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Financial Managers in Maryland

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Financial Managers in Maryland

Considering a career as a Financial Manager in Maryland?

6.0% Jobs Projection
$137,820 Median Salary
860 Job Openings

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

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

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

How Many Financial Managers Work in Maryland?

There were approximately 12,550 workers employed as Financial Managers in this state in 2018.

There were 12,230 Financial Managers employed in this state in 2017.

That’s growth of 320 jobs between 2017 and 2018.

Financial Managers in MD Employment Trend

The typical state has 6,900 Financial Managers working in it, which means Maryland has more Financial Managers than average.

Financial Managers in MD vs. the Average State

Job Projections for Maryland

Jobs for Financial Managers in this state are growing at a rate of 6.0% which is slower than the nationwide estimated projection of 18.7%.

Job Projections for Financial Managers: Nation vs. MD

Maryland Annual Job Openings

The BLS estimates there will be 860 annual job openings, and 11,580 total jobs in 2026 for Financial Managers in this state.

Nationwide, the prediction is 56,900 annual jobs and 689,000 total jobs in 2026.

What do Financial Managers Make in Maryland?

In 2018 wages for Financial Managers ranged from $84,010 to $208,000 with $137,820 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $40.39 to $100. The median hourly rate was $66.26.

Workers in this field were paid a median of $64.57 an hour in 2017.

The hourly rate grew by $1.69.

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

Financial Managers Earnings: MD vs. National Average

Top Maryland Metros for Financial Managers

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

Metro Number Employed Annual Median Salary
Washington-Arlington-Alexandria, DC-VA-MD-WV 20,650 $152,770
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 11,930 $149,740
Baltimore-Columbia-Towson, MD 6,490 $135,040
Salisbury, MD-DE 310 $123,060
Hagerstown-Martinsburg, MD-WV 290 $108,210
California-Lexington Park, MD 190 $137,500
Cumberland, MD-WV 60 $93,450

Top States for Financial Managers Employment

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

State Number Employed Annual Median Salary
California 81,350 $139,240
New York 42,460 $194,820
Illinois 40,040 $126,020
Texas 39,580 $129,320
Massachusetts 33,880 $130,180
Florida 29,050 $114,190
New Jersey 21,340 $157,490
Ohio 19,980 $118,100
Georgia 17,840 $127,830
Pennsylvania 17,730 $138,980
Tennessee 15,870 $95,970
Connecticut 15,750 $144,500
North Carolina 15,730 $131,610
Minnesota 15,610 $121,210
Virginia 15,180 $147,710
Michigan 14,760 $116,300
Washington 13,010 $123,430
Maryland 12,550 $137,820
Arizona 11,400 $103,910
Iowa 8,630 $100,280

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

State Annual Median Salary
New York $194,820
New Jersey $157,490
Delaware $152,180
District of Columbia $150,550
Virginia $147,710
Colorado $146,000
Connecticut $144,500
California $139,240
Pennsylvania $138,980
Maryland $137,820

References

More about our data sources and methodologies.

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