How much does a Financial Analyst make in Maryland?

BLS reports a median annual wage of $98,890 for Financial Analysts in Maryland as of the latest OES release. That is the 50th-percentile figure — half earn more, half earn less. The 25th-percentile is $78,400 and the 75th-percentile is $131,210.

How are Maryland Financial Analyst salaries calculated on this page?

Nominal wages come from BLS Occupational Employment and Wage Statistics (OES) — annual employer surveys, May 2026 reference period. Real-wage figures use BEA Regional Price Parities (2023 vintage) to adjust for state-level cost of living. No self-report or jobs-board data is mixed in.

What does the top of the Financial Analyst pay scale look like in Maryland?

The 90th percentile lands at $173,070. That tier typically reflects senior roles, specialty certifications, high-cost-of-living metros within the state, or union-negotiated rate cards. Below that, the P75 quartile is $131,210.

How many Financial Analysts does Maryland employ?

BLS OES counts 6,190 Financial Analysts employed in Maryland in the most recent release. Employment density relative to population determines whether wage tiers reflect a robust competitive market or a thinner labor pool.

What are the limits of these Financial Analyst salary numbers?

BLS OES is an employer survey of W-2 wages — it excludes contractor pay, bonuses outside the base wage definition, equity compensation, and tip income. Self-employed practitioners and gig workers are not represented. For occupations with significant non-W-2 income, the BLS figure is a floor, not a complete picture.

Should I negotiate based on the BLS median for Maryland?

The BLS median is a calibration anchor, not a ceiling. Use it to validate that an offer is in-band — anything well below the P25 in this state is a flag, anything above the P75 typically requires demonstrable specialty depth, niche credentials, or a high-COL metro within Maryland.

Buy-side vs sell-side vs corporate finance analyst pay in Maryland?

BLS aggregates SOC 13-2051 (Financial and Investment Analysts) without segmenting by sector. In Maryland, buy-side roles at hedge funds, asset managers, and private equity firms typically lead on total comp at every level — bonus carry / performance fees can dwarf base. Sell-side investment banking analysts in Maryland earn high cash comp but with steep hours; equity research mid-band; corporate finance / FP&A analysts earn the lowest among financial-analyst-track roles but with the most predictable hours. The Maryland BLS median primarily reflects the corporate / FP&A end of the band; high-finance-cluster cities show much higher P90s as a result.

How Much Do Financial Analysts Make in Maryland? $99K (2026 BLS + BEA)

TL;DR

$98,890 is the BLS median wage for Financial Analysts in Maryland; $94,539 is the BEA-adjusted purchasing-power equivalent.
Wage envelope: $62,950 (P10) to $173,070 (P90), with quartiles at $78,400 and $131,210.
Cost adjustment is small — neither an arbitrage state nor a high-cost penalty.
On a real-wage basis, this state sits at #28 of 51; nominal rank is #16.

Wage breakdown — Maryland

Percentile	Nominal (BLS)	Real (BEA RPP-adjusted)
P10 (entry tier)	$62,950	$60,180
P25 (lower quartile)	$78,400	$74,951
P50 (median)	$98,890	$94,539
P75 (upper quartile)	$131,210	$125,437
P90 (top tier)	$173,070	$165,456
Mean	$114,870	$109,816
Employment	6,190 Financial Analysts in Maryland

Cost of living — BEA Regional Price Parity

Component	Maryland index (US = 100)
All-items RPP	104.6
Goods	103.2
Services	108.7
Rents	119.9

Maryland's overall RPP (104.6) is close to the national 100 baseline; nominal and real wage move roughly together.

After-tax take-home — Maryland (2024 BLS · 2024 tax year, single filer)

Layer-by-layer take-home math at the BLS median

Layer	Amount	Note
Gross BLS P50 (Financial Analyst)	$98,890	nominal median
Federal income tax	−$13,003	13.1% effective; std deduction $15,750 applied
State income tax	−$4,524	2–5.75% (graduated, +county piggyback 2.25–3.2%)
FICA (SS 6.2% + Medicare 1.45%)	−$7,565	SS capped at $183,600 wage base
Take-home (after-tax)	$73,798	74.6% of gross
Real take-home (RPP-adjusted)	$70,552	÷ (104.6 / 100) BEA cost-of-living

What the Maryland state-tax burden means for Financial Analyst take-home

Mid-band state-tax burden at 4.6% effective. Combined with federal and FICA, take-home is $73,798 (74.6% of gross). After the 104.6 RPP, real take-home is $70,552. Local-tax overlay: Maryland counties piggyback 2.25–3.2% on state liability — Baltimore City and Howard / Montgomery / PG counties at the top of the range.

