Financial Advisor Pay

Bangor vs Scarborough: Financial Advisor Salary (2026)

Compare financial advisor salaries between Bangor, ME and Scarborough, ME. All figures are 2026 estimates projected from BLS 2025 data.

Bangor, ME
$101,131
$48.62/hr
Scarborough, ME
$103,142
$49.58/hr

Side-by-Side Comparison

MetricBangor, MEScarborough, ME
Median Salary$101,131$103,142
Hourly Rate$48.62$49.58
Entry Level (P10)$54,842$59,822
25th Percentile$80,615$75,618
75th Percentile$130,984$132,022
Top Earner (P90)$210,608$159,870
Total Employed805
Side-by-side bar chart comparing Bangor ($101,131) and Scarborough ($103,142) financial advisor salaries.BangorScarboroughMedian Salary$101,131$103,142Entry Level (P10)$54,842$59,822Top Earner (P90)$210,608$159,870US Median $108,537

Verdict

Bangor and Scarborough are closely matched on overall financial advisor compensation, each winning on different metrics.

The salary gap between Bangor and Scarborough is $2,011 (1.99%). Scarborough's median is -4.97% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Bangor spans $155,766,Scarborough spans $100,048. Bangor has a wider pay range, meaning more potential for high earners but also more variation.

Bangor
P10 (Entry)$54,842
P25$80,615
Median$101,131
P75$130,984
P90 (Top)$210,608
Scarborough
P10 (Entry)$59,822
P25$75,618
Median$103,142
P75$132,022
P90 (Top)$159,870

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Bangor ($104,790 effective) pays 1.19% more than Scarborough ($103,556 effective).

Bangor
Nominal: $101,131
CoL Index: 96.508
Adjusted: $104,790
Scarborough
Nominal: $103,142
CoL Index: 99.6
Adjusted: $103,556

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Bangor if…

  • Better top-earner potential ($210,608)
  • Larger job market (80 employed)
  • Better purchasing power (CoL-adjusted: $104,790)
  • You prefer the Maine area and lifestyle

Choose Scarborough if…

  • Higher median salary ($103,142/year)
  • You prefer the Maine area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Bangor grew -24.4% from 2021 to 2025, compared to 14.2% growth in Scarborough over the same period.

Bangor, ME

+-24.4%

$129,500 (2021) → $97,900 (2025)

Scarborough, ME

+14.2%

$87,426 (2024) → $99,847 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Bangor or Scarborough?

Scarborough has a higher median financial advisor salary at $103,142/year, compared to Bangor at $101,131/year — a difference of $2,011 (1.99%).

What is the hourly rate difference between Bangor and Scarborough?

Bangor financial advisors earn $48.62/hr while Scarborough hygienists earn $49.58/hr (2026 est.).

Should I relocate from Bangor to Scarborough as a financial advisor?

Consider more than just salary when comparing Bangor and Scarborough. Factor in cost of living (CoL-adjusted: Bangor = $104,790, Scarborough = $103,556), job availability (80 vs 5 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Bangor vs Scarborough?

Entry-level (10th percentile) financial advisors earn $54,842 in Bangor and $59,822 in Scarborough. The Scarborough area offers higher starting salaries.
JL

Written by Jordan Lee, CFP

Career Analyst

Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov