a key driver of salary. Entry-level roles will likely pay less, while senior sales professionals with a strong performance history can expect higher compensation, reflecting career progression.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,620 employees in the Bangor, ME area with a job density of 92.441 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Sales and Related Occupations • Data source: BLS OEWS 2024 •Jobs in Bangor, ME