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 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

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

Major Cities for Accountants in Maryland

The largest employment areas for accountants in Maryland include Baltimore, Columbia, Silver Spring, and Germantown. Salaries in major metro areas may be higher due to increased demand and cost of living.

Baltimore, MD
Metro area for accountant employment
Columbia, MD
Metro area for accountant employment
Silver Spring, MD
Metro area for accountant employment
Germantown, MD
Metro area for accountant employment
Waldorf, MD
Metro area for accountant employment

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.