Financial Managers Salary in Maryland

Financial managers in Maryland earn the most in Baltimore (average $170,830 a year) and the least in Salisbury ($142,890), across the 4 Maryland metro areas we cover. Statewide, BLS puts the financial managers average at $170,350 and the median at $158,750 for 19,770 workers. The U.S. average for this job is $186,910.

Financial Managers average salary by city in Maryland

Baltimore$170,830
Lexington Park$151,150
Hagerstown$143,140
Salisbury$142,890

Pay, take-home pay and cost of living

City	Average	Median	25th pct.	Take-home*	Cost of living
Baltimore	$170,830	$157,990	$112,990	$119,807	104
Lexington Park	$151,150	$139,100	$104,640	$107,433	101
Hagerstown	$143,140	$133,590	$95,740	$102,378	94
Salisbury	$142,890	$127,860	$91,860	$102,220	96

*Average salary after federal and state taxes for a single filer; Maryland's county income tax (2.25%–3.30%, charged in every county) is not included, so real take-home pay is lower. Cost of living: BEA price parity, U.S. = 100.

Financial Managers salary in other states

Financial Managers salary by city and state

More about pay in Maryland

Sources and how to read this page

Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 11-3031.
U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.

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