Average Accountant Salary in Maryland
Finance · Updated 2024 · Based on BLS and industry data
Salary Overview
The average Accountant in Maryland earns $82,800 per year, which is above the national average of $79,880. This translates to approximately $39.81 per hour, $3,185 biweekly, or $6,900 per month before taxes.
The cost of living in Maryland is 12% above the national average, which explains the higher salary levels needed to maintain purchasing power.
Salary Range
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| Entry Level (25th) | $62,100 | $29.86 |
| Average (50th) | $82,800 | $39.81 |
| Experienced (75th) | $95,200 | $45.78 |
| Top Earners (90th) | $107,600 | $51.73 |
Accountant Salary by City in Maryland
| City | Average Salary | Monthly |
|---|---|---|
| Baltimore | $89,400 | $7,450/mo |
| Columbia | $84,500 | $7,042/mo |
| Germantown | $81,100 | $6,758/mo |
| Silver Spring | $78,700 | $6,558/mo |
| Bethesda | $77,000 | $6,417/mo |
Career Quick Facts
| Detail | Information |
|---|---|
| Job Category | Finance |
| Typical Education | Bachelor's degree |
| Job Growth (2022-2032) | 6% (nationwide) |
| State Income Tax | 2%-5.75% (8 brackets) |
| State Minimum Wage | $15.00/hr |
| Cost of Living Index | 1.12 (+12% vs national avg) |
Top Employers in Maryland
Major employers hiring Accountants in Maryland include Johns Hopkins, Marriott, Lockheed Martin, T. Rowe Price, and Under Armour. These companies and organizations offer competitive salaries and benefits packages for finance professionals.
Calculate Your Maryland Take-Home Pay
Want to see your actual paycheck after taxes? Use our free Maryland Take-Home Pay Calculator to see exactly how much you'll take home based on your salary, filing status, and deductions.
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