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Average Sales and Related Occupations Salary in Northeast Maine nonmetropolitan area

In the Northeast Maine nonmetropolitan area, professionals in Sales and Related Occupations earn an average annual salary of $42,380. This figure falls below the national average of $54,110, reflecting the unique economic landscape and demand dynamics specific to this region. Factors such as local industry concentration and the overall economic activity contribute to this salary differential.

Executive Summary

  • Average Salary: $42,380 per year.
  • Growth Trend: Salaries have shifted 16.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,460.
  • Outlook: The local workforce for Sales and Related Occupations comprises 5,220 individuals, indicating a substantial presence within the region. With a Location Quotient of 0.96, the concentration of these roles is nearly on par with the national average, suggesting a stable, albeit not exceptionally concentrated, demand for sales professionals. This steady employment base provides a solid foundation for career opportunities in the sector.
2024 Market Data

Salary Overview

$42,380

The average Sales and Related Occupations in Northeast Maine nonmetropolitan area earns-21.7%below the national average.

BreakdownBased on 40h/week
Hourly

$20.4

Weekly

$815

Monthly

$3,532

Sales and Related Occupations Salary Distribution in Northeast Maine nonmetropolitan area

Career progression in Sales and Related Occupations typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the expected widening gap between starting salaries and those of seasoned professionals signifies substantial earning potential. This progression is fueled by accumulated experience, demonstrated success, and the development of specialized sales skills.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$29,930$14.4
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$31,785$15.3
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$36,170$17.4
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$52,975$25.5
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$61,460$29.5

Detailed Sales and Related Occupations Market Analysis

Relocation Context

Nominal Salary

$42,380

Gross Pay

Real Wage (Purchasing Power)

$42,380

Adjusted for COL (100)

The average annual salary of $42,380 in Northeast Maine nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard, making the region's cost of living a neutral factor in assessing financial well-being.

Job Market Context

5,220

Total Jobs

82.764

Per 1K Jobs

0.96

Location Quotient

Below Average

Northeast Maine nonmetropolitan area has 0.96x the national average concentration of Sales and Related Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.96 for Sales and Related Occupations in Northeast Maine nonmetropolitan area indicates that the concentration of these jobs is very close to the national average. This suggests a balanced job market where the number of sales professionals is neither significantly over- nor under-represented compared to national benchmarks, implying a competitive yet accessible employment landscape.

Nearby Job Markets

Nearby Cities for Sales and Related Occupations

Comparing salaries near Northeast Maine nonmetropolitan area

Hiring Sales and Related Occupationss?

Frequently Asked Questions

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

The median annual salary for a Sales and Related Occupations in Northeast Maine nonmetropolitan area is $42,380. This typically ranges from $29,930 for entry-level positions to $61,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Maine nonmetropolitan area is 21.7% lower than the national median of $54,110.

Is Northeast Maine nonmetropolitan area a lucrative place for Sales and Related Occupationss?

No, not exceptionally lucrative compared to national averages.The average salary of $42,380 is notably lower than the national average of $54,110. However, the cost of living is also at the national average, meaning the purchasing power is comparable.

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

The Cost of Living Index in Northeast Maine nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northeast Maine nonmetropolitan area?

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

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

There are approximately 5,220 individuals employed in Sales and Related Occupations within the Northeast Maine nonmetropolitan area.

How does the concentration of Sales jobs in this area compare to the national average?

The concentration, measured by the Location Quotient, is 0.96, which is very close to the national average of 1.0, indicating a similar level of job prevalence.

What is the significance of the 'Jobs per 1,000 Workers' metric?

The figure of 82.764 jobs per 1,000 workers signifies that for every thousand individuals in the workforce, approximately 83 are employed in Sales and Related Occupations, providing a localized density measure.

How does the cost of living in Northeast Maine nonmetropolitan area affect the salary?

With a Cost of Living Index of 100, the same as the national average, the $42,380 salary offers purchasing power equivalent to the national average, despite being a lower nominal figure.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,220 employees in the Northeast Maine nonmetropolitan area area with a job density of 82.764 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.