Financial Analyst Salary in Maryland
The median financial analyst salary in Maryland is $109,342 per year, which is 15.0% above the national median of $95,080.
Financial Analyst Salary Overview in Maryland (2026)
Maryland ranks #8 out of 50 states for financial analyst compensation. This places Maryland in the top tier nationally, making it one of the best states for financial analysts seeking high pay. At $109,342 per year, financial analysts in Maryland earn $14,262 more than the national median of $95,080.
It's worth noting that Maryland's cost of living is 110% of the national average, which reduces the real purchasing power of the $109,342 salary. After adjusting for cost of living, the effective salary is closer to $99,402.
The salary spread in Maryland is significant: financial analysts at the 10th percentile earn $65,780, while those at the 90th percentile bring home $191,590 — a $125,810 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Maryland for this role is Silver Spring, where the median reaches $120,752.
Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). This steady growth indicates stable demand for financial analysts across the country.
Financial Analyst Salary in Maryland by Experience
In Maryland, an entry-level financial analyst earns around $69,000, while experienced professionals earn up to $170,200 per year. The cost of living index in Maryland is 110% of the national average.
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View Offers You Qualify For →Salary Percentiles in Maryland
| Percentile | MD Salary |
|---|---|
| 10th Percentile | $65,780 |
| 25th Percentile | $83,720 |
| Median (50th) | $109,342 |
| 75th Percentile | $143,750 |
| 90th Percentile | $191,590 |
Financial Analyst Salary by City in Maryland
The largest employment areas for financial analysts in Maryland include Baltimore, Columbia, Silver Spring, and Germantown. Salaries vary by city based on local cost of living and demand.
How to Become a Financial Analyst in Maryland
Education
Most financial analyst positions require a bachelor's degree. Maryland has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Maryland
Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Maryland's demand may vary based on local industry trends.
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Data shows Financial Analysts who negotiate earn 7–15% more. A single negotiation could add $60,858 over your career trajectory.
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