Financial Analysts in Maryland
Get the information you need to know about working as a Financial Analyst.
You’re in luck! Jobs for Financial Analysts in Maryland are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Financial Analysts in Maryland is growing faster than average.
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Financial Analysts in Maryland earn higher salaries than the typical U.S. wage earner.
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How Many Financial Analysts Work in Maryland?
There were approximately 5,640 workers employed as Financial Analysts in this state in 2018.
There were 6,260 Financial Analysts employed in this state in 2017.
That’s a decline of 620 jobs between 2017 and 2018.
The typical state has 2,900 Financial Analysts working in it, which means Maryland has more Financial Analysts than average.
Job Projections for Maryland
Jobs for Financial Analysts in this state are growing at a rate of 7.9% which is slower than the nationwide estimated projection of 10.8%.
Maryland Annual Job Openings
The BLS estimates there will be 590 annual job openings, and 6,950 total jobs in 2026 for Financial Analysts in this state.
Nationwide, the prediction is 29,000 annual jobs and 328,200 total jobs in 2026.
What do Financial Analysts Make in Maryland?
In 2018 wages for Financial Analysts ranged from $52,500 to $143,260 with $81,300 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $25.24 to $68.87. The median hourly rate was $39.09.
In 2017 the median pay for this field was $39.88 an hour.
The hourly rate declined by $0.79.
The median salary in Maryland is higher than the nationwide median salary.
Top Maryland Metros for Financial Analysts
The table below shows some of the metros in this state with the most Financial Analysts.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 11,570 | $89,830 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 10,800 | $84,590 |
| Baltimore-Columbia-Towson, MD | 2,860 | $78,330 |
| California-Lexington Park, MD | 180 | $72,350 |
| Salisbury, MD-DE | 160 | $81,260 |
Top States for Financial Analysts Employment
The table below shows the states where most Financial Analysts work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| New York | 53,250 | $107,160 |
| California | 37,900 | $95,680 |
| Texas | 26,850 | $83,060 |
| Illinois | 14,810 | $79,310 |
| Massachusetts | 13,400 | $87,060 |
| Florida | 13,400 | $69,060 |
| Pennsylvania | 11,980 | $82,010 |
| New Jersey | 10,560 | $94,070 |
| Ohio | 9,260 | $71,920 |
| North Carolina | 8,930 | $80,740 |
| Virginia | 8,550 | $86,550 |
| Georgia | 7,400 | $75,230 |
| Washington | 6,480 | $80,300 |
| Minnesota | 6,320 | $85,940 |
| Connecticut | 6,240 | $92,470 |
| Michigan | 6,090 | $78,490 |
| Maryland | 5,640 | $81,300 |
| Arizona | 5,330 | $74,200 |
| Tennessee | 4,510 | $69,130 |
| Missouri | 4,280 | $81,990 |
Below are the states where Financial Analysts get paid the most:
| State | Annual Median Salary |
|---|---|
| New York | $107,160 |
| California | $95,680 |
| New Jersey | $94,070 |
| Connecticut | $92,470 |
| District of Columbia | $91,390 |
| Colorado | $90,060 |
| Massachusetts | $87,060 |
| Virginia | $86,550 |
| Montana | $86,520 |
| Minnesota | $85,940 |
Related Careers in MD
Discover similar careers:
| Occupation | MD Employment Total |
|---|
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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