Financial Analysts Salary in Maryland
Official Bureau of Labor Statistics Data - May 2024 - MD
Median Annual Salary in Maryland
$113,540
$54.59 / hour
▲ 18.0% above national avg
National Median
$96,220
$46.26 / hour nationally
COL-Adjusted Purchasing Power
$92,384
Missouri equivalent (COL: 122.9)
Financial Analysts Salary in Maryland
| Percentile | Annual Salary |
|---|---|
| 10th (Entry Level) | $60,176 |
| 25th Percentile | $81,749 |
| 50th (Median) | $113,540 |
| 75th Percentile | $156,685 |
| 90th (Top Earners) | $195,289 |
| Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | |
Free: Top 50 Highest Paying Jobs by State
Printable guide - see which jobs pay the most in your state
Check your email! Your free resource is on its way. (Check spam if you don't see it.)
Cost of Living Adjusted Salary
The Maryland median salary of $113,540 for Financial Analysts has the purchasing power of approximately $92,384 in Missouri (the COL baseline state with index 100).
Maryland's higher cost of living (COL index: 122.9) reduces the real purchasing power of wages compared to lower-cost states.
COL data: MERIC 2024 State Cost of Living Index. Missouri = 100 baseline.
Frequently Asked Questions
How much do Financial Analysts make in Maryland?
Financial Analysts in Maryland earn a median annual salary of $113,540 per year ($54.59/hr) according to BLS OEWS data (May 2024). This is above the national median of $96,220.
Is Maryland a good state for Financial Analysts?
Maryland pays above the national average for financial analysts, making it a competitive market for this occupation. Cost of living in Maryland is higher average (COL index: 122.9).
What is the cost-of-living adjusted salary for Financial Analysts in Maryland?
After adjusting for cost of living (COL index: 122.9 vs. Missouri baseline of 100), the $113,540 salary in Maryland has the purchasing power of approximately $92,384 in Missouri. Higher living costs in Maryland reduce real purchasing power.
How does Maryland compare to neighboring states for Financial Analysts salaries?
For detailed comparison across all states, see the full Financial Analysts salary page at the national level, which includes a complete 50-state salary table.
Top Paying Jobs in Maryland
| # | Job Title | Median Annual |
|---|---|---|
| 1 | Anesthesiologists | $391,996 |
| 2 | Radiologists | $365,706 |
| 3 | Orthopedic Surgeons, Except Pediatric | $361,340 |
| 4 | Neurologists | $348,808 |
| 5 | Surgeons, All Other | $347,534 |
| 6 | Ophthalmologists, Except Pediatric | $320,818 |
| 7 | Psychiatrists | $294,762 |
| 8 | Physicians, Pathologists | $287,826 |
| Source: BLS OEWS May 2024 | ||
About Financial Analysts in Maryland
Financial Analysts work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the business finance sector of the U.S. economy.
Education Required: Bachelor's degree