Median Salary
$87,009
Above National Avg
Hourly Wage
$41.83
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Here is a comprehensive career guide for Accountants considering Westbrook, ME.
The Salary Picture: Where Westbrook Stands
Westbrook, Maine, offers a compelling salary proposition for accountants, particularly given the region's cost structure. While it might not have the sheer volume of opportunities found in Portland, the financial roles here are stable and often come with a better work-life balance compared to larger metro areas.
Let's look at the raw data. The median salary for an accountant in the Westbrook area is $87,009/year. This breaks down to a comfortable $41.83/hour. Compared to the national average of $86,080/year, Westbrook actually edges it out slightly. This is significant because it means your earning power is slightly above the national norm, while your cost of living is also above the national average—but not by a dramatic margin.
The job market isn't overflowing, but it's consistent. There are approximately 40 accountant jobs in the metro area at any given time. Over the last decade, the field has seen a 10% growth rate, indicating a steady, if not explosive, demand for financial expertise.
To understand where you might fit in, here’s a breakdown by experience level. These are estimates based on local market trends and the provided median data.
| Experience Level | Estimated Salary Range | Key Responsibilities |
|---|---|---|
| Entry-Level | $65,000 - $78,000 | Bookkeeping, data entry, assisting with month-end close, basic tax preparation. |
| Mid-Career | $80,000 - $95,000 | Full-cycle accounting, financial reporting, payroll oversight, client management. |
| Senior | $95,000 - $110,000 | Managing teams, strategic financial planning, complex tax strategy, audit coordination. |
| Expert/Controller | $110,000+ | CFO responsibilities, company-wide financial strategy, mergers & acquisitions, board reporting. |
When compared to other Maine cities, Westbrook's position is unique. It acts as a satellite to Portland, offering easier access to that city's opportunities without the premium price tag. Here’s how it stacks up:
| City | Median Salary | Cost of Living Index | Job Market Context |
|---|---|---|---|
| Westbrook | $87,009 | 103.6 | Stable, moderate volume, good work-life balance. |
| Portland | ~$89,500 | 112.5 | High volume, competitive, higher pressure, longer commutes. |
| Bangor | ~$72,000 | 95.0 | Lower salaries, smaller job market, lower cost of living. |
| Augusta | ~$78,000 | 96.8 | Government-heavy roles, stable but limited growth. |
Insider Tip: Don't just look at the job board numbers. Many Westbrook accountants work for Portland-based firms but live in Westbrook to save on housing. The commute on I-95 is straightforward, and many employers offer hybrid schedules, making this a very common arrangement.
📊 Compensation Analysis
📈 Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
Let’s be direct about what an $87,009/year salary means in your daily life. We'll use $41.83/hour as our hourly benchmark for these calculations.
After federal, state (Maine has a progressive income tax), and FICA taxes, your monthly take-home pay will be approximately $5,300 - $5,500, depending on your filing status and deductions. For our breakdown, we'll use $5,400/month as a conservative estimate.
Westbrook's average 1BR rent is $1,139/month. Here’s a realistic monthly budget for a single accountant earning the median salary:
| Category | Monthly Cost | Notes |
|---|---|---|
| Take-Home Pay | $5,400 | After taxes and deductions. |
| Rent (1BR) | $1,139 | Average for Westbrook. |
| Utilities | $150 - $200 | Includes electricity, heat (oil/gas is common), internet, and water. |
| Groceries | $400 - $500 | Slightly higher than national average due to Maine's geography. |
| Auto (Loan/Ins/Gas) | $500 - $700 | Essential. Westbrook has limited public transit. |
| Health Insurance | $200 - $300 | Employer-sponsored plan contribution. |
| Retirement Savings | $435 (10% of gross) | Strongly recommended. |
| Discretionary | $676 - $1,176 | For dining, entertainment, travel, etc. |
Can they afford to buy a home? Yes, but with a significant caveat. The median home price in Westbrook is roughly $350,000. A 20% down payment would be $70,000. With a mortgage, property taxes, and insurance, your monthly housing cost would likely jump to $2,100 - $2,300. This is manageable on an $87,009 salary, but it would require a tighter budget, especially in the first few years. Most local accountants buy homes after several years of saving, often with a partner's income.
