Financial Advisor Pay

Portland vs Scarborough: Financial Advisor Salary (2026)

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

Portland, ME
$101,193
$48.65/hr
Scarborough, ME
$103,142
$49.58/hr

Side-by-Side Comparison

MetricPortland, MEScarborough, ME
Median Salary$101,193$103,142
Hourly Rate$48.65$49.58
Entry Level (P10)$58,891$59,822
25th Percentile$67,548$75,618
75th Percentile$187,675$132,022
Top Earner (P90)$662,091$159,870
Total Employed5905
Side-by-side bar chart comparing Portland ($101,193) and Scarborough ($103,142) financial advisor salaries.PortlandScarboroughMedian Salary$101,193$103,142Entry Level (P10)$58,891$59,822Top Earner (P90)$662,091$159,870US Median $108,537

Verdict

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

The salary gap between Portland and Scarborough is $1,949 (1.93%). 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 Portland spans $603,200,Scarborough spans $100,048. Portland has a wider pay range, meaning more potential for high earners but also more variation.

Portland
P10 (Entry)$58,891
P25$67,548
Median$101,193
P75$187,675
P90 (Top)$662,091
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, Scarborough ($103,556 effective) pays 4.24% more than Portland ($99,347 effective).

Portland
Nominal: $101,193
CoL Index: 101.858
Adjusted: $99,347
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 Portland if…

  • Better top-earner potential ($662,091)
  • Larger job market (590 employed)
  • You prefer the Maine area and lifestyle

Choose Scarborough if…

  • Higher median salary ($103,142/year)
  • Better purchasing power (CoL-adjusted: $103,556)
  • You prefer the Maine area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Portland grew -15.5% from 2019 to 2025, compared to 14.2% growth in Scarborough over the same period.

Portland, ME

+-15.5%

$115,990 (2019) → $97,960 (2025)

Scarborough, ME

+14.2%

$87,426 (2024) → $99,847 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Portland or Scarborough?

Scarborough has a higher median financial advisor salary at $103,142/year, compared to Portland at $101,193/year — a difference of $1,949 (1.93%).

What is the hourly rate difference between Portland and Scarborough?

Portland financial advisors earn $48.65/hr while Scarborough hygienists earn $49.58/hr (2026 est.).

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

Consider more than just salary when comparing Portland and Scarborough. Factor in cost of living (CoL-adjusted: Portland = $99,347, Scarborough = $103,556), job availability (590 vs 5 employed), commute, and career growth potential.

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

Entry-level (10th percentile) financial advisors earn $58,891 in Portland 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