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Average Sales Managers Salary in Maine

Sales Managers in Maine earn an average annual salary of $132,590, which is notably below the national average of $161,040. This difference can be attributed to a variety of factors, including the specific industry demands within the state, the overall economic landscape, and the unique cost of living that influences compensation packages.

Executive Summary

  • Average Salary: $132,590 per year.
  • Growth Trend: Salaries have shifted 13.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $223,460.
  • Outlook: With a local workforce of 2,030 Sales Managers, Maine presents a moderately sized market for these professionals. The Location Quotient of 0.82 suggests a slightly lower concentration of these roles compared to the national average, indicating a stable but not overly saturated job market. The presence of 3.202 jobs per 1,000 workers signifies consistent demand for skilled sales leadership.
2024 Market Data

Salary Overview

$132,590

The average Sales Managers in Maine earns-17.7%below the national average.

BreakdownBased on 40h/week
Hourly

$63.8

Weekly

$2,550

Monthly

$11,049

Sales Managers Salary Distribution in Maine

Salary progression for Sales Managers in Maine typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior roles with extensive experience and proven track records command salaries in the higher percentiles. The widening gap between these percentiles clearly signifies the substantial career progression and earning potential available within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$59,640$28.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$99,443$47.8
ManagerOversees team, compliance, and project delivery.50% (Median)$106,340$51.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$165,738$79.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$223,460$107.4

Detailed Sales Managers Market Analysis

Relocation Context

Nominal Salary

$132,590

Gross Pay

Real Wage (Purchasing Power)

$118,915

Adjusted for COL (111.5)

The average annual salary of $132,590 in Maine needs to be viewed in the context of 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 appears lower than the national average, the purchasing power might be somewhat closer when adjusted for local expenses. However, the higher cost of living does mean that the take-home pay may not stretch as far as in more affordable regions.

Job Market Context

2,030

Total Jobs

3.202

Per 1K Jobs

0.82

Location Quotient

Below Average

Maine has 0.82x the national average concentration of Sales Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

Maine's Location Quotient of 0.82 indicates that Sales Manager roles are slightly less concentrated in the state compared to the national average. This suggests that while the profession is present and in demand, the market may be less competitive than in major metropolitan hubs, potentially offering unique opportunities for skilled professionals to establish themselves and advance their careers.

Nearby Job Markets

Nearby Cities for Sales Managers

Comparing salaries near Maine

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Frequently Asked Questions

How much does a Sales Managers make in Maine?

The median annual salary for a Sales Managers in Maine is $132,590. This typically ranges from $59,640 for entry-level positions to $223,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Maine is 17.7% lower than the national median of $161,040.

Is Maine a lucrative place for Sales Managers?

No, not exceptionally lucrative compared to the national average.While the average salary of $132,590 is substantial, it falls below the national average of $161,040. The higher cost of living further tempers the perceived lucrativeness of the role in Maine.

Is Maine a good place to live for Sales Managers?

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 ($120,170) and Lewiston-Auburn, ME.

What is the average salary for a Sales Manager in Maine?

The average annual salary for a Sales Manager in Maine is $132,590.

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

Maine's average salary of $132,590 is approximately 17.7% lower than the national average of $161,040.

What is the cost of living in Maine relative to the national average?

Maine has a Cost of Living Index of 111.5, meaning it is 11.5% more expensive to live there than the national average (which is indexed at 100).

Is the job market for Sales Managers strong in Maine?

The market is moderately sized with a stable demand, indicated by 3.202 jobs per 1,000 workers and a Location Quotient of 0.82, suggesting a healthy but not overly saturated environment.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,030 employees in the Maine area with a job density of 3.202 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.