Financial Managers pay range in Baltimore
New workers and the lowest-paid 10% earn about $86,240 a year or less, while the top 10% make $293,390 or more. The middle half of financial managers in Baltimore earn between $112,990 and $212,160.
- $86K10th
- $113K25th
- $158KMedian
- $212K75th
- $293K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $170,830 | $14,236 | $82.13 |
| Median | $157,990 | $13,166 | $75.96 |
| Entry level (25th percentile) | $112,990 | $9,416 | $54.32 |
| Experienced (75th percentile) | $212,160 | $17,680 | $102.00 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Financial Managers pay in Baltimore vs. Maryland and the U.S.
Financial managers in Baltimore earn about the same as the Maryland average ($170,350) and 9% less than the U.S. average ($186,910). At the median the gap is -5% against the U.S. median of $166,570.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Baltimore | $170,830 | $157,990 | $86,240 | $293,390 | 9,990 |
| Maryland | $170,350 | $158,750 | $84,030 | $290,190 | 19,770 |
| United States | $186,910 | $166,570 | $94,310 | $323,270 | 841,710 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Financial Managers salary after taxes in Baltimore
On the average salary of $170,830, a single filer in Baltimore takes home about $119,807 a year, or $9,984 a month and $4,608 every two weeks. Taxes take 30% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Maryland's county income tax (2.25%–3.30%, charged in every county) is not included, so real take-home pay is lower.
Is Baltimore a good place for financial managers? Pay vs. cost of living
Prices in the Baltimore area are 4% above the U.S. average (BEA price parity 104.5), so the average $170,830 buys what about $163,494 would buy in a typical U.S. metro. This job pays 2.7 times the median wage of all jobs in Baltimore ($59,070). A typical home costs $405,877, or 2.4 years of this average salary before tax.
Financial Managers salary in other Maryland cities
Baltimore ranks 1st of 4 Maryland metro areas for this job, the best-paid in the state.
- Baltimore$170,830
- Lexington Park$151,150
- Hagerstown$143,140
- Salisbury$142,890
Highest-paying cities for financial managers
San Jose, CA pays this job the most of the metro areas we cover ($273,690).
- San Jose, CA$273,690
- New York, NY$250,570
- San Francisco, CA$244,930
- Bridgeport, CT$225,000
- Boston, MA$221,800
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Financial Managers salary in Baltimore: questions
How much do financial managers make an hour in Baltimore?
$82.13 an hour on average, and $75.96 at the median (BLS, May 2025).
What is the entry-level financial managers salary in Baltimore?
The lowest-paid 10% earn about $86,240 a year and the 25th percentile is $112,990, a fair guide to starting pay.
What is the financial managers take-home pay in Baltimore?
About $119,807 a year ($9,984 a month) for a single filer on the average salary of $170,830. Maryland's county income tax (2.25%–3.30%, charged in every county) is not included, so real take-home pay is lower.
Do financial managers earn more in Baltimore than elsewhere?
The average here is 9% less than the U.S. average for this job ($186,910).
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; area Baltimore-Columbia-Towson, MD (12580). Relative standard error of the mean wage: 1.5%.
- 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.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Maryland's county income tax (2.25%–3.30%, charged in every county) is not included, so real take-home pay is lower.
- Job concentration: location quotient 1.36, this job is 1.4 times as concentrated as in the U.S. overall.
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