Financial Managers Salary in Maine
Official Bureau of Labor Statistics Data - May 2024 - ME
Median Annual Salary in Maine
$145,173
$69.79 / hour
▼ 7.0% below national avg
National Median
$156,100
$75.05 / hour nationally
COL-Adjusted Purchasing Power
$130,434
Missouri equivalent (COL: 111.3)
Financial Managers Salary in Maine
| Percentile | Annual Salary |
|---|---|
| 10th (Entry Level) | $76,942 |
| 25th Percentile | $104,525 |
| 50th (Median) | $145,173 |
| 75th Percentile | $200,339 |
| 90th (Top Earners) | $249,698 |
| Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | |
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Cost of Living Adjusted Salary
The Maine median salary of $145,173 for Financial Managers has the purchasing power of approximately $130,434 in Missouri (the COL baseline state with index 100).
Maine's higher cost of living (COL index: 111.3) reduces the real purchasing power of wages compared to lower-cost states.
COL data: MERIC 2024 State Cost of Living Index. Missouri = 100 baseline.
Frequently Asked Questions
How much do Financial Managers make in Maine?
Financial Managers in Maine earn a median annual salary of $145,173 per year ($69.79/hr) according to BLS OEWS data (May 2024). This is below the national median of $156,100.
Is Maine a good state for Financial Managers?
Maine pays slightly below the national average for financial managers. Cost of living in Maine is higher average (COL index: 111.3).
What is the cost-of-living adjusted salary for Financial Managers in Maine?
After adjusting for cost of living (COL index: 111.3 vs. Missouri baseline of 100), the $145,173 salary in Maine has the purchasing power of approximately $130,434 in Missouri. Higher living costs in Maine reduce real purchasing power.
How does Maine compare to neighboring states for Financial Managers salaries?
For detailed comparison across all states, see the full Financial Managers salary page at the national level, which includes a complete 50-state salary table.
Top Paying Jobs in Maine
| # | Job Title | Median Annual |
|---|---|---|
| 1 | Anesthesiologists | $308,946 |
| 2 | Radiologists | $288,226 |
| 3 | Orthopedic Surgeons, Except Pediatric | $284,785 |
| 4 | Neurologists | $274,908 |
| 5 | Surgeons, All Other | $273,904 |
| 6 | Ophthalmologists, Except Pediatric | $252,848 |
| 7 | Psychiatrists | $232,312 |
| 8 | Physicians, Pathologists | $226,846 |
| Source: BLS OEWS May 2024 | ||
About Financial Managers in Maine
Financial Managers work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the management sector of the U.S. economy.
Education Required: Bachelor's degree