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Financial Managers Salary in Maryland

What Financial Managers earn in Maryland, labor market by labor market, and what is left after taxes and living costs in 12 counties.

Average in MD
$172,830
local median wages, weighted
Rank among states
10 of 23
published states
Workers in state
56,530
BLS employment estimate
Wage areas
3
12 counties

Pay by labor market in Maryland

Financial Managers pay by wage area in Maryland
Wage areaMedian wageTake-home payMargin per yearLargest county
Washington-Arlington-Alexandria, DC-VA-MD-WV$185,270$129,258$95,315Montgomery County, MD
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD$166,920$117,157$90,965Cecil County, MD
Baltimore-Columbia-Towson, MD$157,990$111,544$84,549Baltimore County, MD

Counties ranked by what is left after the basics

Financial Managers in Maryland counties, by yearly margin
#CountyMedian wageTake-home payMargin per year
1Montgomery County, MD$185,270$129,258$95,315
2Prince George's County, MD$185,270$129,258$95,315
3Frederick County, MD$185,270$129,258$95,315
4Charles County, MD$185,270$129,258$95,315
5Cecil County, MD$166,920$117,157$90,965
6Baltimore County, MD$157,990$111,544$84,549
7Anne Arundel County, MD$157,990$111,544$84,549
8Baltimore city, MD$157,990$111,544$84,549
9Howard County, MD$157,990$111,544$84,549
10Harford County, MD$157,990$111,544$84,549
11Carroll County, MD$157,990$111,544$84,549
12Queen Anne's County, MD$157,990$111,544$84,549

Financial Managers pay in Maryland

The employment-weighted average of local median wages for Financial Managers in Maryland is $172,830, based on 56,530 workers. Among the 23 states with published data, that ranks number 10. The BLS national median for the occupation is $166,570, so Maryland averages 3.8% above it.

Inside Maryland, pay depends on the labor market. The highest local median is $185,270 in the Washington-Arlington-Alexandria, DC-VA-MD-WV area and the lowest is $157,990 in Baltimore-Columbia-Towson, MD, a difference of $27,280 across 3 wage areas.

Cost of living for Financial Managers in Maryland

We compare 12 Maryland counties after federal, Social Security, Medicare and state taxes and the four basics: a one-bedroom rental, food, home energy and gasoline. Montgomery County, MD leaves the largest yearly margin, $95,315. Queen Anne's County, MD leaves the smallest, $84,549. The median wage covers all four basics in 12 of the 12 counties.

Financial Managers in other states

The states with the highest average local median wages for Financial Managers are New York ($213,114), New Jersey ($210,073), New Hampshire ($201,729) and Massachusetts ($199,757).

Frequently asked questions: Financial Managers in Maryland

How much do Financial Managers earn in Maryland?

The employment-weighted average of local median wages is $172,830, from $157,990 to $185,270 depending on the labor market.

Which Maryland county is best for Financial Managers?

Montgomery County, MD leaves the largest yearly margin after taxes and the four basics ($95,315). Prince George's County, MD follows at $95,315.