What are the main factors that influence an Accounting and Settlement Associate's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Accounting and Settlement Associate?

The Financial Services industry offers the highest average compensation for Accounting and Settlement Associate roles, with salaries approximately 25% above the market median.

How does experience change An Accounting and Settlement Associate's salary?

An Accounting and Settlement Associate's salary grows with experience: starting around $42,502 for beginners, reaching about $44,549 at mid-level, and approach $44,803 for experts.

What are the highest paying states for an Accounting and Settlement Associate?

Accounting and Settlement Associate salary varies significantly by state. The top 3 highest paying states for Accounting and Settlement Associate roles are District of Columbia $47,022, California $46,843, Massachusetts $46,219. These tech hubs typically pay 10-15% above the national average.

How much do different types of Accounting and Settlement Associate roles make?

Salaries for Accounting and Settlement Associate level roles vary by specialization: Settlement & Reconciliations Accounting Manager: $141,400; Trading Settlement Accounting Manager: $141,383; Settlement & Reconciliations Accountant III: $68,500; Settlement & Reconciliations Analyst III: $68,470; Settlement & Reconciliations Accountant II: $62,100.

Accounting and Settlement Associate Salary in Maryland

How much does an Accounting and Settlement Associate make in Maryland? As of September 01, 2026, the average salary for an Accounting and Settlement Associate in Maryland is $43,790 per year, which breaks down to an hourly rate of $21.

However, an Accounting and Settlement Associate's salary can vary significantly. Here's a look at the typical salary range:

Top Earners (90th percentile): $50,755
Majority Range (25th-75th percentile): $40,872 to $47,436
Entry-Level (10th percentile): $38,215

10% $38,215

50% (Median) $43,790

90% $50,755

Accounting and Settlement Associate Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$47,436	$3,953	$912	$23
Average	$43,790	$3,649	$842	$21
25th Percentile	$40,872	$3,406	$786	$20

Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

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Check out Accounting and Settlement Associate Job Openings in Maryland

Accounting Associate

Rose Financial Solutions LLC – Rockville, MD

Accounting Associate

St. Vincent de Paul of Baltimore – Baltimore, MD

Automotive Accounting associate

Pohanka Automotive Group – Capitol Heights, MD

Principal Accounting Associate

Quantech Services – Oxon Hill, MD

Key Factors That Influence Accounting and Settlement Associate Salaries

An Accounting and Settlement Associate'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.

How Experience Level Affects Accounting and Settlement Associate Salaries?

Experience is a primary driver of an Accounting and Settlement Associate'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:

Entry-Level (less than 1 year): $42,502
Early Career (1-2 years): $43,132
Mid-Level (2-4 years): $44,549
Senior-Level (5-8 years): $44,701
Expert (over 8 years): $44,803

Job Role	Years of Experience	Average Salary
Entry Level Accounting and Settlement Associate	less than 1 year	$42,502
Early Career Level Accounting and Settlement Associate	1-2 years	$43,132
Mid-Level Level Accounting and Settlement Associate	2-4 years	$44,549
Senior-Level Level Accounting and Settlement Associate	5-8 years	$44,701
Expert Level Accounting and Settlement Associate	over 8 years	$44,803

How Do Accounting and Settlement Associate Salaries Vary from State to State?

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 Accounting and Settlement Associates. For example, consider the average annual salaries in these key locations:

District of Columbia: $47,022.
California: $46,843.
Massachusetts: $46,219.

District of Columbia $47,022 California $46,843 Massachusetts $46,219 Washington $46,049 New Jersey $46,032 Alaska $45,973 Connecticut $45,387 New York $45,149

Hawaii $44,389 Rhode Island $44,032 Maryland $43,790 Minnesota $43,459 Colorado $43,331 Illinois $43,289 Oregon $43,127 Delaware $43,008

New Hampshire $42,934 Virginia $42,766 Pennsylvania $42,278 Nevada $42,032 North Dakota $41,951 Michigan $41,823 Wisconsin $41,777 Vermont $41,683

Texas $41,424 Maine $41,407 Arizona $41,382 Ohio $41,352 Georgia $40,961 Indiana $40,766 Wyoming $40,728 Utah $40,668

