As of July 01, 2026, the average salary for a Project Accountant I in Maryland is $73,397 per year, which breaks down to an hourly rate of $35.
However, a Project Accountant I's salary can vary significantly. Here’s a look at the typical salary range:
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Project Accountant I Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $81,010 | $6,751 | $1,558 | $39 |
| Average | $73,397 | $6,116 | $1,411 | $35 |
| 25th Percentile | $66,321 | $5,527 | $1,275 | $32 |
Jobot - Arbutus, MD
National Technology Integrators (NTI) - Rockville, MD
Amentum - Germantown, MD
Michael Baker International - Baltimore, MD
A Project Accountant 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 Project Accountant 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 |
|---|---|---|
| Project Accountant I | 0-2 years | $73,397 |
| Project Accountant II | 2-4 years | $82,989 |
| Project Accountant III | 4-7 years | $91,530 |
| Project Accounting Manager | 7+ years | $141,503 |
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 Project Accountant 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:
Project Accountant I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $82,094. While startup companies pay approximate $69,427.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $69,427 |
| Growth Stage | 51~500 | $73,430 |
| Established | 501~5000 | $79,277 |
| Enterprise | 5000+ | $82,094 |
For Project Accountant I roles, the industry you choose can affect earning potential by as much as 90% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Project Accountant positions in Software & Networking or MFG Nondurable typically offer lower base pay, as these industries often view Project Accountant I as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $95,416 | $46.0 | 30% |
| Financial Services | $91,746 | $44.0 | 25% |
| Internet | $88,076 | $42.0 | 20% |
| Energy & Utilities | $84,406 | $41.0 | 15% |
| Insurance | $82,204 | $40.0 | 12% |
Understanding how a Project Accountant 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 | $81,010 | $6,751 | $1,558 | $39 |
| Average | $73,397 | $6,116 | $1,411 | $35 |
| 25th Percentile | $66,321 | $5,527 | $1,275 | $32 |
For a Project Accountant I, the most direct path to higher earnings is advancing to the Project Accountant II role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $82,989 - a projected growth of 13% over your current level.
Ready to take the next step in your career? Browse thousands of current Project Accountant I job openings on our job board. Use the search bar below to find your perfect match.
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