Financial Managers Pay Range in Maryland
Pay distribution across experience levels
- 10th Percentile — Entry Level$84,030
- 25th Percentile — Junior$117,640
- 50th Percentile — Median$158,750
- 75th Percentile — Senior$209,550
- 90th Percentile — Top Earners$290,190
Half of Financial Managers in Maryland earn more than $158,750. The top 10% make $290,190 or more, while entry-level workers start around $84,030.
Financial Managers in Maryland: Key Facts
Source: BLS OEWS May 2025
- Maryland ranks 20th of 51 states for Financial Managers pay, at $170,350 per year (8.9% below the U.S. average of $186,910).
- 19,770 people work as Financial Managers in Maryland — 2.3% of all U.S. Financial Managers jobs.
- Location quotient 1.32: Financial Managers jobs are more concentrated in Maryland than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $84,030; the top 10% earn over $290,190.
- Hourly equivalent: $81.9 per hour (2,080 hours/year).
- The highest-paying state is New York at $246,560.
- Among management jobs in Maryland, Chief Executives pays the most ($299,580).
Financial Managers Job Market in Maryland
Key factors affecting compensation
Maryland's key industries are Government, Healthcare, Technology, and its job market is rated strong. Financial Managers here earn $170,350 on average, placing the state 20th nationally.
With a cost-of-living index of 1.15 (U.S. = 1.00), a Maryland salary of $170,350 is roughly equivalent to $148,130 at the national average cost of living.
Compared with nearby states in the pay ranking, Minnesota ($176,560), Oregon ($173,790), South Dakota ($172,430) are the closest alternatives for Financial Managers weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Management Jobs in Maryland
Related career salary benchmarks
- Chief Executives $299,580/yr Maryland +75.9% vs this role
- Natural Sciences Managers $180,280/yr Maryland +5.8% vs this role
- Computer and Information Systems Managers $176,850/yr Maryland +3.8% vs this role
- Architectural and Engineering Managers $175,740/yr Maryland +3.2% vs this role
- Public Relations Managers $166,120/yr Maryland 2.5% vs this role
- Marketing Managers $160,240/yr Maryland 5.9% vs this role
- Purchasing Managers $157,990/yr Maryland 7.3% vs this role
- Sales Managers $152,450/yr Maryland 10.5% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Financial Managers salary in Maryland?
The average Financial Managers salary in Maryland is $170,350 per year (median $158,750), which is 8.9% below the national average of $186,910.
How does Maryland rank for Financial Managers pay?
Maryland ranks 20th out of 51 states. The highest-paying state is New York ($246,560/yr).
How much do entry-level Financial Managers make in Maryland?
The lowest-paid 10% of Financial Managers in Maryland earn about $84,030 per year and the 25th percentile is $117,640.
How much do Financial Managers make per hour in Maryland?
About $81.9 per hour, based on the $170,350 annual average and 2,080 working hours per year.
How many Financial Managers work in Maryland?
BLS counts 19,770 Financial Managers jobs in Maryland (OEWS May 2025).
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