Financial Manager Salary in Maryland
Financial Managers in Maryland earn an average of $167,228 per year across 1 metro area. This is +0.7% higher than the national average.
Average Salary
$167,228
per year
Hourly Rate
$80.40
per hour
vs National
+0.7%
$166,050 national
Salary Range
$106,924
to $249,584
Cost of Living Adjusted Salary
Nominal Salary
$167,228
Cost of Living Index
120
100 = national average
Adjusted Salary
$139,357
purchasing power equivalent
After adjusting for Maryland's cost of living (above average), a Financial Manager's salary of $167,228 has the purchasing power of $139,357 in an average-cost area.
Financial Manager Salary by City in Maryland
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Baltimore, MD | $167,228 | $80.40/hr | $106,924 | $249,584 | 553 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
Maryland vs National Average
Financial Manager Salary Comparison
Employment in Maryland
There are approximately 553 Financial Managers employed across 1 metro area in Maryland.
Key Industries: Federal Government, Biotechnology, Cybersecurity
State Income Tax: 2% - 5.75%
Financial Manager Salary Range in Maryland
Entry Level (10th Percentile)
$106,924
Starting salary for new Financial Managers
Median (50th Percentile)
$167,228
Mid-career Financial Manager salary
Senior (90th Percentile)
$249,584
Top earners in the field
Related Occupations in Maryland
Financial Analyst
$102,035
avg in MD
-$65,193 vs Financial Manager
Management Analyst
$101,979
avg in MD
-$65,249 vs Financial Manager
Accountant
$82,680
avg in MD
-$84,548 vs Financial Manager
Market Research Analyst
$77,517
avg in MD
-$89,711 vs Financial Manager
Human Resources Specialist
$69,245
avg in MD
-$97,983 vs Financial Manager
Financial Manager Salary in Neighboring States
Compare Financial Manager salaries in Maryland with nearby states to find the best opportunities.
More Maryland Data
Frequently Asked Questions
What is the average Financial Manager salary in Maryland?
The average Financial Manager salary in Maryland is $167,228 per year ($80.40/hour) based on 2026 data across 1 metro areas. This is 0.7% above the national average of $166,050.
What is the highest paying city for Financial Managers in Maryland?
Baltimore, MD is the highest paying city for Financial Managers in Maryland, with a median salary of $167,228 per year.
What is the salary range for Financial Managers in Maryland?
Financial Manager salaries in Maryland range from $106,924 (entry-level, 10th percentile) to $249,584 (experienced, 90th percentile). The median salary is $167,228 per year.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Maryland. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.