How much does a Financial Analyst make in Maryland?

BLS puts the average Financial Analyst pay in Maryland at $116,600 a year (BLS, May 2025). On that pay in Maryland, after federal taxes, FICA, and Maryland state taxes, your estimated take-home pay is approximately $83,066 annually ($6,922/month).

What is the take-home pay for a Financial Analyst in Maryland?

On a $116,600 salary in Maryland, your take-home pay is approximately $83,066/year or $6,922/month. Federal tax: $16,822. State tax: $5,280. FICA: $8,920. MD county tax (2.25% assumed): $2,512.

Is $116,600 a good Financial Analyst salary?

$116,600 is the BLS average Financial Analyst pay in Maryland, about the same as the US average of $116,800 (BLS, May 2025). The middle 50% in Maryland earn between $80,550 and $134,690.

How do Maryland taxes affect Financial Analyst salaries?

Maryland levies state income tax on top of federal taxes. Your estimated state tax on $116,600 is $5,280. Your total effective tax rate is approximately 28.8%.

What are the career growth prospects for Financial Analysts?

In Maryland, the top 10% earn over $183,320 and the bottom 10% under $64,690 (BLS, May 2025). 8% growth through 2032 (faster than average). Related roles include: Investment Analyst, Equity Analyst, Budget Analyst, Portfolio Manager.

How can a Financial Analyst in Maryland reduce their tax bill?

Maximize your 401(k) contribution ($24,500 in 2026) to reduce taxable income. An HSA ($4,400 single / $8,750 family) adds further pre-tax savings. These strategies can save thousands annually — use our calculator to see your exact savings.

Finance

Financial Analyst Salary in Maryland (2026)

Average Financial Analyst pay in Maryland

$116,600/year

≈ $56/hour before tax

Middle 50% earn $80,550–$134,690

US average: $116,800

Source: BLS, May 2025

After tax (single filer)

$83,066/year

$6,922/month · effective tax rate 28.76%

Federal $16,822
State $5,280
MD county (2.25% min.) $2,512
FICA $8,920
Take-home

Pay by role in Maryland

VP / Director Finance (Fortune 500)$205,000–$345,000+ TC
Senior Finance Manager$140,000–$215,000
Senior FA (Corporate / Hospitality)$95,000–$145,000
Senior FA (Asset Management)$105,000–$165,000
Senior FA (Defense / Cleared)$115,000–$175,000
FA (Mid-Level, 3-6 yrs)$75,000–$110,000

See all 10 roles with notes

See the full tax breakdown

Category	Amount
Annual Take-Home Pay	$83,066
Monthly Take-Home Pay	$6,922
Biweekly Take-Home Pay	$3,195
Hourly Take-Home Pay based on 2,080 hrs/year	$40/hr
Federal Tax	$16,822
State Tax	$5,280
MD County Tax (2.25% min.)	$2,512
FICA Taxes	$8,920
Effective Tax Rate total taxes ÷ gross salary	28.76%

Estimates only — not tax advice. · Full disclaimer →

Not all Financial Analysts earn the same — not even close

Maryland's financial analyst market is anchored by T. Rowe Price Baltimore HQ (Fortune 500 asset manager, ~$1.4T AUM, ~7,000 Baltimore employees), Marriott International HQ Bethesda (Fortune 500 hospitality, ~150,000 employees globally), McCormick & Company HQ Hunt Valley (Fortune 500 spices/seasonings), Constellation Energy HQ Baltimore (post-Feb 2022 Exelon spin-off, Fortune 200 utility), Lockheed Martin HQ Bethesda corporate finance + IR + treasury, plus GEICO Chevy Chase, Choice Hotels Rockville, and Under Armour Locust Point. Wall Street IB / HF / PE buy-side ceilings don't exist in MD outside specific T. Rowe Price + Brown Advisory senior PM bands.

VP / Director Finance (Fortune 500)

$205,000–$345,000+ TC

Marriott IR + corp finance VPs · McCormick · Constellation Energy CFO ladder · Lockheed IR director

Senior Finance Manager

$140,000–$215,000

MBA + 8-12 years · corporate FP&A at Marriott, McCormick, T. Rowe, Constellation, GEICO

Senior FA (Corporate / Hospitality)

$95,000–$145,000

Most common senior IC band · FP&A across MD Fortune 500 · Marriott hospitality specialty depth

Senior FA (Asset Management)

$105,000–$165,000

T. Rowe Price senior FA · Brown Advisory · Legg Mason legacy · Baltimore buy-side analytics

Senior FA (Defense / Cleared)

$115,000–$175,000

Lockheed Martin Bethesda finance · Northrop Grumman · cleared work premium · TS/SCI for some

FA (Mid-Level, 3-6 yrs)

$75,000–$110,000

Post-CPA or post-MBA · transitioning from analyst to senior · CFA progress phase

Junior FA / Analyst (0-3 yrs)

$58,000–$85,000

Hopkins Carey + UMD Smith + Loyola Sellinger pipeline · T. Rowe rotational · entry band

Senior Equity Research Analyst

$165,000–$255,000

T. Rowe Price equity research · Stifel sell-side · sector specialist analyst

Director Treasury (Fortune 500)

$185,000–$295,000

Marriott treasury · Lockheed treasury · McCormick treasury · Constellation Energy treasury

Senior Federal Budget Analyst

$95,000–$155,000

NIH + Walter Reed + federal agency budget analyst · GS-13/14 federal scale plus locality

Worth knowing: Maryland's distinctive Fortune 500 cluster around Bethesda + Baltimore creates a corporate finance career market unique among US states. Marriott International HQ Bethesda (world's largest hotel chain by rooms, ~150,000 global employees, Fortune 500, ~$25B revenue) operates substantial corporate finance, IR, treasury, and FP&A functions plus dedicated hospitality industry analytics. McCormick & Company HQ Hunt Valley (Fortune 500, $6.5B+ revenue, world's largest spice/seasoning manufacturer) anchors consumer products corporate finance. Constellation Energy HQ Baltimore (Fortune 200, post-Feb 2022 spin-off from Exelon, largest US nuclear power generation operator) drives utility/energy finance career depth. Lockheed Martin HQ Bethesda corporate finance + IR + treasury at Fortune 100 scale. T. Rowe Price Baltimore senior portfolio managers provide buy-side career ceiling at $285-685K TC. The MD 1% city earnings tax does NOT exist (MD has no city earnings tax statewide); the binding rate is the mandatory county piggyback — Montgomery County 3.20% (top piggyback nationally for Bethesda federal contractor cluster employees) plus state brackets means combined effective ~7.8% at $150K senior FA comp and a 9.45% combined marginal rate above $500K under the 2025 BRFA's 6.25% bracket; the county-residency arbitrage among Anne Arundel (2.94%) vs Montgomery (3.20%) saves $390-585/year at $100K-$150K comp tiers.

Sources & Methodology

Salary figures are market estimates for Financial Analysts in Maryland and vary by employer, specialty, seniority, and metro. Take-home math assumes a single filer with no dependents, the standard deduction, and Maryland 2026 state rates. Local taxes, insurance premiums, and pre-tax contributions will move your number — run the calculator for your own situation.

Run your own numbers