Baltimore vs Hagerstown: Financial Advisor Salary (2026)
Compare financial advisor salaries between Baltimore, MD and Hagerstown, MD. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Baltimore, MD | Hagerstown, MD |
|---|---|---|
| Median Salary | $102,236▲ | $95,418 |
| Hourly Rate | $49.15▲ | $45.88 |
| Entry Level (P10) | $49,698▲ | $48,685 |
| 25th Percentile | $65,172▲ | $56,805 |
| 75th Percentile | $183,368▲ | $159,051 |
| Top Earner (P90) | $426,412▲ | $361,395 |
| Total Employed | 3,240▲ | 60 |
Verdict
Baltimore, MD offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Hagerstown.
The salary gap between Baltimore and Hagerstown is $6,818 (7.15%). Baltimore's median is -5.81% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Baltimore spans $376,714,Hagerstown spans $312,710. Baltimore has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Hagerstown ($101,324 effective) pays 3.56% more than Baltimore ($97,846 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Baltimore if…
- ✓Higher median salary ($102,236/year)
- ✓Better top-earner potential ($426,412)
- ✓Larger job market (3,240 employed)
- ✓You prefer the Maryland area and lifestyle
Choose Hagerstown if…
- ✓Better purchasing power (CoL-adjusted: $101,324)
- ✓You prefer the Maryland area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Baltimore grew 21.0% from 2019 to 2025, compared to -3.2% growth in Hagerstown over the same period.
Baltimore, MD
$81,800 (2019) → $98,970 (2025)
Hagerstown, MD
$95,440 (2019) → $92,370 (2025)
View Full Salary Data
Baltimore, MD
Hagerstown, MD
Frequently Asked Questions
Which city pays financial advisors more: Baltimore or Hagerstown?
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Written by Jordan Lee, CFP
Career Analyst
Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.
Methodology & Data Source
All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.
Data Sources & Methodology
Source: BLS, OEWS , released .
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov