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.