Financial Managers Salary in Maryland
SOC 11-3031 · Maryland · BLS OEWS May 2024
The median salary for Financial Managers in Maryland is $157,352 per year ($75.65/hr). This is 2.7% lower than the national median of $161,699. The middle 50% earn between $110,157 and $200,554 annually. Top earners at the 90th percentile reach $258,719.
Wage Percentiles: Maryland
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $39.85 | $82,888 | -4.2% |
| P25 | $52.96 | $110,157 | -6.9% |
| P50MEDIAN | $75.65 | $157,352 | -2.7% |
| P75 | $96.42 | $200,554 | -6.4% |
| P90 | $124.38 | $258,719 | +0.0% |
Market Context Signal
The overall labor market contracted slightly in February: 5.0M separations vs 4.8M hires. Hiring rate hit 3.1%, the lowest since April 2020. The "Great Stay" persists with quits at 1.9% for 8 consecutive months.
Frequently Asked Questions
What is the median financial managers salary in Maryland?
The median (P50) annual salary for Financial Managers in Maryland is approximately $157,352, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 2.7% lower than the national median of $161,699.
What is the salary range for entry-level financial managers in Maryland?
Entry-level Financial Managers (10th percentile) in Maryland earn approximately $82,888 per year. The 25th percentile is $110,157. Top earners (90th percentile) reach $258,719.
How does Maryland compare to the national average for financial managers?
Maryland pays 2.7% lower than the national average. The national P50 is $161,699 vs $157,352 in Maryland. Based on BLS national data adjusted for regional cost factors.
Financial Managers Salary by Location
Other Roles in Maryland
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