Chief Executives Salary
Chief Executives in Maryland make a median of $248,660 a year, or about $119.55 an hour. The range runs from $140K at the entry level to $487K for experienced workers. Adjusted for local prices (RPP 98.76), that's roughly $251,782 in purchasing power. Rent on a 2-bedroom averages $1,795/month, or 12.4% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Maryland. Jump to a metro for precise data:
So what does $249K get you in Maryland?
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What this looks like in Maryland
Maryland sits well above the national pay line for chief executives, local pay runs about 16% higher than the U.S. median of $214K. Housing is manageable: a 2-bedroom at the HUD median costs $1,795/month, 12.7% of take-home, well inside the 30% guideline. Cost of living (RPP 98.76) is near the national average, so spending patterns here track the typical American budget fairly closely. Combined with manageable housing costs, Maryland offers a genuinely strong financial position for chief executivess at the median.
Compensation breakdown
Annual earnings by percentile, Maryland
Entry-level chief executives (10th percentile) start around $140K. Mid-career wages sit at $249K. Top earners bring in $487K or more, a $347K spread from bottom to top.
Chief Executives salary by metro in Maryland
3 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Baltimore-Columbia-Towson | $268K | +8% | 1,970 |
| Lexington Park | $260K | +5% | 50 |
| Hagerstown-Martinsburg | $142K | -43% | 110 |
Compare to other states
Track chief executives salary changes
BLS updates this data quarterly. We'll email you when Maryland numbers change.
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Frequently asked questions
Can a chief executif afford a 2BR apartment alone in Maryland?
Yes — at the median salary of $249K, rent takes 12.7% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,795/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for chief executives in Maryland?
The 10th-percentile wage — what new chief executives typically earn — is $140K/year. Take-home on that works out to about $8,399/month. At HUD’s $1,795/month FMR, rent would take 21% of that take-home — manageable on an entry-level income.
Is chief executif a high-paying job in Maryland?
Local pay is 16% above the national median — $249K here vs. $214K nationally.
How does Maryland compare to the national average for chief executives?
Maryland pays $249K median vs. the U.S. average of $214K — that’s +16%. After adjusting for local cost of living (RPP 98.76), the purchasing-power equivalent is $252K — still ahead of the national median.
How much do chief executives make in Maryland?
The median is $248,660 a year, that works out to about $120 an hour. But the range is wide: entry-level workers start around $139,990, and experienced chief executives can clear $486,860. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $249K enough to live in Maryland?
On that salary, you'd take home roughly $14,110/month after taxes. A 2-bedroom here rents for about $1,795/month, which eats 12.7% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a chief executives salary go in Maryland?
Maryland has a Regional Price Parity of 98.76 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median chief executives salary is worth about $251,782 in national-average purchasing power.
Where do chief executives get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.