Insider Tip: The rental market is competitive but less chaotic than Portland. Start your housing search 60 days out. Look on Facebook Marketplace and local realtor sites for "For Rent By Owner" listings, which can be more reasonably priced than corporate-managed complexes.
💰 Monthly Budget
📋 Snapshot
Where the Jobs Are: Westbrook's Major Employers
The Westbrook job market is anchored by a mix of healthcare, manufacturing, and professional services. You're not likely to find a Fortune 500 headquarters, but you will find stable, long-term employers who value financial acumen.
- Maine Medical Center (MMC) / MaineHealth: Westbrook is a key suburb for Portland's major health system. MMC has back-office operations in Westbrook. They hire accountants, financial analysts, and billing specialists. Hiring is steady, and they offer excellent benefits.
- Idexx Laboratories: A global leader in veterinary diagnostics, Idexx is headquartered just over the line in Westbrook (technically, but it's the city's biggest employer). They have a massive corporate finance division. This is a prime target for accountants seeking a corporate career with growth potential.
- Pine Tree Academy: A private school requiring a dedicated business office manager/accountant. These roles are stable but have a different rhythm, aligning with the school calendar.
- Local CPA Firms: Westbrook has several reputable firms like Rosen & Associates and Baker Newman & Noyes (which has a Portland presence but serves Westbrook clients). These are the classic paths for public accounting, offering fast-paced experience and a clear path to partnership.
- Manufacturing & Industrial Firms: Westbrook has an industrial base. Companies like Honeywell (in nearby South Portland) and various local manufacturers need plant accountants and cost accountants. These roles are technical and highly valued.
- City of Westbrook Government: Municipal accounting is a niche but reliable field. The city’s finance department hires accountants for budgeting, auditing, and payroll. Government jobs offer pensions and exceptional job security.
- Professional Services Firms: Marketing agencies, engineering firms, and architectural practices in the area need in-house controllers or bookkeepers to manage project accounting.
Hiring Trends: There's a notable shift toward hybrid work. Many local employers are now open to 2-3 days remote after an initial onboarding period. There's also a rising demand for accountants with tech skills—specifically, experience with ERP systems (like NetSuite or Sage) and data visualization tools (Power BI, Tableau).
Getting Licensed in ME
If you plan to move up to a managerial or public accounting role, becoming a CPA is essential. Maine's requirements are straightforward but strict.
Requirements (as per the Maine Board of Accountancy):
- Education: 150 semester hours of college credit, including a bachelor's degree and 24 hours in upper-level accounting courses.
- Exam: Pass all four parts of the Uniform CPA Exam.
- Experience: One year (1,800 hours) of qualifying experience under a licensed CPA. This can be in public accounting, private industry, government, or academia.
- Ethics: Pass the AICPA's Professional Ethics Exam.
Costs & Timeline:
- Exam Fees: ~$1,500 (for all four sections, varies by state).
- Education: Costs vary widely. If you need a master's to hit 150 credits, expect $15,000 - $30,000.
- Study Materials: $1,500 - $3,000 (Becker, Roger, etc.).
- Timeline: From starting your review to licensure, expect a 12-24 month journey. Many accountants in Westbrook take the exam while working full-time, which can extend the timeline but allows them to earn a salary while studying.
Insider Tip: The Maine Society of CPAs (MSCPA) is a fantastic resource. They offer study groups, networking events, and a job board. Attending a meeting in Portland before you even move can give you a huge leg up.
Best Neighborhoods for Accountants
Westbrook is manageable and doesn't have wildly disparate neighborhoods. Your choice will come down to commute, lifestyle, and budget.
- Downtown Westbrook: Walkable, with cafes and a growing scene. Close to the highway (I-95) for commuting to Portland or Idexx. Older apartments and some new renovations. Rent Estimate: $1,100 - $1,300.
- Presumpscot Area: More residential, quiet streets. Good for families or those wanting space. A bit further from the highway but still a short drive. Rent Estimate: $1,000 - $1,250.
- Highland Lake: On the western edge of the city. More suburban feel, with larger apartment complexes and proximity to nature trails. A longer commute to Portland but easier access to Gorham and Standish. Rent Estimate: $1,050 - $1,400.
