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.