Financial Manager Salary in Baltimore, MD
Financial Managers in the Baltimore-Columbia-Towson, MD metro area earn a median $157,990 a year — 5% less than the national median. After 2026 taxes, that is $111,913 take-home, or $9,326 a month.
Take-home pay calculator
Pre-filled with the median financial manager salary in Baltimore, MD. Enter your own offer to see your paycheck.
- Federal income tax$26,652
- Social Security (6.2%)$9,795
- Medicare (1.45%)$2,291
- Maryland income tax$7,339
- Take-home pay$111,913
Marginal rate: 24% federal + 5.50% state
Living in Baltimore City? City residents also pay Baltimore City’s city income tax — about $4,846 a year on this salary — which lowers take-home pay to $107,067 ($8,922 a month). Choose “Baltimore City” under City income tax in the calculator. Suburban residents usually don’t pay it.
Got an offer somewhere else? Compare it with this one after taxes and rent →
Financial Manager pay by experience in Baltimore, MD
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $86,240 | $41.46 | $65,767 | $5,481 |
| 25th percentile | $112,990 | $54.32 | $83,299 | $6,942 |
| Median (50th) | $157,990 | $75.96 | $111,913 | $9,326 |
| 75th percentile | $212,160 | $102.00 | $147,564 | $12,297 |
| 90th percentile (top earners) | $293,390+ | $141.05 | $196,157 | $16,346 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Maryland resident, 2026 tax rules.
What $157,990 buys in Baltimore, MD
Prices in Baltimore, MD are 4.5% higher than the U.S. average (housing costs are 1.18× the national average). Adjusted for local prices, a median financial manager's $111,913 take-home pay has the buying power of $107,107 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Baltimore, MD has 1.4× the national concentration of financial manager jobs — a strong local market for this occupation.
Best-paying cities for financial managers, adjusted for cost of living
Baltimore, MD ranks #41 of 55 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Bridgeport, CT | $211,000 | $146,519 | $137,107 |
| 2 | New York, NY | $221,010 | $152,151 | $135,169 |
| 3 | Boston, MA | $209,780 | $145,861 | $134,725 |
| 4 | San Jose, CA | $225,280 | $147,303 | $133,399 |
| 5 | Denver, CO | $193,400 | $136,206 | $128,761 |
| 6 | Austin, TX | $167,180 | $125,534 | $128,009 |
| 7 | Houston, TX | $166,910 | $125,349 | $127,091 |
| 8 | Charlotte, NC | $172,760 | $122,963 | $126,313 |
| 41 | Baltimore, MD | $157,990 | $111,913 | $107,107 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 55 metros →
About the job: financial managers
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
- Typical education
- Bachelor's degree
- Work experience
- 5 years or more
- On-the-job training
- None
- Job outlook, 2025–35
- +9.7% (much faster than average)
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Frequently asked questions
How much does a financial manager make in Baltimore, MD?
The median financial manager salary in the Baltimore-Columbia-Towson, MD metro area is $157,990 a year, or about $75.96 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $112,990 and $212,160.
What is a financial manager’s take-home pay in Baltimore, MD?
On the median $157,990 salary, a single filer living in Maryland takes home about $111,913 a year ($9,326 a month) after federal tax, Social Security, Medicare and $7,339 in Maryland taxes in 2026.
Is Baltimore, MD a good place to work as a financial manager?
Pay here is 5% below the national median of $166,570. Local prices are 4.5% above the U.S. average, so the take-home pay buys what $107,107 would in a typical U.S. city. Baltimore, MD ranks #41 of 55 metro areas for cost-of-living-adjusted pay in this job.
Can a financial manager afford rent in Baltimore, MD?
HUD’s fair market rent for a one-bedroom in Baltimore, MD is $1,511 a month ($1,857 for two bedrooms) — 16% of a median financial manager’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Baltimore, MD
- Computer and Information Systems Manager — $168,520
- Architectural and Engineering Manager — $167,350
- Managers, All Other — $148,700
- Marketing Manager — $140,180
- Education Administrators, Kindergarten through Secondary — $131,880
- Medical and Health Services Manager — $124,990
- Construction Manager — $121,490
- General and Operations Manager — $117,040
- Facilities Manager — $103,350
- Property, Real Estate, and Community Association Managers — $81,670