- The "Portland Commuter" Choice - South Portland/Scarborough: While not in Westbrook, many accountants choose to live just south of Portland for a similar commute to Westbrook jobs. The trade-off is higher rent (often $1,300+ for a 1BR) but access to Portland's amenities.
Insider Tip: Rent a place for a year before buying. This lets you experience the commute and discover which part of the community you prefer. The difference between a 10-minute and a 15-minute commute can be significant in terms of daily stress.
The Long Game: Career Growth
The 10% job growth over the decade tells a clear story: the field is expanding, but slowly. To accelerate your career in Westbrook, you need to specialize.
Specialty Premiums:
- Corporate Controller: The highest-paying roles in the area, often at Idexx or other mid-sized firms. Can command $110,000+.
- Tax Specialist (Corporate/Individual): Expertise in Maine tax law and federal regulations is always in demand at CPA firms.
- Cost Accountant: In the manufacturing sector, this is a critical role. It requires understanding production processes and can pay a premium.
Advancement Paths:
- Public Accounting (CPA Firm): Staff Accountant → Senior → Manager → Partner/Director. The path is clear but competitive.
- Corporate Path (In-House): Staff Accountant → Senior Accountant → Accounting Manager → Controller → CFO. This path often requires an MBA for the top spots.
- Government/Non-Profit: These roles offer stability and a pension but slower salary growth. Excellent for work-life balance.
10-Year Outlook: Automation is changing the field. The accountant of 2034 will spend less time on data entry and more on analysis, advising, and strategic planning. Those who adapt to new software and focus on business partnership will thrive. Westbrook's stable employers will retain accountants who can add value beyond the numbers.
The Verdict: Is Westbrook Right for You?
| Pros | Cons |
|---|---|
| Above-average salary relative to cost of living. | Limited job options (only ~40 open at a time). |
| Excellent work-life balance and less corporate stress. | Car-dependent city; public transit is minimal. |
| Strategic location—easy access to Portland without the rent. | Smaller professional network than in Portland or Boston. |
| Stable employer base in healthcare and professional services. | Four-season weather can be challenging for some. |
| Friendly, tight-knit community that feels like a true hometown. | Fewer "big firm" opportunities for rapid career leaps. |
Final Recommendation:
Westbrook is an ideal choice for accountants in the mid-career stage who value stability, a manageable commute, and quality of life over the hustle of a major metro. It's perfect for someone who wants to buy a home, enjoy the outdoors, and be part of a community, all while earning a solid salary. It's less ideal for a fresh graduate seeking to join a fast-paced, high-growth startup environment immediately after college.
If you're a CPA or soon-to-be one, Westbrook offers a great base to build a career in public accounting or corporate finance, with the bonus of a lower stress lifestyle.
FAQs
1. How long does it take to commute from Westbrook to Portland during rush hour?
A direct drive on I-95 South is typically 15-20 minutes. The key is timing. Leaving Westbrook at 7:45 AM can sometimes mean a 25-minute trip. The reverse commute (Portland to Westbrook) is usually faster.
2. What's the dating/social scene like for a young professional accountant?
While Westbrook is quieter, it's 10 minutes from Portland, which has a vibrant restaurant, brewery, and cultural scene. Most young professionals socialize in Portland but come home to Westbrook's affordability. The local scene is more about community events, hiking groups, and casual meetups.
3. Do I absolutely need a car in Westbrook?
Yes. Walking to a grocery store or office is possible in a few specific areas, but for any practical daily life, a car is non-negotiable. The city is designed for cars, and the weather makes walking or biking challenging for much of the year.
4. How competitive is the job market for a CPA with 5 years of experience?
It's competitive but not cutthroat. With 5 years of experience and a CPA license, you are a highly desirable candidate. The key is applying directly to employers (like Idexx, MMC) and using the MSCPA network, not just relying on online job boards. You will likely get interviews, but the process may take longer than in a larger city.
5. Is there a significant salary bump for having a CPA in Westbrook?
Yes. While the median salary for all accountants is $87,009, a licensed CPA with 5+ years of experience can realistically command $95,000 - $110,000 in the Westbrook market, especially in public accounting or senior corporate roles. The license is a direct investment in your earning power here.
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