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Average Sales and Related Occupations Salary in Maine

In Maine, professionals in Sales and Related Occupations earn an average annual salary of $48,700. This figure is slightly below the national average of $54,110, reflecting regional economic factors and industry demand specific to the Pine Tree State. The local market dynamics, including the concentration of these roles and the cost of living, play a significant role in shaping compensation levels.

Executive Summary

  • Average Salary: $48,700 per year.
  • Growth Trend: Salaries have shifted 15.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $75,980.
  • Outlook: Maine's market for Sales and Related Occupations is robust, supporting a substantial local workforce of 55,350 individuals. With a Location Quotient of 1.01, the concentration of these roles is nearly on par with the national average, indicating a stable and established presence within the state's economy. This suggests consistent demand and opportunities for professionals in this sector.
2024 Market Data

Salary Overview

$48,700

The average Sales and Related Occupations in Maine earns-10.0%below the national average.

BreakdownBased on 40h/week
Hourly

$23.4

Weekly

$937

Monthly

$4,058

Sales and Related Occupations Salary Distribution in Maine

Career progression within Sales and Related Occupations in Maine typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles and management positions command salaries in the higher percentiles. The widening gap between entry-level and senior compensation reflects the value placed on accumulated expertise, client relationship management, and leadership skills.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$30,500$14.7
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$36,525$17.6
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$37,580$18.1
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$60,875$29.3
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$75,980$36.5

Detailed Sales and Related Occupations Market Analysis

Relocation Context

Nominal Salary

$48,700

Gross Pay

Real Wage (Purchasing Power)

$43,677

Adjusted for COL (111.5)

The average annual salary of $48,700 in Maine needs to be considered alongside its Cost of Living Index of 111.5. This index, which is 11.5% higher than the national average, means that while the nominal salary might seem lower than the national average, the purchasing power of $48,700 in Maine is somewhat diminished due to higher living expenses. Careful budgeting is essential for individuals considering a move to or within the state.

Job Market Context

55,350

Total Jobs

87.097

Per 1K Jobs

1.01

Location Quotient

Above Average

With a location quotient of 1.01, Maine has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.

With a Location Quotient of 1.01, Maine's job market for Sales and Related Occupations is closely aligned with the national average in terms of concentration. This suggests a balanced market where the number of jobs is proportionate to the national distribution. It indicates neither an oversupply nor a significant undersupply of sales professionals, implying a competitive yet accessible environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for Sales and Related Occupations

Comparing salaries near Maine

Hiring Sales and Related Occupationss?

Frequently Asked Questions

How much does a Sales and Related Occupations make in Maine?

The median annual salary for a Sales and Related Occupations in Maine is $48,700. This typically ranges from $30,500 for entry-level positions to $75,980 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Maine is 10.0% lower than the national median of $54,110.

Is Maine a lucrative place for Sales and Related Occupationss?

No, but it offers stability.While the average salary of $48,700 is below the national average, the stable job market concentration (LQ of 1.01) indicates consistent opportunities. However, the higher cost of living means purchasing power is reduced compared to national averages.

Is Maine a good place to live for Sales and Related Occupations?

The Cost of Living Index in Maine is 111.5. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Maine?

Some top paying nearby cities include Bangor, ME ($45,740) and Lewiston-Auburn, ME.

How does Maine's average sales salary compare to the national average?

The average annual salary for Sales and Related Occupations in Maine is $48,700, which is approximately $5,410 less than the national average of $54,110.

What is the concentration of Sales and Related Occupations jobs in Maine?

Maine has a Location Quotient of 1.01 for Sales and Related Occupations, indicating that the concentration of these jobs in the state is very close to the national average.

How does the cost of living in Maine affect the salary?

Maine's Cost of Living Index is 111.5, meaning it is 11.5% more expensive to live there than the national average. This higher cost of living reduces the effective purchasing power of the $48,700 average salary.

What is the total number of Sales and Related Occupations jobs in Maine?

There are approximately 55,350 individuals employed in Sales and Related Occupations in Maine, representing a significant portion of the state's workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 55,350 employees in the Maine area with a job density of 87.097 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.