Iowa $40,643 Kansas $40,439 Louisiana $40,380 North Carolina $40,358 Missouri $40,350 Florida $40,184 Montana $40,095 Nebraska $40,010

Kentucky $39,963 South Carolina $39,793 Tennessee $39,687 Idaho $39,645 New Mexico $39,335 Oklahoma $39,267 Alabama $39,016 South Dakota $38,596

Arkansas $38,366 West Virginia $38,243 Mississippi $37,874

Top Paying Cities for Accounting and Settlement Associate

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:

Owings: $45,088
Riverdale: $46,701
College Park: $46,648

Owings, MD $45,088

Riverdale, MD $46,701

College Park, MD $46,648

Fort Washington, MD $46,617

Oxon Hill, MD $46,752

Suitland, MD $46,737

District Heights, MD $46,714

Temple Hills, MD $46,738

Deale, MD $44,880

Dunkirk, MD $45,354

Fort George G Meade, MD $44,314

Friendship, MD $45,022

Fulton, MD $44,903

Andrews Air Force Base, MD $46,579

Savage, MD $44,380

Shady Side, MD $44,525

Galesville, MD $44,722

Greenbelt, MD $46,486

Glenn Dale, MD $45,973

Upper Marlboro, MD $46,017

Harwood, MD $44,894

Highland, MD $44,862

West River, MD $44,902

Tracys Landing, MD $44,934

Hyattsville, MD $46,739

Jessup, MD $44,162

Bethesda, MD $46,753

Glen Echo, MD $46,744

Chevy Chase, MD $46,748

Cabin John, MD $46,735

Olney, MD $45,682

Brookeville, MD $44,829

Poolesville, MD $45,224

Barnesville, MD $44,595

Beallsville, MD $44,677

Boyds, MD $45,018

Dickerson, MD $44,625

Rockville, MD $46,220

Potomac, MD $46,353

Derwood, MD $45,730

Sandy Spring, MD $45,463

Ashton, MD $45,363

Brinklow, MD $45,026

Burtonsville, MD $45,553

Montgomery Village, MD $45,180

Kensington, MD $46,709

Garrett Park, MD $46,653

Suburb Maryland Fac, MD $46,287

Silver Spring, MD $46,682

Takoma Park, MD $46,743

Aberdeen, MD $42,815

Aberdeen Proving Ground, MD $42,806

Abingdon, MD $43,137

Gunpowder, MD $43,397

Arnold, MD $43,903

Baldwin, MD $43,316

Bel Air, MD $42,956

Belcamp, MD $43,018

Benson, MD $42,759

Boring, MD $42,853

Brooklandville, MD $43,738

Butler, MD $43,256

Chase, MD $43,597

Churchville, MD $42,635

Clarksville, MD $44,386

Cockeysville, MD $43,339

Hunt Valley, MD $43,521

Crownsville, MD $44,200

Darlington, MD $42,258

Davidsonville, MD $44,844

Dayton, MD $44,358

Edgewater, MD $44,434

Edgewood, MD $43,268

Ellicott City, MD $43,824

Columbia, MD $44,152

Fallston, MD $43,155

Finksburg, MD $43,170

Forest Hill, MD $42,722

Fork, MD $43,462

Fort Howard, MD $43,737

Freeland, MD $41,863

Gambrills, MD $44,367

Gibson Island, MD $43,761

Glen Arm, MD $43,622

Glen Burnie, MD $43,813

Glyndon, MD $43,394

Hampstead, MD $42,396

Elkridge, MD $43,861

Hanover, MD $43,886

Harmans, MD $43,884

Havre De Grace, MD $42,537

Hydes, MD $43,466

Jarrettsville, MD $42,580

Joppa, MD $43,378

Kingsville, MD $43,475

Lineboro, MD $41,757

Linthicum Heights, MD $43,820

Long Green, MD $43,551

Spencerville, MD $45,486

Clarksburg, MD $44,491

Damascus, MD $44,107

Germantown, MD $45,426

Annapolis, MD $44,242

Cumberland, MD $40,190

Accident, MD $40,123

Barton, MD $40,312

Bittinger, MD $40,236

Bloomington, MD $40,379

Corriganville, MD $39,934

Eckhart Mines, MD $40,156

Ellerslie, MD $39,985

Flintstone, MD $40,200

Friendsville, MD $40,112

Frostburg, MD $40,101

Grantsville, MD $40,102

Kitzmiller, MD $40,105

Lonaconing, MD $40,239

Luke, MD $40,382

Mc Henry, MD $40,127

Midland, MD $40,374

Midlothian, MD $40,106

Mount Savage, MD $39,923

Oakland, MD $40,010

Oldtown, MD $40,255

Pinto, MD $40,329

Rawlings, MD $40,342

Spring Gap, MD $40,304

Swanton, MD $40,206

Westernport, MD $40,380

Easton, MD $43,365

Barclay, MD $43,003

Bethlehem, MD $43,058

Betterton, MD $43,035

Bozman, MD $43,735

Cambridge, MD $43,060

Centreville, MD $43,410

Chester, MD $43,745

Chestertown, MD $43,236

Church Creek, MD $42,992

Church Hill, MD $43,178

Claiborne, MD $43,813

Cordova, MD $43,218

Crapo, MD $42,613

Crocheron, MD $42,306

Crumpton, MD $42,954

Denton, MD $42,993

East New Market, MD $42,889

Federalsburg, MD $42,880

Fishing Creek, MD $42,771

Galena, MD $42,838

Goldsboro, MD $42,910

Grasonville, MD $43,662

Greensboro, MD $42,918

Henderson, MD $42,957

Hillsboro, MD $43,249

Hurlock, MD $42,898

Ingleside, MD $43,037

Kennedyville, MD $42,914

Mcdaniel, MD $43,796

Madison, MD $43,327

Marydel, MD $42,839

Massey, MD $42,848

Millington, MD $42,909

Neavitt, MD $43,789

Newcomb, MD $43,487

Oxford, MD $43,273

Preston, MD $43,042

Price, MD $43,207

Queen Anne, MD $43,320

Queenstown, MD $43,567

Rhodesdale, MD $42,641

Ridgely, MD $43,087

Rock Hall, MD $43,500

Royal Oak, MD $43,407

Saint Michaels, MD $43,701

Secretary, MD $43,052

Sherwood, MD $44,056

Deal Island, MD $41,982

Eden, MD $42,065

Ewell, MD $41,851

Fruitland, MD $42,209

Girdletree, MD $41,755

Hebron, MD $42,170

Linkwood, MD $42,765

Manokin, MD $41,926

Mardela Springs, MD $42,321

Marion Station, MD $41,779

Nanticoke, MD $42,151

Newark, MD $41,976

Ocean City, MD $42,178

Parsonsburg, MD $42,093

Pittsville, MD $42,094

Pocomoke City, MD $41,833

Powellville, MD $42,073

Princess Anne, MD $42,035

Quantico, MD $42,087

Rehobeth, MD $41,767

Sharptown, MD $42,554

Showell, MD $42,094

Snow Hill, MD $41,945

Stockton, MD $41,694

Tyaskin, MD $42,046

Tylerton, MD $41,901

Upper Fairmount, MD $42,029

Vienna, MD $42,411

Westover, MD $41,926

Whaleyville, MD $42,071

Willards, MD $42,088

Delmar, MD $42,200

North East, MD $42,576

Perry Point, MD $42,514

Perryville, MD $42,498

Port Deposit, MD $42,393

Rising Sun, MD $42,255

Warwick, MD $42,828

Cecilton, MD $42,799

Charlestown, MD $42,570

Chesapeake City, MD $42,798

Childs, MD $42,741

Stevensville, MD $43,857

Colora, MD $42,217

Conowingo, MD $42,145

Earleville, MD $42,758

Elk Mills, MD $42,755

Elkton, MD $42,724

Georgetown, MD $42,790

Lutherville Timonium, MD $43,701

Abell, MD $43,267

Accokeek, MD $46,235

Aquasco, MD $45,091

Avenue, MD $43,336

Barstow, MD $44,553

Bel Alton, MD $44,773

Benedict, MD $44,743

Brandywine, MD $45,797

Broomes Island, MD $44,047

Bryans Road, MD $46,145

Bryantown, MD $45,310

Bushwood, MD $43,367

California, MD $43,330

Callaway, MD $43,028

Chaptico, MD $43,779

Charlotte Hall, MD $44,440

Cheltenham, MD $46,225

Clements, MD $43,780

Cobb Island, MD $43,387

Coltons Point, MD $43,183

Compton, MD $43,418

Dameron, MD $42,480

Dowell, MD $43,465

Drayden, MD $42,582

Faulkner, MD $44,534

Great Mills, MD $43,098

Helen, MD $44,189

Hollywood, MD $43,586

Hughesville, MD $45,008

Huntingtown, MD $44,823

Indian Head, MD $45,102

Ironsides, MD $44,920

Issue, MD $43,621

La Plata, MD $45,230

Leonardtown, MD $43,258

Lexington Park, MD $42,965

Loveville, MD $43,712

Lusby, MD $43,546

Marbury, MD $45,464

