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Financial Managers salary in Baltimore, MD

Median pay for financial managers in Baltimore, MD: $139,740/yr

Typical range (10th–90th percentile): $82,730 – $239,200 · about 7,860 employed locally

Above the typical metro median ($131,810) by +$7,930 (+6%).

What it's really worth in Baltimore

With Baltimore's cost of living at 103 (US=100), that $139,740 has the buying power of about $135,428 in an average-cost US metro.

Local context: median household income $94,167 · median home $405,877 · median rent $1,919/mo.

Full Baltimore cost of living & taxes →

How Baltimore ranks for this job

On raw pay, Baltimore, MD is 49th of the 187 metros we hold financial managers wages for. Once Baltimore's cost of living is applied, it ranks 116th.

The headline number flatters Baltimore. Once housing and everyday costs are taken into account, financial managers here keep less of what they earn than the raw salary implies.

What that salary buys in Baltimore

A median home in Baltimore, MD costs $405,877 — about 2.9× this salary, against a typical US metro figure of 4.7×. Buying is more attainable here than in the average metro on this income.

Median rent of $1,919/mo works out at 16% of gross pay — inside the conventional 30% affordability ceiling.

Where financial managers earn more

Pay on its own is only half the picture, so each row shows what rent costs there relative to Baltimore.

MetroMedian payvs BaltimoreRent vs Baltimore
New York, NY $215,630 +54% 1.8×
San Jose, CA $211,850 +52% 1.9×
San Francisco, CA $203,620 +46% 1.7×
Boulder, CO $176,880 +27% 1.2×

Same job elsewhere in MD

MetroMedian payvs BaltimoreRent vs Baltimore
Salisbury, MD $131,810 −6%
Hagerstown, MD $121,940 −13% 0.8×

Staying in MD keeps state income tax and licensing the same, which makes these the most directly comparable moves.

Who hires financial managers around Baltimore

Large local employers in sectors that typically employ this role.

Other jobs in Baltimore

Source: US BLS OEWS (May 2023) median annual wage; cost of living from BEA; home price and rent from Zillow; household income from US Census ACS. Rankings are across the 187 metros we hold wage data for in this occupation. Estimates for guidance only. See methodology.