Business & Finance Bangor, ME Pop. 32,029

Economist Salary in Bangor, Maine

The median economist salary in Bangor, ME is $104,825 per year, which is 8% below the national median and 6.1% below the Maine state average.

City Median
$104,825
vs State Avg
$-6,836
vs National
$-9,115
Cost of Living
92%

Economist Pay in Bangor: What to Expect (2026)

Bangor offers a median economist salary of $104,825, which is $6,836 below the Maine state average of $111,661. Compared to the national median of $113,940, Bangor pays below the national benchmark for this role.

Bangor's cost of living is 92% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for economists in Bangor spans from $57,040 at the 10th percentile to $182,160 at the 90th percentile — a $125,120 spread. Entry-level professionals start around $59,800, while senior economists with 8+ years of experience can earn up to $170,200. Bangor is a smaller market (pop. 32,029), which may mean fewer openings but also less competition for available positions.

Economist Salary in Bangor by Experience

In Bangor, an entry-level economist earns around $59,800, while experienced professionals earn up to $170,200 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$59,800
$-5,200 vs national
Mid Level (3-7 yrs)
$105,800
$-9,200 vs national
Senior Level (8+ yrs)
$170,200
$-14,800 vs national

Salary Percentiles in Bangor, ME

Percentile Bangor
10th Percentile $57,040
25th Percentile $75,440
Median (50th) $104,825
75th Percentile $142,600
90th Percentile $182,160

Economist Salary in Other Maine Cities

How to Become a Economist in Bangor

Education

Most economist positions require a master's degree. Bangor and the surrounding Maine area have institutions offering relevant programs.

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Demand in Bangor may vary based on local industry and population growth.

Find Economist Jobs in Bangor

Browse open economist positions in Bangor, ME:

Frequently Asked Questions: Economist Salary in Bangor

How much does a Economist make in Bangor, ME? ▼
The median economist salary in Bangor, Maine is $104,825 per year, which is 8% below the national median of $113,940. Salaries range from $57,040 (10th percentile) to $182,160 (90th percentile).
How much does a Economist make per hour in Bangor? ▼
Based on the median annual salary of $104,825, a economist in Bangor earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Bangor compare to the Maine state average for economist pay? ▼
Bangor's median economist salary of $104,825 is 6.1% below the Maine state average of $111,661. The local cost of living index is 92% of the national average.
What is the cost of living in Bangor, ME? ▼
Bangor has a cost of living index of 92% compared to the national average. This means a economist salary of $104,825 in Bangor has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Bangor? ▼
Most economist positions in Bangor require a master's degree. Key skills include Econometrics, Statistical Analysis, R/Python, Economic Modeling. The job market is projected to grow 6% nationally over the next decade.