Financial Manager salary in Baltimore-Columbia-Towson, MD
Financial Managers in the Baltimore-Columbia-Towson, MD metro area earn a median of $157,990 a year ($75.96 an hour), based on BLS data for 9,990 workers.
Pay ranges from $86,240 for the lowest-paid 10% to $293,390 for the top 10%. That is 5% lower than the national median of $166,570. Pay here is about the same as the Maryland statewide median of $158,750. There are 7.4 financial managers per 1,000 jobs here — the job is 1.4× more common than nationally. The average (mean) salary is $170,830, above the median because a few high earners pull it up.
Pay range for financial managers in Baltimore-Columbia-Towson, MD
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $86,240 | $41.46 |
| 25th percentile | $112,990 | $54.32 |
| Median | $157,990 | $75.96 |
| 75th percentile | $212,160 | $102.00 |
| 90th percentile (top earners) | $293,390 | $141.06 |
| Average (mean) | $170,830 | $82.13 |
Half of financial managers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $13,165.83 |
| Semi-monthly (24 a year) | $6,582.92 |
| Biweekly (26 a year) | $6,076.54 |
| Weekly | $3,038.27 |
| Hourly | $75.96 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $157,990 salary, see how much house you can afford in Maryland at today's mortgage rates, or work out a payment with the mortgage calculator.
Financial Manager salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $185,270 | 26,430 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $166,920 | 18,520 |
| Lexington Park, MD | $139,100 | 290 |
| Hagerstown-Martinsburg, MD-WV | $133,590 | 380 |
| Salisbury, MD | $127,860 | 310 |
Highest-paying states for financial managers
| State | Median salary |
|---|---|
| New York | $219,880 |
| Massachusetts | $206,760 |
| New Jersey | $199,110 |
| District of Columbia | $188,880 |
| Virginia | $185,220 |
| Colorado | $182,690 |
| Delaware | $181,580 |
| California | $180,770 |
| Washington | $174,840 |
| Connecticut | $174,830 |
See Financial Manager pay in every state or the Maryland statewide figures.
Related jobs in Baltimore-Columbia-Towson, MD
| Job | Median salary | Hourly |
|---|---|---|
| Computer and Information Systems Managers | $168,520 | $81.02 |
| Facilities Manager | $103,350 | $49.69 |
| Administrative Services Manager | $122,870 | $59.07 |
| Transportation, Storage, and Distribution Managers | $103,540 | $49.78 |
| Human Resources Manager | $146,370 | $70.37 |
| Industrial Production Manager | $127,960 | $61.52 |
| Purchasing Manager | $151,990 | $73.07 |
| Training and Development Managers | $114,770 | $55.18 |
| Compensation and Benefits Managers | $129,800 | $62.41 |
| General and Operations Managers | $117,040 | $56.27 |
| Medical and Health Services Managers | $124,990 | $60.09 |
| Managers, All Other | $148,700 | $71.49 |
| Education Administrators, Kindergarten through Secondary | $131,880 | — |
| Marketing Manager | $140,180 | $67.40 |
More: Management Occupations · all salaries in Baltimore-Columbia-Towson, MD
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 11-3031. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a financial manager make in Baltimore-Columbia-Towson, MD?
The median salary for financial managers in the Baltimore-Columbia-Towson, MD metro area is $157,990 a year, or $75.96 an hour. Pay ranges from $86,240 for the lowest-paid 10% to $293,390 for the top 10%.
How much do the highest-paid financial managers make in Baltimore-Columbia-Towson, MD?
The top 10% of financial managers in the Baltimore-Columbia-Towson, MD metro area earn at least $293,390 a year. The top 25% earn $212,160 or more.
What is the starting pay for financial managers in Baltimore-Columbia-Towson, MD?
Entry-level pay (the 10th percentile) is about $86,240 a year, and a quarter of financial managers earn $112,990 or less.
How many financial managers work in Baltimore-Columbia-Towson, MD?
About 9,990 financial managers are employed in the Baltimore-Columbia-Towson, MD metro area, not counting the self-employed.