Financial Advisor Pay

Baltimore vs Waldorf: Financial Advisor Salary (2026)

Compare financial advisor salaries between Baltimore, MD and Waldorf, MD. All figures are 2026 estimates projected from BLS 2025 data.

Baltimore, MD
$102,236
$49.15/hr
Waldorf, MD
$119,019
$57.22/hr

Side-by-Side Comparison

MetricBaltimore, MDWaldorf, MD
Median Salary$102,236$119,019
Hourly Rate$49.15$57.22
Entry Level (P10)$49,698$69,031
25th Percentile$65,172$85,694
75th Percentile$183,368$152,345
Top Earner (P90)$426,412$184,479
Total Employed3,24015
Side-by-side bar chart comparing Baltimore ($102,236) and Waldorf ($119,019) financial advisor salaries.BaltimoreWaldorfMedian Salary$102,236$119,019Entry Level (P10)$49,698$69,031Top Earner (P90)$426,412$184,479US Median $108,537

Verdict

Baltimore and Waldorf are closely matched on overall financial advisor compensation, each winning on different metrics.

The salary gap between Baltimore and Waldorf is $16,783 (16.42%). Waldorf's median is +9.66% 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,Waldorf spans $115,448. Baltimore has a wider pay range, meaning more potential for high earners but also more variation.

Baltimore
P10 (Entry)$49,698
P25$65,172
Median$102,236
P75$183,368
P90 (Top)$426,412
Waldorf
P10 (Entry)$69,031
P25$85,694
Median$119,019
P75$152,345
P90 (Top)$184,479

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Waldorf ($108,892 effective) pays 11.29% more than Baltimore ($97,846 effective).

Baltimore
Nominal: $102,236
CoL Index: 104.487
Adjusted: $97,846
Waldorf
Nominal: $119,019
CoL Index: 109.3
Adjusted: $108,892

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Baltimore if…

  • Better top-earner potential ($426,412)
  • Larger job market (3,240 employed)
  • You prefer the Maryland area and lifestyle

Choose Waldorf if…

  • Higher median salary ($119,019/year)
  • Better purchasing power (CoL-adjusted: $108,892)
  • 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 -15.9% growth in Waldorf over the same period.

Baltimore, MD

+21.0%

$81,800 (2019) → $98,970 (2025)

Waldorf, MD

+-15.9%

$137,071 (2024) → $115,217 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Baltimore or Waldorf?

Waldorf has a higher median financial advisor salary at $119,019/year, compared to Baltimore at $102,236/year — a difference of $16,783 (16.42%).

What is the hourly rate difference between Baltimore and Waldorf?

Baltimore financial advisors earn $49.15/hr while Waldorf hygienists earn $57.22/hr (2026 est.).

Should I relocate from Baltimore to Waldorf as a financial advisor?

Consider more than just salary when comparing Baltimore and Waldorf. Factor in cost of living (CoL-adjusted: Baltimore = $97,846, Waldorf = $108,892), job availability (3,240 vs 15 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Baltimore vs Waldorf?

Entry-level (10th percentile) financial advisors earn $49,698 in Baltimore and $69,031 in Waldorf. The Waldorf area offers higher starting salaries.

Related Comparisons

JL

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.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

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