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Corporate Counsel Salary in Baltimore, MD

How much does a corporate counsel make in Baltimore? Explore median, entry-level, and senior salaries adjusted for Baltimore's cost of living.

Median Salary
$139,380
per year in Baltimore
Entry Level
$76,434
Starting salary
Senior Level
$233,798
Experienced professionals
Cost of Living
110
10% above national avg

Salary Breakdown by Experience Level

See how corporate counsel salaries break down across different pay periods in Baltimore.

PeriodEntry LevelMedianSenior
Annual$76,434$139,380$233,798
Monthly$6,370$11,615$19,483
Biweekly$2,940$5,361$8,992
Weekly$1,470$2,680$4,496
Hourly$37$67$112

Baltimore vs National Average

How Baltimore's corporate counsel salaries compare to national figures.

Baltimore Salary
$139,380
COL Index: 110
National Average
$125,270
COL Index: 100
Difference
+$14,110
Higher in Baltimore

Cost of Living in Baltimore

1-Bedroom Rent
$1,550
per month
Median Income
$54,328
per year
Population
585,708
residents
Rent % of Income
34.2%
median household
Cost of Living Index: 110 — A score of 100 represents the U.S. average. Salaries in Baltimore have been adjusted to account for local cost differences.

About Corporate Counsel

Overview

Provide legal advice and representation for corporations.

Education

Juris Doctor (JD) and Bar license; corporate experience required

Key Skills

Corporate LawLegal CounselNegotiationRisk Management

Growth Rate

Expected job growth: +17% over the next decade

Compare Cities: Corporate Counsel Salary

See Corporate Counsel salaries in other top cities.

New York, NY
$203,450
+46%
Los Angeles, CA
$205,900
+48%
Chicago, IL
$166,090
+19%
Houston, TX
$139,460
+0%
Phoenix, AZ
$135,600
-3%

Financial Tools to Explore

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Corporate Counsel Salary in Baltimore, MD — Complete Guide

Median Salary Overview

The median salary for a corporate counsel in Baltimore, MD is $139,380 per year, adjusted for the local cost of living index of 110. This figure reflects typical earnings for experienced professionals in this role, considering Baltimore's unique economic conditions.

Salary Range and Experience Levels

Entry-level corporate counsel professionals in Baltimore can expect to earn around $76,434 annually. As professionals gain experience, salaries typically increase, with senior-level corporate counsels earning approximately $233,798 per year. This represents a 206% increase from entry to senior level.

Cost of Living Adjustment

Baltimore's cost of living index of 110 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Baltimore are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $125,270, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a corporate counsel's salary in Baltimore typically goes toward housing. With a 1-bedroom apartment averaging $1,550 per month, housing represents about 13.3% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Corporate Counsels are in growing demand across the United States, with an expected job growth of 17% over the next decade. In Baltimore, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.