Average Financial Analyst Salary in Baltimore, MD

The average Financial Analyst in Baltimore, MD earns $109,250 per year. See how this compares to the national average and what it means for your budget.

Average Salary
$109250
Median Salary
$95010
vs. National
3.3% below
Real Pay (COL-adjusted)
$104558

“Real pay” adjusts the average for Baltimore’s cost of living (Regional Price Parity 104.487, U.S. average = 100) — what this salary is worth in national-average dollars.

What Financial Analysts actually earn in Baltimore

The spread from entry-level (10th percentile) to top earners (90th), from BLS wage data.

10th (entry) $62790
25th $76330
Median $95010
75th $121430
90th (top) $172340

1850 Financial Analysts employed in the Baltimore metro.

Can a Financial Analyst afford a home in Baltimore?

Max home price under the 28% rule (housing ≤ 28% of gross), 10% down, 6.7% 30-yr rate. Median Baltimore home: $219300.

Earnings levelSalaryMax homeMedian home?
Entry (10th)$62790$252277Yes
Median$95010$381730Yes
Top (90th)$172340$692426Yes

What’s this salary worth in another city?

What you earn (or want to compare)

Take-home pay for a Financial Analyst in Baltimore

Estimated pay after federal, FICA, and MD state taxes (2026). Prefilled with the local average — adjust for your situation.

Estimate only — not tax advice. Tax year 2026, federal + FICA + state (single or married filing jointly). Excludes local/city income taxes (e.g., NYC, Philadelphia) and individual credits. See our methodology.

Baltimore at a glance

Population577193
Median household income$59623
Median home value$219300
Median rent$1290/mo
Cost of living (RPP, U.S.=100)104.487
Bachelor’s degree or higher18.1%
Poverty rate19.4%

In Baltimore, MD, Financial Analysts earn a median of $95,010 a year — about 16% below the U.S. median of $112,950. Among the 50 metros tracked here for this role, that ranks #21.

What that pay is worth in Baltimore

Local prices run 104 on the BEA cost-of-living index (U.S. = 100), so a $109,250 salary buys less than it looks — about $104,558 in national-average buying power.

Can Financial Analysts afford a home in Baltimore?

A typical Baltimore home runs about $219,300 — 2.0 times the average Financial Analyst salary, very affordable against the classic 3x rule of thumb. Median rent near $1,290/mo takes roughly 14% of gross pay — within the 30% comfort line.

The Financial Analyst pay ladder in Baltimore

Entry-level (10th percentile) Financial Analysts earn about $62,790; the top 10% reach $172,340 — a $109,550 spread, wide for this field. Most of that gap comes down to experience, employer, and how hard you negotiate.

The Financial Analyst job market in Baltimore

Baltimore employs roughly 1,850 Financial Analysts. It’s a sizable local market to build a career in.

Compare Baltimore with other cities

See the full Financial Analyst salary by city ranking to weigh Baltimore against the other metros on both pay and cost-adjusted value, or use the cost-of-living calculator to compare any two cities directly.

Frequently asked questions

How much do Financial Analysts make in Baltimore?

The average Financial Analyst in Baltimore, MD earns about $109,250 per year, 3.3% below the national average of $112,950.

What is the take-home pay for Financial Analysts in Baltimore after taxes?

After federal and MD taxes, this $109,250 salary is worth about $80,694 a year - roughly $6,724 a month in take-home pay, an effective tax rate near 26%.

What do the highest-paid Financial Analysts earn in Baltimore?

The top 10% of Financial Analysts in Baltimore earn about $172,340 a year, versus about $62,790 for the bottom 10%.

Can Financial Analysts afford a home in Baltimore?

A typical Baltimore home runs about $219,300 - roughly 2.0x this salary, within reach by the classic 3x rule of thumb.

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