Business & Finance Germantown, MD Pop. 90,676

Accountant Salary in Germantown, Maryland

The median accountant salary in Germantown, MD is $95,856 per year, which is 20.0% above the national median and 4.3% above the Maryland state average.

City Median
$95,856
vs State Avg
+$3,994
vs National
+$15,976
Cost of Living
115%

Accountant Salary in Germantown by Experience

In Germantown, an entry-level accountant earns around $62,400, while experienced professionals earn up to $144,000 per year. The local cost of living index is 115% of the national average.

Entry Level (0-2 yrs)
$62,400
+$10,400 vs national
Mid Level (3-7 yrs)
$96,000
+$16,000 vs national
Senior Level (8+ yrs)
$144,000
+$24,000 vs national

Salary Percentiles in Germantown, MD

Percentile Germantown
10th Percentile $60,480
25th Percentile $75,240
Median (50th) $95,856
75th Percentile $122,880
90th Percentile $159,360

Accountant Salary in Other Maryland Cities

Silver Spring, MD
$101,448
Pop. 81,015
Columbia, MD
$98,252
Pop. 104,681
Baltimore, MD
$90,264
Pop. 585,708
Waldorf, MD
$87,868
Pop. 77,000

How to Become a Accountant in Germantown

Education

Most accountant positions require a bachelor's degree. Germantown and the surrounding Maryland area have institutions offering relevant programs.

Key Skills

GAAPTax PreparationFinancial AnalysisQuickBooksExcelAuditing

Job Outlook

Nationally, accountant employment is projected to grow 4% over the next decade (as fast as average). Demand in Germantown may vary based on local industry and population growth.

Find Accountant Jobs in Germantown

Browse open accountant positions in Germantown, MD:

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Frequently Asked Questions: Accountant Salary in Germantown

How much does a Accountant make in Germantown, MD? ▼
The median accountant salary in Germantown, Maryland is $95,856 per year, which is 20.0% above the national median of $79,880. Salaries range from $60,480 (10th percentile) to $159,360 (90th percentile).
How much does a Accountant make per hour in Germantown? ▼
Based on the median annual salary of $95,856, a accountant in Germantown earns approximately $46 per hour assuming a standard 2,080-hour work year.
How does Germantown compare to the Maryland state average for accountant pay? ▼
Germantown's median accountant salary of $95,856 is 4.3% above the Maryland state average of $91,862. The local cost of living index is 115% of the national average.
What is the cost of living in Germantown, MD? ▼
Germantown has a cost of living index of 115% compared to the national average. This means a accountant salary of $95,856 in Germantown has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a accountant in Germantown? ▼
Most accountant positions in Germantown require a bachelor's degree. Key skills include GAAP, Tax Preparation, Financial Analysis, QuickBooks. The job market is projected to grow 4% nationally over the next decade.