Mechanicsville, MD $44,180

Morganza, MD $43,921

Mount Victoria, MD $43,416

Nanjemoy, MD $44,392

Newburg, MD $43,947

Park Hall, MD $42,839

Patuxent River, MD $43,066

Piney Point, MD $42,648

Pomfret, MD $45,721

Port Republic, MD $44,287

Port Tobacco, MD $45,063

Prince Frederick, MD $44,556

Ridge, MD $42,291

Rock Point, MD $43,931

Saint Inigoes, MD $42,427

Saint Leonard, MD $44,073

Saint Marys City, MD $42,831

Scotland, MD $42,011

Solomons, MD $43,426

Sunderland, MD $44,912

Tall Timbers, MD $42,702

Valley Lee, MD $42,719

Welcome, MD $44,783

White Plains, MD $45,726

Southern Md Facility, MD $46,284

Annapolis Junction, MD $44,262

Lanham, MD $46,459

Beltsville, MD $46,393

Laurel, MD $45,382

Bladensburg, MD $46,732

Lothian, MD $45,356

Mount Rainier, MD $46,754

North Beach, MD $44,726

Bowie, MD $45,374

Brentwood, MD $46,751

Capitol Heights, MD $46,730

Chesapeake Beach, MD $44,703

Churchton, MD $44,713

Clinton, MD $46,467

Still Pond, MD $43,037

Sudlersville, MD $42,957

Taylors Island, MD $43,338

Templeville, MD $42,842

Tilghman, MD $43,958

Toddville, MD $42,404

Trappe, MD $43,086

Wingate, MD $42,570

Wittman, MD $43,813

Woolford, MD $43,160

Worton, MD $43,185

Wye Mills, MD $43,491

Frederick, MD $42,999

Adamstown, MD $43,893

Big Pool, MD $40,772

Boonsboro, MD $42,224

Braddock Heights, MD $42,977

Brownsville, MD $42,851

Brunswick, MD $43,247

Buckeystown, MD $43,566

Burkittsville, MD $42,920

Cascade, MD $41,840

Cavetown, MD $41,787

Chewsville, MD $41,852

Clear Spring, MD $41,292

Cooksville, MD $43,805

Emmitsburg, MD $41,979

Fairplay, MD $41,953

Funkstown, MD $41,949

Glenelg, MD $44,269

Glenwood, MD $44,052

Hagerstown, MD $41,736

Hancock, MD $40,571

Ijamsville, MD $43,785

Jefferson, MD $43,290

Keedysville, MD $42,358

Keymar, MD $42,337

Knoxville, MD $43,020

Ladiesburg, MD $42,489

Libertytown, MD $42,881

Lisbon, MD $43,811

Little Orleans, MD $40,346

Maugansville, MD $41,585

Middletown, MD $42,819

Monrovia, MD $43,689

Mount Airy, MD $43,427

Myersville, MD $42,263

New Market, MD $43,251

New Midway, MD $42,488

New Windsor, MD $42,872

Point Of Rocks, MD $43,809

Rocky Ridge, MD $42,206

Rohrersville, MD $42,647

Sabillasville, MD $41,897

Saint James, MD $41,959

Sharpsburg, MD $42,295

Smithsburg, MD $41,825

Sykesville, MD $43,539

Taneytown, MD $42,080

Thurmont, MD $42,253

Tuscarora, MD $43,977

Union Bridge, MD $42,698

Unionville, MD $42,905

Walkersville, MD $42,753

West Friendship, MD $43,901

Williamsport, MD $41,782

Woodbine, MD $43,806

Woodsboro, MD $42,550

Salisbury, MD $42,200

Allen, MD $42,142

Berlin, MD $42,098

Bishopville, MD $42,108

Bivalve, MD $42,262

Manchester, MD $41,886

Marriottsville, MD $43,713

Maryland Line, MD $41,757

Mayo, MD $44,336

Millersville, MD $43,974

Monkton, MD $42,940

Odenton, MD $44,419

Crofton, MD $44,673

Owings Mills, MD $43,626

Parkton, MD $42,281

Pasadena, MD $43,773

Perry Hall, MD $43,654

Perryman, MD $42,927

Phoenix, MD $43,425

Pylesville, MD $42,029

Randallstown, MD $43,693

Reisterstown, MD $43,523

Riderwood, MD $43,786

Riva, MD $44,505

Severn, MD $43,967

Severna Park, MD $43,908

Simpsonville, MD $44,336

Sparks Glencoe, MD $43,073

Crisfield, MD $41,882

Stevenson, MD $43,722

Dhs, MD $46,246

Waldorf, MD $45,700

Street, MD $42,220

Upperco, MD $42,818

