As of July 01, 2026, the average salary for a Financial Assistant I in Maryland is $49,389 per year, which breaks down to an hourly rate of $24.
However, a Financial Assistant I's salary can vary significantly. Here’s a look at the typical salary range:
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Financial Assistant I Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $54,760 | $4,563 | $1,053 | $26 |
| Average | $49,389 | $4,116 | $950 | $24 |
| 25th Percentile | $43,677 | $3,640 | $840 | $21 |
LifeBridge Health - Owings Mills, MD
Confidential - Baltimore, MD
Confidential - Baltimore, MD
Confidential - Silver Spring, MD
A Financial Assistant I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Financial Assistant I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Financial Assistant I | 0-1 years | $49,389 |
| Financial Assistant II | 1-3 years | $57,160 |
| Financial Assistant III | 3-5 years | $63,759 |
| Financial Assistant IV | 5-7 years | $70,649 |
| Finance Supervisor | 7+ years | $93,388 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Financial Assistant Is. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Financial Assistant I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $55,241. While startup companies pay approximate $46,717.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $46,717 |
| Growth Stage | 51~500 | $49,411 |
| Established | 501~5000 | $53,346 |
| Enterprise | 5000+ | $55,241 |
For Financial Assistant I roles, the industry you choose can affect earning potential by as much as 47% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Biotechnology sectors offer the strongest compensation, at 22% above the average. In contrast, Financial Assistant positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Financial Assistant I as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $60,254 | $29.0 | 22% |
| Biotechnology | $59,266 | $28.0 | 20% |
| Internet | $58,279 | $28.0 | 18% |
| Energy & Utilities | $56,797 | $27.0 | 15% |
| Pharmaceuticals | $56,303 | $27.0 | 14% |
Understanding how a Financial Assistant I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $54,760 | $4,563 | $1,053 | $26 |
| Average | $49,389 | $4,116 | $950 | $24 |
| 25th Percentile | $43,677 | $3,640 | $840 | $21 |
For a Financial Assistant I, the most direct path to higher earnings is advancing to the Financial Assistant II role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $57,160 - a projected growth of 16% over your current level.
Ready to take the next step in your career? Browse thousands of current Financial Assistant I job openings on our job board. Use the search bar below to find your perfect match.
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