Business & Finance Maryland (MD) Rank #8 of 50

Accountant Salary in Maryland

The median accountant salary in Maryland is $91,862 per year, which is 15.0% above the national median of $79,880.

Median Salary
$91,862
vs National
+$11,982
State Rank
#8 of 50
Cost of Living
110%

Accountant Salary Overview in Maryland (2026)

Maryland ranks #8 out of 50 states for accountant compensation. This places Maryland in the top tier nationally, making it one of the best states for accountants seeking high pay. At $91,862 per year, accountants in Maryland earn $11,982 more than the national median of $79,880.

It's worth noting that Maryland's cost of living is 110% of the national average, which reduces the real purchasing power of the $91,862 salary. After adjusting for cost of living, the effective salary is closer to $83,511.

The salary spread in Maryland is significant: accountants at the 10th percentile earn $57,960, while those at the 90th percentile bring home $152,720 — a $94,760 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Maryland for this role is Silver Spring, where the median reaches $101,448.

Nationally, accountant employment is projected to grow 4% over the next decade (as fast as average). This steady growth indicates stable demand for accountants across the country.

Accountant Salary in Maryland by Experience

In Maryland, an entry-level accountant earns around $59,800, while experienced professionals earn up to $138,000 per year. The cost of living index in Maryland is 110% of the national average.

Entry Level (0-2 yrs)
$59,800
+$7,800 vs national
Mid Level (3-7 yrs)
$92,000
+$12,000 vs national
Senior Level (8+ yrs)
$138,000
+$18,000 vs national

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Salary Percentiles in Maryland

Percentile MD Salary
10th Percentile $57,960
25th Percentile $72,105
Median (50th) $91,862
75th Percentile $117,760
90th Percentile $152,720

Accountant Salary by City in Maryland

The largest employment areas for accountants in Maryland include Baltimore, Columbia, Silver Spring, and Germantown. Salaries vary by city based on local cost of living and demand.

How to Become a Accountant in Maryland

Education

Most accountant positions require a bachelor's degree. Maryland has several accredited institutions offering relevant programs.

Key Skills

GAAPTax PreparationFinancial AnalysisQuickBooksExcelAuditing

Job Outlook in Maryland

Nationally, accountant employment is projected to grow 4% over the next decade (as fast as average). Maryland's demand may vary based on local industry trends.

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Frequently Asked Questions: Accountant Salary in Maryland

How much does a Accountant make in Maryland? ▼
The median accountant salary in Maryland is $91,862 per year, which is 15.0% above the national median of $79,880. Salaries range from $57,960 (10th percentile) to $152,720 (90th percentile).
How much does a Accountant make per hour in Maryland? ▼
Based on the median annual salary of $91,862, a accountant in Maryland earns approximately $44 per hour assuming a standard 2,080-hour work year.
Is Maryland a good state for accountants? ▼
Maryland ranks #8 out of 50 states for accountant pay. The cost of living index is 110% of the national average. Entry-level accountants earn $59,800, while senior professionals earn $138,000.
How does Maryland compare to other states for accountant salary? ▼
The highest paying state for accountants is Hawaii at $135,796. Maryland's median of $91,862 ranks #8 nationally. Nearby-ranked states include New Jersey ($98,252) and Connecticut ($95,856).
What is the entry-level accountant salary in Maryland? ▼
An entry-level accountant in Maryland earns approximately $59,800 per year. With 3-7 years of experience, pay increases to around $92,000. Senior-level professionals with 8+ years earn up to $138,000.
What city in Maryland pays accountants the most? ▼
Silver Spring is the highest paying city in Maryland for accountants, with a median salary of $101,448. Other cities include Baltimore and Columbia.