SOC 11-3031 · May 2025 · BLS OEWS
Financial Managers — Maryland
Maryland nonmetropolitan area · 4 metro areas compared
The median wage for Financial Managers in Maryland, MD is $119,600 per year, substantially below the national median of $166,570 — a gap of 28.2%.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
The median wage for Financial Managers in Maryland, MD is $119,600 per year, substantially below the national median of $166,570 — a gap of 28.2%. Pay ranges from under $68,540 at the tenth percentile to more than $234,320 at the ninetieth, with the interquartile range running from $79,960 to $164,850.
Employment stands at 610, or 5.4 jobs per thousand held locally. Baltimore leads the state's metro areas for this occupation, at $157,990. Set against every other occupation measured in the same area, it ranks 21st of 353 by median pay.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $68,540 | −58.9% |
| 25th | $79,960 | −52.0% |
| Median (50th) | $119,600 | −28.2% |
| 75th | $164,850 | −1.0% |
| 90th | $234,320 | +40.7% |
| Mean | $133,060 | −20.1% |
Other metro areas in Maryland
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Baltimore | $157,990 | 9,990 | |
| 2 | Lexington Park | $139,100 | 290 | |
| 3 | Hagerstown | $133,590 | 380 | |
| 4 | Salisbury | $127,860 | 310 |
What the pay is worth locally
Prices in Maryland run 5.0% above the national average, so the median of $119,600 buys what $113,905 would elsewhere in the country. Measured that way the gap against the national median narrows to 31.6% below the national median in real terms.
Published median
$119,600as reported by BLSLocal price level
105.0US average = 100 · BEA 2024Adjusted for local prices
$113,905US average = 100 · BEA 2024Key takeaways
- Median pay is $119,600 a year, 28.2% below the national median.
- Published pay spans $68,540 to $234,320 between the tenth and ninetieth percentiles.
- The area has 610 jobs in this occupation.
- The highest-paying metro area covered is Baltimore, at $157,990.
Frequently asked questions
What is the median wage for Financial Managers in Maryland, MD?
The median annual wage is $119,600, or $57.50 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.
Is that higher than the national average?
The national median for this occupation is $166,570, so pay in Maryland, MD is 28.2% lower. These figures are medians, not averages: half of workers fall on each side.
What do the top earners make?
The top tenth of this occupation in Maryland, MD earns more than $234,320 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $68,540 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.
Which area nearby pays the most?
The highest median for this occupation among the metro areas covered is in Baltimore, at $157,990 per year.
How many jobs are there in this occupation here?
The survey estimates 610 jobs in this occupation in Maryland, MD. Self-employed workers are not included.
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.
Explore related data