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

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.