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

Financial Analyst Salary in Silver Spring, Maryland

The median financial analyst salary in Silver Spring, MD is $120,752 per year, which is 27.0% above the national median and 10.4% above the Maryland state average.

City Median
$120,752
vs State Avg
+$11,410
vs National
+$25,672
Cost of Living
122%

Financial Analyst Salary in Silver Spring by Experience

In Silver Spring, an entry-level financial analyst earns around $76,200, while experienced professionals earn up to $187,960 per year. The local cost of living index is 122% of the national average.

Entry Level (0-2 yrs)
$76,200
+$16,200 vs national
Mid Level (3-7 yrs)
$121,920
+$25,920 vs national
Senior Level (8+ yrs)
$187,960
+$39,960 vs national

Salary Percentiles in Silver Spring, MD

Percentile Silver Spring
10th Percentile $72,644
25th Percentile $92,456
Median (50th) $120,752
75th Percentile $158,750
90th Percentile $211,582

Financial Analyst Salary in Other Maryland Cities

How to Become a Financial Analyst in Silver Spring

Education

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