Business & Finance Silver Spring, MD Pop. 81,015

Accountant Salary in Silver Spring, Maryland

The median accountant salary in Silver Spring, MD is $101,448 per year, which is 27.0% above the national median and 10.4% above the Maryland state average.

City Median
$101,448
vs State Avg
+$9,586
vs National
+$21,568
Cost of Living
122%

Accountant Salary in Silver Spring by Experience

In Silver Spring, an entry-level accountant earns around $66,040, while experienced professionals earn up to $152,400 per year. The local cost of living index is 122% of the national average.

Entry Level (0-2 yrs)
$66,040
+$14,040 vs national
Mid Level (3-7 yrs)
$101,600
+$21,600 vs national
Senior Level (8+ yrs)
$152,400
+$32,400 vs national

Salary Percentiles in Silver Spring, MD

Percentile Silver Spring
10th Percentile $64,008
25th Percentile $79,629
Median (50th) $101,448
75th Percentile $130,048
90th Percentile $168,656

Accountant Salary in Other Maryland Cities

Columbia, MD
$98,252
Pop. 104,681
Germantown, MD
$95,856
Pop. 90,676
Baltimore, MD
$90,264
Pop. 585,708
Waldorf, MD
$87,868
Pop. 77,000

How to Become a Accountant in Silver Spring

Education

Most accountant positions require a bachelor's degree. Silver Spring 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 Silver Spring may vary based on local industry and population growth.

Find Accountant Jobs in Silver Spring

Browse open accountant positions in Silver Spring, MD:

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Frequently Asked Questions: Accountant Salary in Silver Spring

How much does a Accountant make in Silver Spring, MD? ▼
The median accountant salary in Silver Spring, Maryland is $101,448 per year, which is 27.0% above the national median of $79,880. Salaries range from $64,008 (10th percentile) to $168,656 (90th percentile).
How much does a Accountant make per hour in Silver Spring? ▼
Based on the median annual salary of $101,448, a accountant in Silver Spring earns approximately $49 per hour assuming a standard 2,080-hour work year.
How does Silver Spring compare to the Maryland state average for accountant pay? ▼
Silver Spring's median accountant salary of $101,448 is 10.4% above the Maryland state average of $91,862. The local cost of living index is 122% of the national average.
What is the cost of living in Silver Spring, MD? ▼
Silver Spring has a cost of living index of 122% compared to the national average. This means a accountant salary of $101,448 in Silver Spring has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a accountant in Silver Spring? ▼
Most accountant positions in Silver Spring 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.