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

Financial Controller Salary in Silver Spring, Maryland

The median financial controller salary in Silver Spring, MD is $158,750 per year, which is 27.0% above the national median and 10.4% above the Maryland state average.

City Median
$158,750
vs State Avg
+$15,000
vs National
+$33,750
Cost of Living
122%

Financial Controller Pay in Silver Spring: What to Expect (2026)

Silver Spring offers a median financial controller salary of $158,750, which is $15,000 above the Maryland state average of $143,750. Compared to the national median of $125,000, Silver Spring pays above average for this role.

However, Silver Spring's cost of living index is 122%, significantly above the national average. After adjusting for local costs, the $158,750 salary has an effective purchasing power of approximately $130,123. Housing, transportation, and food costs in Silver Spring should be factored into any relocation or job-change decision.

The salary range for financial controllers in Silver Spring spans from $99,060 at the 10th percentile to $251,460 at the 90th percentile — a $152,400 spread. Entry-level professionals start around $104,140, while senior financial controllers with 8+ years of experience can earn up to $241,300. Silver Spring is a smaller market (pop. 81,015), which may mean fewer openings but also less competition for available positions.

Financial Controller Salary in Silver Spring by Experience

In Silver Spring, an entry-level financial controller earns around $104,140, while experienced professionals earn up to $241,300 per year. The local cost of living index is 122% of the national average.

Entry Level (0-2 yrs)
$104,140
+$22,140 vs national
Mid Level (3-7 yrs)
$162,560
+$34,560 vs national
Senior Level (8+ yrs)
$241,300
+$51,300 vs national

Salary Percentiles in Silver Spring, MD

Percentile Silver Spring
10th Percentile $99,060
25th Percentile $124,460
Median (50th) $158,750
75th Percentile $205,740
90th Percentile $251,460

Financial Controller Salary in Other Maryland Cities

Columbia, MD
$153,750
Pop. 104,681
Germantown, MD
$150,000
Pop. 90,676
Baltimore, MD
$141,250
Pop. 585,708
Waldorf, MD
$137,500
Pop. 77,000

How to Become a Financial Controller in Silver Spring

Education

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

Find Financial Controller Jobs in Silver Spring

Browse open financial controller positions in Silver Spring, MD:

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Frequently Asked Questions: Financial Controller Salary in Silver Spring

How much does a Financial Controller make in Silver Spring, MD? ▼
The median financial controller salary in Silver Spring, Maryland is $158,750 per year, which is 27.0% above the national median of $125,000. Salaries range from $99,060 (10th percentile) to $251,460 (90th percentile).
How much does a Financial Controller make per hour in Silver Spring? ▼
Based on the median annual salary of $158,750, a financial controller in Silver Spring earns approximately $76 per hour assuming a standard 2,080-hour work year.
How does Silver Spring compare to the Maryland state average for financial controller pay? ▼
Silver Spring's median financial controller salary of $158,750 is 10.4% above the Maryland state average of $143,750. The local cost of living index is 122% of the national average.
What is the cost of living in Silver Spring, MD? ▼
Silver Spring has a cost of living index of 122% compared to the national average. This means a financial controller salary of $158,750 in Silver Spring has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial controller in Silver Spring? ▼
Most financial controller positions in Silver Spring 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.