Financial Manager salary in Maryland
Financial Managers in Maryland earn a median of $158,750 a year ($76.32 an hour), based on BLS data for 19,770 workers.
Pay ranges from $84,030 for the lowest-paid 10% to $290,190 for the top 10%. That is 5% lower than the national median of $166,570. Maryland ranks 19th of 51 states for financial managers pay. There are 7.2 financial managers per 1,000 jobs here — the job is 1.3× more common than nationally. The average (mean) salary is $170,350, above the median because a few high earners pull it up.
Pay range for financial managers in Maryland
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $84,030 | $40.40 |
| 25th percentile | $117,640 | $56.56 |
| Median | $158,750 | $76.32 |
| 75th percentile | $209,550 | $100.75 |
| 90th percentile (top earners) | $290,190 | $139.51 |
| Average (mean) | $170,350 | $81.90 |
Half of financial managers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $13,229.17 |
| Semi-monthly (24 a year) | $6,614.58 |
| Biweekly (26 a year) | $6,105.77 |
| Weekly | $3,052.88 |
| Hourly | $76.32 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Financial Manager salary in cities in Maryland
| Metro area | Median salary | Workers |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $185,270 | 26,430 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $166,920 | 18,520 |
| Baltimore-Columbia-Towson, MD | $157,990 | 9,990 |
| Lexington Park, MD | $139,100 | 290 |
| Hagerstown-Martinsburg, MD-WV | $133,590 | 380 |
| Salisbury, MD | $127,860 | 310 |
Highest-paying states for financial managers
| State | Median salary |
|---|---|
| New York | $219,880 |
| Massachusetts | $206,760 |
| New Jersey | $199,110 |
| District of Columbia | $188,880 |
| Virginia | $185,220 |
| Colorado | $182,690 |
| Delaware | $181,580 |
| California | $180,770 |
| Washington | $174,840 |
| Connecticut | $174,830 |
Related jobs in Maryland
| Job | Median salary | Hourly |
|---|---|---|
| Computer and Information Systems Managers | $171,490 | $82.45 |
| Facilities Manager | $97,700 | $46.97 |
| Administrative Services Manager | $115,550 | $55.55 |
| Human Resources Manager | $152,770 | $73.45 |
| Transportation, Storage, and Distribution Managers | $105,180 | $50.57 |
| Industrial Production Manager | $132,540 | $63.72 |
| Purchasing Manager | $161,470 | $77.63 |
| Training and Development Managers | $121,920 | $58.62 |
| Compensation and Benefits Managers | $139,860 | $67.24 |
| General and Operations Managers | $117,930 | $56.70 |
| Managers, All Other | $159,040 | $76.46 |
| Medical and Health Services Managers | $131,810 | $63.37 |
| Education Administrators, Kindergarten through Secondary | $131,510 | — |
| Marketing Manager | $154,160 | $74.11 |
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 11-3031. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a financial manager make in Maryland?
The median salary for financial managers in Maryland is $158,750 a year, or $76.32 an hour. Pay ranges from $84,030 for the lowest-paid 10% to $290,190 for the top 10%.
How much do the highest-paid financial managers make in Maryland?
The top 10% of financial managers in Maryland earn at least $290,190 a year. The top 25% earn $209,550 or more.
What is the starting pay for financial managers in Maryland?
Entry-level pay (the 10th percentile) is about $84,030 a year, and a quarter of financial managers earn $117,640 or less.
How many financial managers work in Maryland?
About 19,770 financial managers are employed in Maryland, not counting the self-employed.