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As of August 01, 2026, the average salary for a Strategic Business Development in Maryland is $136,700 per year, which breaks down to an hourly rate of $66.
However, a Strategic Business Development's salary can vary significantly. Here’s a look at the typical salary range:
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Strategic Business Development Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $149,470 | $12,456 | $2,874 | $72 |
| Average | $136,700 | $11,392 | $2,629 | $66 |
| 25th Percentile | $125,269 | $10,439 | $2,409 | $60 |
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A Strategic Business Development'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 Strategic Business Development'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:
| Levels | Salary |
|---|---|
| Business ... Level Strategic Business Development | $175,587 |
| Business ... Level Strategic Business Development | $120,430 |
| Strategic... Level Strategic Business Development | $139,082 |
| Business ... Level Strategic Business Development | $182,949 |
| Business ... Level Strategic Business Development | $221,538 |
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 Strategic Business Developments. 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:
For Strategic Business Development roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Aerospace & Defense sectors offer the strongest compensation, at 50% above the average. In contrast, Strategic Business Development positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Strategic Business Development as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $205,050 | $99.0 | 50% |
| Aerospace & Defense | $177,710 | $85.0 | 30% |
Understanding how a Strategic Business Development'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 | $149,470 | $12,456 | $2,874 | $72 |
| Average | $136,700 | $11,392 | $2,629 | $66 |
| 25th Percentile | $125,269 | $10,439 | $2,409 | $60 |
Ready to take the next step in your career? Browse thousands of current Strategic Business Development job openings on our job board. Use the search bar below to find your perfect match.
American States Water
Suitland, MD
American States Water | Suitland, MD
Business Development SpecialistThrough its wholly owned subsidiaries, American States Utility Services, Inc. contracts with the federal government to provi... more
2 Days Ago
CFS
Baltimore, MD
CFS | Baltimore, MD
Our client is growing fast &CloseCurlyDoubleQuote. and they're looking for a driven Business Development Specialist to help expand their footprint across t... more
2 Days Ago
Riggs Industries
Baltimore, MD
Riggs Industries | Baltimore, MD
Job Description. Job Description. Riggs Industries is looking for a Business Development Specialist to promote the capabilities of our full-service industr... more
2 Days Ago
Leap
Columbia, MD
Leap | Columbia, MD
Job Description. Job Description. About Us. At Leap, we're on a mission to transform the home improvement industry - and we want you to be part of that jou... more
2 Days Ago
Hillis-Carnes
21152, MD
Hillis-Carnes | 21152, MD
Job Description. Job Description. Position Summary: The Business Development Associate will support the success of Hillis-Carnes companies by individual ac... more
3 Days Ago
Sinclair Broadcast Group
Cockeysville, MD
Sinclair Broadcast Group | Cockeysville, MD
Digital Remedy is seeking a highly motivated and experienced Business Development Executive with a proven track record of success in selling programmatic a... more
4 Days Ago
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