Business Development Specialist
American States Water – Suitland, MD
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How much does an Associate Business Development Specialist make in Maryland? As of September 01, 2026, the average salary for an Associate Business Development Specialist in Maryland is $80,627 per year, which breaks down to an hourly rate of $39.
However, an Associate Business Development Specialist's salary can vary significantly. Here's a look at the typical salary range:
Associate Business Development Specialist Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $89,628 | $7,469 | $1,724 | $43 |
| Average | $80,627 | $6,719 | $1,551 | $39 |
| 25th Percentile | $73,599 | $6,133 | $1,415 | $35 |
An Associate Business Development Specialist'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 an Associate Business Development Specialist'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 |
|---|---|---|
| Business Development Associate I | less than 1 year | $66,083 |
| Associate Business Development Specialist | 1-2 years | $78,752 |
| Business Development Associate III | 2-4 years | $102,126 |
| Business Development Associate IV | 5-8 years | $134,561 |
| Business Development Associate V | over 8 years | $172,612 |
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 Associate Business Development Specialists. 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 Associate Business Development Specialist 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 Pharmaceuticals and Biotechnology sectors offer the strongest compensation, at 25% above the average. In contrast, Associate Business Development Specialist positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Associate Business Development Specialist as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $100,784 | $48.0 | 25% |
| Biotechnology | $96,752 | $47.0 | 20% |
| Financial Services | $96,752 | $47.0 | 20% |
| Internet | $96,752 | $47.0 | 20% |
| Energy & Utilities | $92,721 | $45.0 | 15% |
Understanding how an Associate Business Development Specialist'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 | $89,628 | $7,469 | $1,724 | $43 |
| Average | $80,627 | $6,719 | $1,551 | $39 |
| 25th Percentile | $73,599 | $6,133 | $1,415 | $35 |
Ready to take the next step in your career? Browse thousands of current Associate Business Development Specialist job openings on our job board. Use the search bar below to find your perfect match.
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