Upper Falls, MD $43,518

Westminster, MD $42,819

Whiteford, MD $42,012

White Hall, MD $42,224

White Marsh, MD $43,614

Woodstock, MD $43,733

Baltimore, MD $43,790

Towson, MD $43,785

Gwynn Oak, MD $43,799

Pikesville, MD $43,768

Sparrows Point, MD $43,743

Middle River, MD $43,652

Essex, MD $43,755

Dundalk, MD $43,797

Brooklyn, MD $43,798

Curtis Bay, MD $43,807

Halethorpe, MD $43,803

Catonsville, MD $43,825

Parkville, MD $43,778

Nottingham, MD $43,733

Rosedale, MD $43,789

Windsor Mill, MD $43,776

Gaithersburg, MD $45,634

Washington Grove, MD $45,658

Accounting and Settlement Associate Salary by Industry: Top Paying Sectors

For Accounting and Settlement Associate roles, the industry you choose can impact your earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 25% above the average. Conversely, Accounting and Settlement Associate positions in Business Services typically offer lower base pay, as this sector often view Accounting and Settlement Associate as a support function rather than a direct revenue driver.

The top paying industry for an Accounting and Settlement Associate

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Financial Services	$54,737	$26.0	25%

Accounting and Settlement Associate Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Accounting and Settlement Associate'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.

$40,872

Average $43,790/year

$47,436

$3,406

Average $3,649/month

$3,953

$786

Average $842/week

$912

$20

Average $21/hour

$23

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$47,436	$3,953	$912	$23
Average	$43,790	$3,649	$842	$21
25th Percentile	$40,872	$3,406	$786	$20

Find Your Next Accounting and Settlement Associate Job

Ready to take the next step in your career? Browse thousands of current Accounting and Settlement Associate job openings on our job board. Use the search bar below to find your perfect match.

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Accounting and Settlement Associate Salary in Maryland

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Key Factors That Influence Accounting and Settlement Associate Salaries

How Experience Level Affects Accounting and Settlement Associate Salaries?

How Do Accounting and Settlement Associate Salaries Vary from State to State?

Top Paying Cities for Accounting and Settlement Associate

Accounting and Settlement Associate Salary by Industry: Top Paying Sectors

The top paying industry for an Accounting and Settlement Associate

Accounting and Settlement Associate Salary: Hourly Rate, Weekly Pay, and Monthly Pay

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Accounting and Settlement Associate Salary in Maryland

Check out Accounting and Settlement Associate Job Openings in Maryland

Key Factors That Influence Accounting and Settlement Associate Salaries

How Experience Level Affects Accounting and Settlement Associate Salaries?

How Do Accounting and Settlement Associate Salaries Vary from State to State?

Top Paying Cities for Accounting and Settlement Associate

Accounting and Settlement Associate Salary by Industry: Top Paying Sectors

The top paying industry for an Accounting and Settlement Associate

Accounting and Settlement Associate Salary: Hourly Rate, Weekly Pay, and Monthly Pay

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