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As of August 01, 2026, the average salary for a Business Development Officer in Maryland is $139,083 per year, which breaks down to an hourly rate of $67.
However, a Business Development Officer's salary can vary significantly. Here’s a look at the typical salary range:
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Business Development Officer Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $153,392 | $12,783 | $2,950 | $74 |
| Average | $139,083 | $11,590 | $2,675 | $67 |
| 25th Percentile | $128,420 | $10,702 | $2,470 | $62 |
FVCbank - Bethesda, MD
Truist - Columbia, MD
HHA Home Care LLC - Rockville, MD
Rapid Finance - Bethesda, MD
A Business Development Officer'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 Business Development Officer'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 Business Development Officer | $174,261 |
| Business ... Level Business Development Officer | $119,521 |
| Business ... Level Business Development Officer | $138,031 |
| Business ... Level Business Development Officer | $181,567 |
| Business ... Level Business Development Officer | $219,865 |
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 Business Development Officers. 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 Business Development Officer 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, Business Development Officer positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Business Development Officer as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $208,625 | $100.0 | 50% |
| Aerospace & Defense | $180,808 | $87.0 | 30% |
Understanding how a Business Development Officer'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 | $153,392 | $12,783 | $2,950 | $74 |
| Average | $139,083 | $11,590 | $2,675 | $67 |
| 25th Percentile | $128,420 | $10,702 | $2,470 | $62 |
Ready to take the next step in your career? Browse thousands of current Business Development Officer job openings on our job board. Use the search bar below to find your perfect match.
DreamCrafters Management
Columbia, MD
DreamCrafters Management | Columbia, MD
Dreamcrafters Management. Dreamcrafters Management is a business development and sales company that executes promotional campaigns to drive sales on behalf... more
7 Days Ago
MITAGS
Linthicum Heights, MD
MITAGS | Linthicum Heights, MD
Job Description. Job Description. Description. Maritime Business Development Manager. Strategic Partnerships • Business Development • Maritime Training. Lo... more
7 Days Ago
Northrop Grumman (Corporate)
Elkton, MD
Northrop Grumman (Corporate) | Elkton, MD
Staff Business Development Representative. Northrop Grumman Defense Systems is seeking a Staff Business Development Representative to support our Propulsio... more
8 Days Ago
Skilled Wound Care
Baltimore, MD
Skilled Wound Care | Baltimore, MD
Job Description. Job Description. At Skilled Wound Care, we don't just fill roles - we build partnerships, and our culture is the foundation everything is ... more
8 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
8 Days Ago
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
9 Days Ago
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