Retail & Sales Silver Spring, MD Pop. 81,015

Retail Manager Salary in Silver Spring, Maryland

The median retail manager salary in Silver Spring, MD is $61,488 per year, which is 22.0% above the national median and 10.9% above the Maryland state average.

City Median
$61,488
vs State Avg
+$6,048
vs National
+$11,088
Cost of Living
122%

Retail Manager Salary in Silver Spring by Experience

In Silver Spring, an entry-level retail manager earns around $39,040, while experienced professionals earn up to $103,700 per year. The local cost of living index is 122% of the national average.

Entry Level (0-2 yrs)
$39,040
+$7,040 vs national
Mid Level (3-7 yrs)
$63,440
+$11,440 vs national
Senior Level (8+ yrs)
$103,700
+$18,700 vs national

Salary Percentiles in Silver Spring, MD

Percentile Silver Spring
10th Percentile $36,600
25th Percentile $46,360
Median (50th) $61,488
75th Percentile $85,400
90th Percentile $112,240

Retail Manager Salary in Other Maryland Cities

Columbia, MD
$59,472
Pop. 104,681
Germantown, MD
$57,960
Pop. 90,676
Baltimore, MD
$54,432
Pop. 585,708
Waldorf, MD
$52,920
Pop. 77,000

How to Become a Retail Manager in Silver Spring

Education

Most retail manager positions require a high school diploma. Silver Spring and the surrounding Maryland area have institutions offering relevant programs.

Key Skills

Retail ManagementSalesInventory ManagementCustomer ServiceStaff TrainingVisual Merchandising

Job Outlook

Nationally, retail manager employment is projected to grow 1% over the next decade (slower than average). Demand in Silver Spring may vary based on local industry and population growth.

Find Retail Manager Jobs in Silver Spring

Browse open retail manager positions in Silver Spring, MD:

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Frequently Asked Questions: Retail Manager Salary in Silver Spring

How much does a Retail Manager make in Silver Spring, MD? ▼
The median retail manager salary in Silver Spring, Maryland is $61,488 per year, which is 22.0% above the national median of $50,400. Salaries range from $36,600 (10th percentile) to $112,240 (90th percentile).
How much does a Retail Manager make per hour in Silver Spring? ▼
Based on the median annual salary of $61,488, a retail manager in Silver Spring earns approximately $30 per hour assuming a standard 2,080-hour work year.
How does Silver Spring compare to the Maryland state average for retail manager pay? ▼
Silver Spring's median retail manager salary of $61,488 is 10.9% above the Maryland state average of $55,440. 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 retail manager salary of $61,488 in Silver Spring has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a retail manager in Silver Spring? ▼
Most retail manager positions in Silver Spring require a high school diploma. Key skills include Retail Management, Sales, Inventory Management, Customer Service. The job market is projected to grow 1% nationally over the next decade.