The annual salary statistics of financial managers in Portland-South Portland-Biddeford, Maine is shown in Table 1. The wage statistics of financial managers in Portland-South Portland-Biddeford is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $68,770 |
| 25th Percentile Wage | $84,020 |
| 50th Percentile Wage | $119,090 |
| 75th Percentile Wage | $157,000 |
| 90th Percentile Wage | $202,820 |
Table 1 shows the average annual salary for financial managers in Portland-South Portland-Biddeford, Maine in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $202,820. The median (50th percentile) annual salary is $119,090. The average annual salary for the bottom 10 percent earners is $68,770.
The table and chart below show the trend of the median salary of financial managers from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $119,090 | -2.89% | 31.56% |
| 2018 | $122,530 | 6.82% | - |
| 2017 | $114,170 | 8.25% | - |
| 2016 | $104,750 | 9.75% | - |
| 2015 | $94,540 | 5.25% | - |
| 2014 | $89,580 | 4.53% | - |
| 2013 | $85,520 | 4.70% | - |
| 2012 | $81,500 | - | - |
From Table 3 we note that with a median annual salary of $119,090, Portland-South Portland-Biddeford is the highest paying city for financial managers in state of Maine, followed by Lewiston-Auburn (median annual salary $103,930). In comparison, the median annual salary of financial managers in Portland-South Portland-Biddeford is 12.7 percent (12.7%) higher than that in Lewiston-Auburn.
| Cities/Areas | Median Annual Salary |
|---|---|
| Portland-South Portland-Biddeford | |
| Lewiston-Auburn | |
| Bangor | |
| Southwest Maine nonmetropolitan area | |
| Northeast Maine nonmetropolitan area |