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Financial Managers salary in Baltimore, MD

Financial Managers in the Baltimore-Columbia-Towson, MD metropolitan area earn a median of $157,990 a year, an average of $170,830. About 9,990 people work in this occupation there. Figures are from the May 2025 U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS).

Financial Managers pay at a glance

Annual median wage
$157,990
Half earn more, half earn less
Annual mean wage
$170,830
Pulled up by top earners
10th percentile
$86,240
Bottom of the range
90th percentile
$293,390
Top of the range
People employed
9,990
In Baltimore metro area
Rent share of median wage
9.8%
Median rent ÷ median wage

What this wage buys in Baltimore

Rent from the ACS 2019-2023 5-Year Estimates, compared with the wage above

Median gross rent
$1,290
per month, in Baltimore, MD
Income needed for median rent
$51,600
Keeps rent at 30% of gross pay
Median financial managers wage
$157,990
206.2% above income needed for median rent
Rent as share of this wage
9.8%
12 months rent ÷ median wage
City median household income
$59,623
All households, not one occupation

Occupations are not paid the same everywhere, and this page does not explain why. It reports what the survey measured for the Baltimore area. Read the Baltimore, MD cost of living page for rent, income and the price level, or the methodology for how the numbers are compiled.

Financial Managers pay in other cities

Median annual wage, same occupation, same survey

Milwaukee, WI
-1.2%
Median $156,100
Mean $164,260
Employed 5,160
Albuquerque, NM
-11.3%
Median $140,110
Mean $154,360
Employed 1,430
Fresno, CA
-12.9%
Median $137,650
Mean $158,240
Employed 1,370
Tucson, AZ
-20.1%
Median $126,170
Mean $142,120
Employed 1,360
Louisville/Jefferson County, KY
-13.3%
Median $136,970
Mean $152,810
Employed 2,670
Memphis, TN
-8.9%
Median $143,880
Mean $169,130
Employed 2,750
Sacramento, CA
+3.2%
Median $163,090
Mean $181,670
Employed 4,840
Detroit, MI
+1.4%
Median $160,240
Mean $168,730
Employed 11,670

See financial managers pay in every covered city.

Take-home pay calculator

Estimate your net pay after federal, state, and FICA taxes. Adjust filing status and allowances for your situation.

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Gross annual income $157,990 / year
$157,990
Federal income tax 2024 brackets, Single filing
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State income tax Maryland (MD)
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FICA (Social Security + Medicare) 7.65% up to wage base
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Pre-tax deductions 401(k), HSA, etc.
$0
Take-home pay (annual) After all taxes
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Take-home per paycheck Monthly
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Effective tax rate Total tax ÷ gross income
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Estimates use 2024 federal tax brackets, FICA rates (6.2% SS up to $168,600, 1.45% Medicare + 0.9% >$200k), and state rates from Tax Foundation. Does not include local taxes, AMT, or tax credits. Consult a tax professional for actual liability.

Definitions used on this page

Annual median wage
The wage that half of the people in this occupation earn more than and half earn less than, for one year of work.
Annual mean wage
The average of all reported wages. It is higher than the median when a few very high earners pull it up.
Percentiles
The 10th percentile is the wage below which 10% of workers fall; the 90th is the wage above which only 10% rise. The gap between them shows how wide the pay range is.
Employment
The estimated number of jobs in this occupation in the metropolitan area, not the number of residents who hold it.

Sources and limits

Wages describe the metropolitan area, while rent and income describe the city boundaries. The two areas do not cover exactly the same ground. Wages are also averaged across a year and across every industry, so a specific employer can differ widely from the median shown here.