Computed from 2026 IRS federal brackets (Rev. Proc. 2025-32), 2026 state DOR brackets, and 2026 FICA rates. Single filer, standard deduction, no other adjustments. See methodology · tax for limitations (married filers, ITM/SALT itemizers, retirement deferrals, HSA, dependent credits, etc.).

National context

Across the United States, BLS reports a national median of $101,350 for Financial Analysts with mean pay of $116,490 and total employment of 340,580. Maryland sits at #16 on nominal pay and #28 on real (cost-adjusted) pay among the 51 states and DC. After cost adjustment, Maryland falls 12 positions — the cost premium eats into the headline wage.

Frequently asked questions

How much does a Financial Analyst make in Maryland?: BLS reports a median annual wage of $98,890 for Financial Analysts in Maryland as of the latest OES release. That is the 50th-percentile figure — half earn more, half earn less. The 25th-percentile is $78,400 and the 75th-percentile is $131,210.
How are Maryland Financial Analyst salaries calculated on this page?: Nominal wages come from BLS Occupational Employment and Wage Statistics (OES) — annual employer surveys, May 2026 reference period. Real-wage figures use BEA Regional Price Parities (2023 vintage) to adjust for state-level cost of living. No self-report or jobs-board data is mixed in.
What does the top of the Financial Analyst pay scale look like in Maryland?: The 90th percentile lands at $173,070. That tier typically reflects senior roles, specialty certifications, high-cost-of-living metros within the state, or union-negotiated rate cards. Below that, the P75 quartile is $131,210.
How many Financial Analysts does Maryland employ?: BLS OES counts 6,190 Financial Analysts employed in Maryland in the most recent release. Employment density relative to population determines whether wage tiers reflect a robust competitive market or a thinner labor pool.
What are the limits of these Financial Analyst salary numbers?: BLS OES is an employer survey of W-2 wages — it excludes contractor pay, bonuses outside the base wage definition, equity compensation, and tip income. Self-employed practitioners and gig workers are not represented. For occupations with significant non-W-2 income, the BLS figure is a floor, not a complete picture.
Should I negotiate based on the BLS median for Maryland?: The BLS median is a calibration anchor, not a ceiling. Use it to validate that an offer is in-band — anything well below the P25 in this state is a flag, anything above the P75 typically requires demonstrable specialty depth, niche credentials, or a high-COL metro within Maryland.
Buy-side vs sell-side vs corporate finance analyst pay in Maryland?: BLS aggregates SOC 13-2051 (Financial and Investment Analysts) without segmenting by sector. In Maryland, buy-side roles at hedge funds, asset managers, and private equity firms typically lead on total comp at every level — bonus carry / performance fees can dwarf base. Sell-side investment banking analysts in Maryland earn high cash comp but with steep hours; equity research mid-band; corporate finance / FP&A analysts earn the lowest among financial-analyst-track roles but with the most predictable hours. The Maryland BLS median primarily reflects the corporate / FP&A end of the band; high-finance-cluster cities show much higher P90s as a result.

Sources & methodology

U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OES), SOC 13-2051, 2024 reference period.
U.S. Bureau of Economic Analysis — Regional Price Parities, 2023 vintage (all-items, goods, services, rents).
Real-wage figures = nominal BLS wage ÷ (state RPP / 100).
See the methodology page for full computation details and limitations.

By Marcus Liang · Founder & Editor · Last synced 2026-05-05.

Cross-comparison: see how Maryland Financial Analyst pay ranks against the other 254 state × occupation pages on the Real Wage Atlas → — four-way ranking by real wage, after-tax take-home, state-tax savings, and cost-of-living arbitrage.