Business & Finance Maine (ME) Rank #21 of 50

Economist Salary in Maine

The median economist salary in Maine is $111,661 per year, which is 2% below the national median of $113,940.

Median Salary

$111,661

vs National

$-2,279

State Rank

#21 of 50

Cost of Living

98%

Economist Salary in Maine by Experience

In Maine, an entry-level economist earns around $63,700, while experienced professionals earn up to $181,300 per year. The cost of living index in Maine is 98% of the national average.

Entry Level (0-2 yrs)

$63,700

$-1,300 vs national

Mid Level (3-7 yrs)

$112,700

$-2,300 vs national

Senior Level (8+ yrs)

$181,300

$-3,700 vs national

Salary Percentiles in Maine

Percentile	ME Salary	National	Difference
10th Percentile	$60,760	$62,000	$-1,240
25th Percentile	$80,360	$82,000	$-1,640
Median (50th)	$111,661	$113,940	$-2,279
75th Percentile	$151,900	$155,000	$-3,100
90th Percentile	$194,040	$198,000	$-3,960

Economist Salary by City in Maine

The largest employment areas for economists in Maine include Portland, Lewiston, Bangor, and South Portland. Salaries vary by city based on local cost of living and demand.

Portland, ME

$123,055

Pop. 68,408 · COL 108%

Lewiston, ME

$102,546

Pop. 37,121 · COL 90%

Bangor, ME

$104,825

Pop. 32,029 · COL 92%

South Portland, ME

$119,637

Pop. 25,665 · COL 105%

Auburn, ME

$101,407

Pop. 23,926 · COL 89%

How to Become a Economist in Maine

Education

Most economist positions require a master's degree. Maine has several accredited institutions offering relevant programs.

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook in Maine

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Maine's demand may vary based on local industry trends.