MD

Maryland

FIPS 24 · Pop. 6,206,011
7 Sources Jun 05, 2026
6,206,011
Population
334,922,499 U.S.
$103,678
Median Income
$80,734 national
$546.0B
GDP
3.2%
Unemployment
5.2% national

County Map

Click a county to view its economic profile

Demographics & Population

Census Bureau American Community Survey 2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
Median Household
$103,678
Per Capita
$52,979
Mean Household
$136,642
Poverty Rate
9.4%

Age & Race / Ethnicity

Source: Census Bureau ACS 2024 · Tables B01001, B02001, B03003 · Median Age: 39
65+: 16.7% (1,033,741 residents) 55-64: 13.3% (827,528 residents) 35-54: 26.2% (1,623,122 residents) 18-34: 21.7% (1,345,120 residents) Under 18: 22.2% (1,376,500 residents) 39 Median Age
Cohorts
Under 18 · 22.2%
18-34 · 21.7%
35-54 · 26.2%
55-64 · 13.3%
65+ · 16.7%
Race & Ethnicity
White48.2%
Black or African American29.4%
Asian6.6%
Hispanic or Latino(any race)12.5%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2024 · Table B15003 · Population 25+
91.1%
High School+
National: 89.6%
▲ +1.5 pts
43.4%
Bachelor's+
National: 35.7%
▲ +7.7 pts
20.8%
Graduate+
National: 14.1%
▲ +6.7 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
6,206,011
Population
3,351,096
Labor Force
Employed
3,151,451
Unemployment Rate BLS LAUS 2024 annual
3.2%
Mean Commute 5 min above national avg
31.1 min
Work From Home vs 15.1% national
19.3%
Maryland's median household income sits 28% above the national median. At 9.4%, its poverty rate runs 3.1 pts below the ~12.5% national level, relevant for federal funding eligibility narratives. Bachelor's-or-higher attainment of 43.4% exceeds the national average of 35.7%.
Source: U.S. Census Bureau American Community Survey 2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
Auto-generated from benchmark deltas. Bullets only appear when the comparison is meaningful.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$546.0B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · SAGDP1 Regional GDP
$79,259
Per Capita Income

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
IndustryEmployment% of Top SectorsAvg Wage
1Health Care and Social Assistance
415,679 22.2%
$69,969
2Professional, Scientific, and Technical Services
273,530 14.6%
$128,882
3Retail Trade
265,219 14.2%
$44,326
4Accommodation and Food Services
224,875 12.0%
$31,251
5Administrative and Support and Waste Management
165,719 8.9%
$62,328
6Construction
165,205 8.8%
$86,032
7Transportation and Warehousing
99,727 5.3%
$62,844
8Other Services (except Public Administration)
93,729 5.0%
$61,178
9Wholesale Trade
85,479 4.6%
$105,665
10Finance and Insurance
82,024 4.4%
$148,458
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Key Takeaways
Generated from BLS QCEW + BEA Regional GDP.

Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces specialization the supersector view masks.
Funds, Trusts, and Other Financial Vehicles
2.00x
1,192
Private Households
1.77x
6,428

Attraction Opportunities - Below-Average Industries

LQ < 0.5, below-average employment, potential attraction targets. Source: BLS QCEW · 3-digit NAICS sub-sector
0.06x
Support Activities for Mining
274 employed
0.11x
Primary Metal Manufacturing
714 employed
0.13x
Textile Mills
194 employed
0.14x
Transportation Equipment Manufacturing
4,170 employed
0.15x
Support Activities for Agriculture and Forestry
1,001 employed
0.22x
Forestry and Logging
178 employed
0.25x
Electrical Equipment, Appliance Manufacturing
1,921 employed
0.27x
Animal Production and Aquaculture
1,313 employed
Key Takeaways
Generated from BLS QCEW sub-sector Location Quotients.
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Industry Employment Composition
Maryland's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of the top private supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS

Housing Overview

Source: Census Bureau ACS 2024 5-Year Estimates · Tables B25001, B25077, B25064
$419,900
Median Home Value
$1,705
Rent/Mo
67.6%
Owner-Occ
7.7%
Vacancy
4.1x
Home Value to Income Ratio
vs. ~4.1x national average
Key Takeaways
Generated from Census ACS housing tables.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2024 · Tables B01001, B23025, B08303, B08301
3,795,770
Working Age (18-64)
Labor force participation rate: 88.3% of working-age population (18-64) 88% Participation
Mean Commute
31.1 min
Work From Home
19.3%

Education & Talent Pipeline

Source: Census ACS 2024 · Table B15003 · College Scorecard
Bachelor's+
43.4%
HS Diploma+
91.1%
Top Institutions
Degrees, certificates, and other credentials awarded last academic year (College Scorecard).
University of Maryland Global Campus 15,061/yr
University of Maryland-College Park 12,553/yr
Johns Hopkins University 11,331/yr
Towson University 5,915/yr
University of Maryland-Baltimore County 3,902/yr
Montgomery College 2,980/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
21.8%
55+ of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2024 · Table C24010 · Civilian employed population 16+
Management / Professional
50.5%
Service
15.4%
Sales & Office
17.6%
Construction / Maint.
7.7%
Production / Transport
8.9%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 3,151,451 employed workers.
Key Takeaways
Generated from ACS workforce data.

County Profiles

24 counties in Maryland

Allegany County FIPS 24001 Anne Arundel County FIPS 24003 Baltimore city FIPS 24510 Baltimore County FIPS 24005 Calvert County FIPS 24009 Caroline County FIPS 24011 Carroll County FIPS 24013 Cecil County FIPS 24015 Charles County FIPS 24017 Dorchester County FIPS 24019 Frederick County FIPS 24021 Garrett County FIPS 24023 Harford County FIPS 24025 Howard County FIPS 24027 Kent County FIPS 24029 Montgomery County FIPS 24031 Prince George's County FIPS 24033 Queen Anne's County FIPS 24035 Somerset County FIPS 24039 St. Mary's County FIPS 24037 Talbot County FIPS 24041 Washington County FIPS 24043 Wicomico County FIPS 24045 Worcester County FIPS 24047

AI-Powered Insights

Machine learning analysis across 20+ federal data sources

Sample AI Insight - a preview of the kind of synthesis EP produces for paying customers

Maryland shows emerging potential for funds, trusts, and other financial vehicles attraction, with a 2.00x concentration and 1,192 jobs in this sub-sector.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100

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Economic
Demographic
Housing
Workforce
Median Income
$103,678
vs $80,734 national
GDP
$546.0B
Unemployment
3.2%
vs 5.2% national
Top Employers by Sector
Health Care and Social Assistance
415,679
Professional, Scientific, and Technical Services
273,530
Retail Trade
265,219
Accommodation and Food Services
224,875
Administrative and Support and Waste Management
165,719
Census ACS, BLS QCEW, BEA, HUD · Auto-updatedPowered by ExecutivePulse
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Data Sources

All data from official federal APIs. Auto-refreshed on publication schedules.

Census ACS 5-Year2024
BLS QCEW2025
BEA Regional GDP2024
Census CBP2024
HUD Fair Market RentsFY2026
FCC Broadband Map2025
USAspending.govFY2026