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Financial Analysts in Maryland

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Financial Analysts in Maryland

Is Maryland a good place for you to work as a Financial Analyst?

7.9% Jobs Projection
$81,300 Median Salary
590 Job Openings

You’re in luck! Jobs for Financial Analysts in Maryland are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Financial Analysts in Maryland is growing faster than average.

  • Financial Analysts in Maryland earn higher salaries than the typical U.S. wage earner.

How Many Financial Analysts Work in Maryland?

5,640 people worked as Financial Analysts in 2018 in this state.

There were 6,260 Financial Analysts employed in this state in 2017.

That’s a decline of 620 jobs between 2017 and 2018.

Financial Analysts in MD Employment Trend

The typical state has 2,900 Financial Analysts working in it, which means Maryland has more Financial Analysts than average.

Financial Analysts in MD vs. the Average State

Job Projections for Maryland

Jobs for Financial Analysts in this state are growing at a rate of 7.9% which is slower than the nationwide estimated projection of 10.8%.

Job Projections for Financial Analysts: Nation vs. MD

Maryland Annual Job Openings

The BLS estimates there will be 590 annual job openings, and 6,950 total jobs in 2026 for Financial Analysts in this state.

Nationwide, the prediction is 29,000 annual jobs and 328,200 total jobs in 2026.

What do Financial Analysts Make in Maryland?

In 2018 wages for Financial Analysts ranged from $52,500 to $143,260 with $81,300 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $25.24 to $68.87. The median hourly rate was $39.09.

Workers in this field were paid a median of $39.88 an hour in 2017.

The hourly rate declined by $0.79.

The median salary in Maryland is higher than the nationwide median salary.

Financial Analysts Earnings: MD vs. National Average

Top Maryland Metros for Financial Analysts

The table below shows some of the metros in this state with the most Financial Analysts.

Metro Number Employed Annual Median Salary
Washington-Arlington-Alexandria, DC-VA-MD-WV 11,570 $89,830
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 10,800 $84,590
Baltimore-Columbia-Towson, MD 2,860 $78,330
California-Lexington Park, MD 180 $72,350
Salisbury, MD-DE 160 $81,260

Top States for Financial Analysts Employment

View the list below to see where most Financial Analysts work.

State Number Employed Annual Median Salary
New York 53,250 $107,160
California 37,900 $95,680
Texas 26,850 $83,060
Illinois 14,810 $79,310
Massachusetts 13,400 $87,060
Florida 13,400 $69,060
Pennsylvania 11,980 $82,010
New Jersey 10,560 $94,070
Ohio 9,260 $71,920
North Carolina 8,930 $80,740
Virginia 8,550 $86,550
Georgia 7,400 $75,230
Washington 6,480 $80,300
Minnesota 6,320 $85,940
Connecticut 6,240 $92,470
Michigan 6,090 $78,490
Maryland 5,640 $81,300
Arizona 5,330 $74,200
Tennessee 4,510 $69,130
Missouri 4,280 $81,990

Below are the states where Financial Analysts get paid the most:

State Annual Median Salary
New York $107,160
California $95,680
New Jersey $94,070
Connecticut $92,470
District of Columbia $91,390
Colorado $90,060
Massachusetts $87,060
Virginia $86,550
Montana $86,520
Minnesota $85,940

You may also be interested in the following careers:

Occupation MD Employment Total
Personal Financial Advisors 4,290
Insurance Underwriters 1,310

References

More about our data sources and methodologies.

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