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Job Salary Guide ยท 2026

Economist Salary After Tax in Bangor

Based on BLS OEWS data ยท ME ยท Single filer

Rent: ComfortableCOL Index: 0.93

Economist Salary Range

25th Percentile

$88,000

Take-home:

$64,496

$5,375/mo

Entry to mid-level

Median

$116,000

Take-home:

$82,192

$6,849/mo

Typical salary

75th Percentile

$152,000

Take-home:

$104,271

$8,689/mo

Senior / specialist

Tax Breakdown

At median salary of $116,000

Gross Salary$116,000
Federal Tax(14.8%)โ€“$17,134
ME State Taxโ€“$7,800
Social Securityโ€“$7,192
Medicareโ€“$1,682
Annual Take-Home$82,192
$6,849Monthly
$3,161Bi-Weekly
29.14%Effective Rate

Cost of Living in Bangor

Rent-to-income ratio (1BR)16.1% โ€” Comfortable

1BR Monthly Rent

$1,100/mo

2BR Monthly Rent

$1,380/mo

COL Index

0.93

Comfortable Rent Max

$1,712/mo

50 / 30 / 20 Budget Planner

Based on your monthly take-home of $6,849 ($82,188/yr)

Needs 50%Wants 30%Savings 20%
Needs50%

$3,425

per month

  • โ€บRent / mortgage
  • โ€บGroceries
  • โ€บUtilities
  • โ€บInsurance
  • โ€บMinimum debt payments
  • โ€บTransportation
Wants30%

$2,055

per month

  • โ€บDining out
  • โ€บStreaming services
  • โ€บGym
  • โ€บHobbies
  • โ€บTravel
  • โ€บShopping
Savings20%

$1,370

per month

  • โ€บEmergency fund
  • โ€บ401(k) / IRA
  • โ€บInvestments
  • โ€บDown payment fund
  • โ€บDebt payoff (extra)

Needs / year

$41,094

Wants / year

$24,656

Savings / year

$16,438

Frequently Asked Questions

What is the average Economist salary in Bangor?

The median Economist salary in Bangor (ME) is $116,000 per year based on BLS OEWS data. The 25th percentile is $88,000 and the 75th percentile is $152,000.

What is the take-home pay for a Economist in Bangor?

At the median salary of $116,000, a Economist in ME takes home approximately $82,192 per year ($6,849/month) after federal and state taxes. The effective tax rate is 29.14%.

Can a Economist afford rent in Bangor?

The average 1-bedroom rent in Bangor is $1,100/month. On the median Economist salary, your rent-to-income ratio is 16.1%, which is "Comfortable". Financial experts recommend keeping rent below 25โ€“30% of take-home pay ($1,712/month at this salary).

How does cost of living affect Economist salaries in Bangor?

Bangor has a cost-of-living index of 0.93 (1.00 = national average). Bangor is 7% cheaper than the US average, so the Economist salary goes further here than in high-cost metros.