The annual salary statistics of financial managers in Baltimore-Towson, Maryland is shown in Table 1. The wage information of financial managers in Baltimore-Towson is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $75,170 |
| 25th Percentile Wage | $103,570 |
| 50th Percentile Wage | $135,250 |
| 75th Percentile Wage | $170,410 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for financial managers in Baltimore-Towson, Maryland in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $170,410. The median (50th percentile) annual salary is $135,250. The average annual salary for the bottom 10 percent earners is $75,170.
The table and chart below show the trend of the median salary of financial managers from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $135,250 | 0.16% | 20.03% |
| 2018 | $135,040 | 2.70% | - |
| 2017 | $131,390 | 2.91% | - |
| 2016 | $127,560 | 5.65% | - |
| 2015 | $120,350 | -1.35% | - |
| 2014 | $121,980 | 6.00% | - |
| 2013 | $114,660 | 5.67% | - |
| 2012 | $108,160 | - | - |
From Table 3 we note that with a median annual salary of $135,250, Baltimore-Towson is the highest paying city for financial managers in state of Maryland, followed by Bethesda-Rockville-Frederick (median annual salary $134,920). In comparison, the median annual salary of financial managers in Baltimore-Towson is .2 percent (.2%) higher than that in Bethesda-Rockville-Frederick.
| Cities/Areas | Median Annual Salary |
|---|---|
| Baltimore-Towson | |
| Bethesda-Rockville-Frederick | |
| St Marys County | |
| California-Lexington Park | |
| Upper Eastern Shore nonmetropolitan area | |
| Salisbury | |
| Maryland nonmetropolitan area | |
| Garrett County |