Business & Finance Baltimore, MD Pop. 585,708

Financial Controller Salary in Baltimore, Maryland

The median financial controller salary in Baltimore, MD is $141,250 per year, which is 13.0% above the national median and 1.7% below the Maryland state average.

City Median
$141,250
vs State Avg
$-2,500
vs National
+$16,250
Cost of Living
108%

Financial Controller Pay in Baltimore: What to Expect (2026)

Baltimore offers a median financial controller salary of $141,250, which is $2,500 below the Maryland state average of $143,750. Compared to the national median of $125,000, Baltimore pays above average for this role.

Baltimore's cost of living is 108% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for financial controllers in Baltimore spans from $88,140 at the 10th percentile to $223,740 at the 90th percentile — a $135,600 spread. Entry-level professionals start around $92,660, while senior financial controllers with 8+ years of experience can earn up to $214,700. As a major metro area with a population of 585,708, Baltimore typically offers more job opportunities and employer competition, which can drive salaries higher.

Financial Controller Salary in Baltimore by Experience

In Baltimore, an entry-level financial controller earns around $92,660, while experienced professionals earn up to $214,700 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$92,660
+$10,660 vs national
Mid Level (3-7 yrs)
$144,640
+$16,640 vs national
Senior Level (8+ yrs)
$214,700
+$24,700 vs national

Salary Percentiles in Baltimore, MD

Percentile Baltimore
10th Percentile $88,140
25th Percentile $110,740
Median (50th) $141,250
75th Percentile $183,060
90th Percentile $223,740

Financial Controller Salary in Other Maryland Cities

Silver Spring, MD
$158,750
Pop. 81,015
Columbia, MD
$153,750
Pop. 104,681
Germantown, MD
$150,000
Pop. 90,676
Waldorf, MD
$137,500
Pop. 77,000

How to Become a Financial Controller in Baltimore

Education

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

Key Skills

Financial ReportingGAAPERP SystemsBudgetingTeam LeadershipTax Compliance

Job Outlook

Nationally, financial controller employment is projected to grow 6% over the next decade (faster than average). Demand in Baltimore may vary based on local industry and population growth.

Find Financial Controller Jobs in Baltimore

Browse open financial controller positions in Baltimore, MD:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Controller Salary in Baltimore

How much does a Financial Controller make in Baltimore, MD? ▼
The median financial controller salary in Baltimore, Maryland is $141,250 per year, which is 13.0% above the national median of $125,000. Salaries range from $88,140 (10th percentile) to $223,740 (90th percentile).
How much does a Financial Controller make per hour in Baltimore? ▼
Based on the median annual salary of $141,250, a financial controller in Baltimore earns approximately $68 per hour assuming a standard 2,080-hour work year.
How does Baltimore compare to the Maryland state average for financial controller pay? ▼
Baltimore's median financial controller salary of $141,250 is 1.7% below the Maryland state average of $143,750. The local cost of living index is 108% of the national average.
What is the cost of living in Baltimore, MD? ▼
Baltimore has a cost of living index of 108% compared to the national average. This means a financial controller salary of $141,250 in Baltimore has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial controller in Baltimore? ▼
Most financial controller positions in Baltimore require a bachelor's degree. Key skills include Financial Reporting, GAAP, ERP Systems, Budgeting. The job market is projected to grow 6% nationally over the next decade.