Financial Managers Salary in Baltimore, MD (2024)
Financial Managers in the Baltimore-Columbia-Towson, MD metro area earn a median of $155,270 per year ($74.65 per hour) based on 9,530 jobs counted by the Bureau of Labor Statistics in 2024. That is -4.0% against the national median of $161,700 for this occupation.
Pay distribution
The median is a single point on a wide curve. The table below shows where financial managers actually sit across the pay range in Baltimore, MD, from the bottom decile to the top.
| Percentile | Hourly | Annual | Note |
|---|---|---|---|
| 10th percentile | $40.56 | $84,370 | |
| 25th percentile | $51.03 | $106,150 | |
| Median | $74.65 | $155,270 | half earn more, half earn less |
| 75th percentile | $97.62 | $203,040 | |
| 90th percentile | — | — | |
| Average (mean) | $80.29 | $167,000 |
How Baltimore, MD compares
The local median of $155,270 runs -4.0% below the US median of $161,700 for this occupation; it pays 170.8% more than the metro-wide median across all jobs ($57,340); within the metro it ranks 14th of 652 detailed occupations by median pay.
| Benchmark | Median annual | Difference |
|---|---|---|
| Baltimore, MD — this occupation | $155,270 | — |
| US median, same occupation (all areas) | $161,700 | -4.0% |
| Baltimore, MD — all occupations | $57,340 | +170.8% |
| Highest metro in the US for this job | $216,520 | -28.3% |
At a location quotient of 1.34, this occupation is over-represented locally: the metro has about 134% of the national share of these workers.
High confidence The relative standard error on this estimate is 2.0%, which is a tight margin — the figure is stable enough to plan around.
Ranked 14th of 652 detailed occupations in the metro by median annual wage.
Highest-paying jobs in Baltimore, MD
To put $155,270 in context, these are the best-paid detailed occupations in the same metro area. This occupation sits 14th.
| Occupation | Median annual | Employment |
|---|---|---|
| Physicians, All Other | $226,570 | 3,420 |
| Podiatrists | $218,390 | 130 |
| Ophthalmologists, Except Pediatric | $213,490 | — |
| Nurse Anesthetists | $209,340 | 420 |
| Pediatricians, General | $187,190 | 280 |
| Dentists, General | $186,530 | 1,090 |
| Judges, Magistrate Judges, and Magistrates | $181,320 | 200 |
| Computer and Information Systems Managers | $173,130 | 7,380 |
| Architectural and Engineering Managers | $163,970 | 2,390 |
| Physicists | $162,490 | 480 |
Where financial managers earn the most
Across the 25 metro areas with released data for this occupation, medians run from $134,990 to $216,520. These are the top markets.
| Metro area | Median annual | Employment |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ | $216,520 | 77,970 |
| San Francisco-Oakland-Fremont, CA | $211,730 | 18,380 |
| Boston-Cambridge-Newton, MA-NH | $188,490 | 22,830 |
| Seattle-Tacoma-Bellevue, WA | $180,770 | 9,460 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $177,690 | 25,520 |
| Denver-Aurora-Centennial, CO | $177,470 | 8,190 |
| Los Angeles-Long Beach-Anaheim, CA | $171,920 | 35,320 |
| Atlanta-Sandy Springs-Roswell, GA | $168,990 | 16,620 |
| San Diego-Chula Vista-Carlsbad, CA | $168,300 | 8,120 |
| Austin-Round Rock-San Marcos, TX | $168,100 | 6,910 |
See the full national picture on the Financial Managers salary by metro page.
Frequently asked questions
What is the median salary for financial managers in Baltimore, MD?
The median annual wage is $155,270, or $75 per hour. That means half of the financial managers working in the Baltimore-Columbia-Towson, MD metro area earn more than this figure and half earn less. The average is $167,000.
Is financial managers pay in Baltimore, MD above the local average?
Yes, it is 170.8% above the all-occupation median for the metro, which is $57,340. That comparison is the fairer one for judging local purchasing power, because it holds the metro's overall cost and wage level constant.
How does Baltimore, MD pay compare with the rest of the US for this job?
At $155,270 the metro median is 4.0% lower than the US median of $161,700 for financial managers. Across the 25 metro areas covered here, this occupation ranges from $134,990 to $216,520.
How many financial managers work in Baltimore, MD?
BLS counts about 9,530 people in this occupation in the metro area, or 7.11 jobs per 1,000 total jobs. At a location quotient of 1.34, this occupation is over-represented locally: the metro has about 134% of the national share of these workers.
About these figures
Figures come from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey for 2024 (employment relative standard error 4.6%). OEWS measures what employers pay, not what any individual earns; it excludes self-employed workers, and it does not adjust for local cost of living.
Read the full methodology, or the original data at bls.gov/oes.