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Average Marketing Managers Salary in Maryland

Marketing Managers in Maryland earn an average annual salary of $161,450, which is slightly below the national average of $172,340. This localized pay rate reflects a combination of the state's economic landscape, industry demand, and the presence of a significant professional workforce. Maryland's robust economy and proximity to major business hubs often influence compensation for specialized roles like marketing management.

Executive Summary

  • Average Salary: $161,450 per year.
  • Growth Trend: Salaries have shifted 7.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $242,175.
  • Outlook: With a local workforce of 6,880 Marketing Managers and a Location Quotient of 1.0, the job market in Maryland is aligned with the national average in terms of concentration. The figure of 2.505 jobs per 1,000 workers indicates a steady presence of these roles, suggesting a stable demand that supports the existing workforce. This equilibrium points to a mature market where opportunities are consistent.
2024 Market Data

Salary Overview

$161,450

The average Marketing Managers in Maryland earns-6.3%below the national average.

BreakdownBased on 40h/week
Hourly

$77.6

Weekly

$3,105

Monthly

$13,454

Marketing Managers Salary Distribution in Maryland

The salary trajectory for Marketing Managers in Maryland typically scales significantly with experience. Entry-level positions might start in the lower percentiles, while seasoned professionals with extensive strategic and leadership experience can command salaries in the higher percentiles, potentially exceeding $200,000. These percentile gaps clearly signify the career progression and increased value senior managers bring to organizations.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$80,620$38.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$121,088$58.2
ManagerOversees team, compliance, and project delivery.50% (Median)$154,080$74.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$201,813$97
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$242,175$116.4

Detailed Marketing Managers Market Analysis

Relocation Context

Nominal Salary

$161,450

Gross Pay

Real Wage (Purchasing Power)

$129,057

Adjusted for COL (125.1)

The nominal average salary of $161,450 in Maryland must be considered alongside its Cost of Living Index of 125.1. This index, which is 25.1% higher than the national average, suggests that while the gross salary appears substantial, the purchasing power may be somewhat diminished due to higher living expenses. Careful budgeting is advised for those relocating to or within Maryland.

Job Market Context

6,880

Total Jobs

2.505

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Maryland has a slightly higher-than-average concentration of Marketing Managers roles compared to the national norm.

A Location Quotient of 1.0 for Marketing Managers in Maryland indicates that the concentration of these professionals in the state is precisely at the national average. This suggests a balanced market, neither over-saturated nor significantly understaffed relative to the general workforce. The job market is competitive, with opportunities generally reflecting the national landscape in terms of availability.

Nearby Job Markets

Nearby Cities for Marketing Managers

Comparing salaries near Maryland

Hiring Marketing Managerss?

Frequently Asked Questions

How much does a Marketing Managers make in Maryland?

The median annual salary for a Marketing Managers in Maryland is $161,450. This typically ranges from $80,620 for entry-level positions to $242,175 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Maryland is 6.3% lower than the national median of $172,340.

Is Maryland a lucrative place for Marketing Managerss?

Yes, with caveats.Maryland offers a strong average salary of $161,450 for Marketing Managers, though it falls slightly below the national average. However, the high cost of living means the effective purchasing power needs careful consideration.

Is Maryland a good place to live for Marketing Managers?

The Cost of Living Index in Maryland is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Maryland?

Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($189,850) and Baltimore-Columbia-Towson, MD.

How does Maryland's Marketing Manager salary compare to the national average?

The average salary for Marketing Managers in Maryland is $161,450, which is approximately $10,890 less than the national average of $172,340.

What is the Cost of Living in Maryland compared to the national average?

Maryland has a Cost of Living Index of 125.1, meaning it is 25.1% more expensive to live there than the national average, which is benchmarked at 100.

How concentrated is the Marketing Manager job market in Maryland?

The job market concentration, measured by the Location Quotient, is 1.0, indicating that Marketing Managers are employed in Maryland at the same rate as the national average.

How many Marketing Managers are there in Maryland?

There are approximately 6,880 Marketing Managers employed within the state of Maryland.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,880 employees in the Maryland area with a job density of 2.505 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.