Business & Finance Baltimore, MD Pop. 585,708

Financial Analyst Salary in Baltimore, Maryland

The median financial analyst salary in Baltimore, MD is $107,440 per year, which is 13.0% above the national median and 1.7% below the Maryland state average.

City Median
$107,440
vs State Avg
$-1,902
vs National
+$12,360
Cost of Living
108%

Financial Analyst Salary in Baltimore by Experience

In Baltimore, an entry-level financial analyst earns around $67,800, while experienced professionals earn up to $167,240 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$67,800
+$7,800 vs national
Mid Level (3-7 yrs)
$108,480
+$12,480 vs national
Senior Level (8+ yrs)
$167,240
+$19,240 vs national

Salary Percentiles in Baltimore, MD

Percentile Baltimore
10th Percentile $64,636
25th Percentile $82,264
Median (50th) $107,440
75th Percentile $141,250
90th Percentile $188,258

Financial Analyst Salary in Other Maryland Cities

How to Become a Financial Analyst in Baltimore

Education

Most financial analyst positions require a bachelor's degree. Baltimore and the surrounding Maryland area have institutions offering relevant programs.

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Demand in Baltimore may vary based on local industry and population growth.