FinanceUpdated Q1 2025

Chief Financial Officer Salary
in Baltimore, MD

Lead financial strategy, planning, and reporting for the entire organization. Median salary in Baltimore: $288K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$288K
per year
Take-home: $186K

Salary range in Baltimore

Entry level (25th)$201,000
Median (50th)$288,000
Senior (75th)$414,000
Top earner (90th)$598,000

Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Baltimore, Maryland.

Key facts for Baltimore

Median salary
$288K
annual
Take-home pay
$186K
after fed/state tax
COL index
115
100 = US avg
State income tax
5.75%
annual
Avg 1BR rent
$1,600
per month
YoY growth
+3.5%
salary trend

Salary forecast: Baltimore Chief Financial Officer to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2025. At current growth rates, median salary reaches $288K by 2030.

Salary trend & forecast — Baltimore

Historical (2019–2025) + projected to 2030 based on BLS growth rates

HistoricalProjected
Chief Financial Officer salary trend 2019–2030PROJECTED →$241K$262K$284K$305K$326K201920212023202520272029
2026
$295K
projected
2027
$303K
projected
2028
$310K
projected
2029
$318K
projected
2030
$326K
projected

Projections based on BLS Employment Projections 2022–2032 CAGR and WEF Jobs Report 2025. Not financial advice.

YearProjected median salaryvs today
2027 projected$288,000+$0
2028 projected$288,000+$0
2029 projected$288,000+$0
2030 projected$288,000+$0

Projections use compound annual growth rate (CAGR) from BLS occupational outlook data. Actual salaries may vary.

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Chief Financial Officer Salary in Baltimore, Maryland: Complete Guide (2026)

The median Chief Financial Officer salary in Baltimore, MD is $288,000 per year as of Q1 2025. This figure represents the midpoint of all reported compensation for this role in the Baltimore–MD metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.

Salary range for Chief Financial Officer in Baltimore

Entry-level Chief Financial Officers in Baltimore with 0–2 years of experience typically earn between $201,000 and $288,000 annually. Mid-career professionals with 3–7 years command $288,000 to $414,000, while senior-level practitioners with 8+ years of experience regularly earn $414,000 to $598,000 or more.

Cost of living in Baltimore for Chief Financial Officers

Baltimore has a cost of living index of 115 compared to the US national average of 100. Baltimore's cost of living is above the US average, so the salary figures above reflect local market rates. Maryland has a 5.75% state income tax rate.

Education requirements for Chief Financial Officer

Bachelor's in Finance; MBA or CPA; 15+ years experience. 30% of these roles offer some remote flexibility.

Chief Financial Officer salary in nearby cities

CityMedian salaryCOL index
Baltimore (current)$288K115
Frederick115
Rockville148
Bethesda165