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Average Veterinarians Salary in Portland-South Portland, ME

Veterinarians in Portland-South Portland, ME, earn an average annual salary of $134,400. This figure is slightly below the national average of $140,740, suggesting a localized market dynamic influencing compensation. Factors such as the specific demand within the region and the cost of doing business likely contribute to this pay scale.

Executive Summary

  • Average Salary: $134,400 per year.
  • Growth Trend: Salaries have shifted 22.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $203,290.
  • Outlook: The Portland-South Portland, ME, market for Veterinarians appears robust, indicated by a Location Quotient of 1.88, significantly exceeding the national average. This suggests a higher concentration of veterinary professionals relative to the national distribution, implying strong local demand for these services and a potentially stable job market for qualified individuals.
2024 Market Data

Salary Overview

$134,400

The average Veterinarians in Portland-South Portland, ME earns-4.5%below the national average.

BreakdownBased on 40h/week
Hourly

$64.6

Weekly

$2,585

Monthly

$11,200

Veterinarians Salary Distribution in Portland-South Portland, ME

Salary progression for Veterinarians in Portland-South Portland, ME, typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies significant career advancement opportunities and earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$103,710$49.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$100,800$48.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$124,380$59.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$168,000$80.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$203,290$97.7

Detailed Veterinarians Market Analysis

Relocation Context

Nominal Salary

$134,400

Gross Pay

Real Wage (Purchasing Power)

$134,400

Adjusted for COL (100)

The average annual salary of $134,400 in Portland-South Portland, ME, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, providing a stable financial foundation for residents.

Job Market Context

280

Total Jobs

0.985

Per 1K Jobs

1.88

Location Quotient

Major Hub

Portland-South Portland, ME has 1.9x the national concentration of Veterinarians jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 1.88, Portland-South Portland, ME, exhibits a notably higher concentration of Veterinarians compared to the national average. This indicates a strong demand for veterinary services in the area, making it a potentially competitive yet rewarding market for professionals in this field.

Nearby Job Markets

Nearby Cities for Veterinarians

Comparing salaries near Portland-South Portland, ME

Hiring Veterinarianss?

Frequently Asked Questions

How much does a Veterinarians make in Portland-South Portland, ME?

The median annual salary for a Veterinarians in Portland-South Portland, ME is $134,400. This typically ranges from $103,710 for entry-level positions to $203,290 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Portland-South Portland, ME is 4.5% lower than the national median of $140,740.

Is Portland-South Portland, ME a lucrative place for Veterinarians?

Yes, it offers competitive compensation relative to its cost of living.Veterinarians in Portland-South Portland, ME, earn $134,400 annually, which aligns with the national average cost of living. The high concentration of veterinary professionals (LQ of 1.88) also points to robust local demand.

Is Portland-South Portland, ME a good place to live for Veterinarians?

The Cost of Living Index in Portland-South Portland, ME is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Portland-South Portland, ME?

Some top paying nearby cities include Central New Hampshire nonmetropolitan area ($128,660) and Northern New Hampshire nonmetropolitan area.

How does the Portland-South Portland, ME Veterinarian salary compare to the national average?

The average annual salary for Veterinarians in Portland-South Portland, ME, is $134,400, which is slightly lower than the national average of $140,740.

What is the concentration of Veterinarians in Portland-South Portland, ME?

The concentration of Veterinarians in Portland-South Portland, ME, is significantly higher than the national average, with a Location Quotient of 1.88.

What does the Cost of Living Index mean for Veterinarians in Portland-South Portland, ME?

A Cost of Living Index of 100 means that the cost of living in Portland-South Portland, ME, is exactly the same as the national average, making the $134,400 salary have average purchasing power.

How many Veterinarians are employed in Portland-South Portland, ME?

There are approximately 280 Veterinarians employed in the Portland-South Portland, ME, area, representing 0.985 jobs per 1,000 workers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Portland-South Portland, ME area with a job density of 0.985 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.