Baltimore, Maryland 

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Economy in Baltimore, Maryland

Baltimore has an unemployment rate of 6.5%. The US average is 5.2%.

Baltimore has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is lower than the US average of 38.0%.

Tax Rates for Baltimore
- The Sales Tax Rate for Baltimore is 6.0%. The US average is 6.0%.
- The Income Tax Rate for Baltimore is 11.0%. The US average is 4.6%.

Income and Salaries for Baltimore
- The average income of a Baltimore resident is $25,062 a year. The US average is $28,555 a year.
- The Median household income of a Baltimore resident is $41,819 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYBaltimore, MarylandUnited States
  Unemployment Rate6.5%5.2%
  Recent Job Growth1.4%1.6%
  Future Job Growth36.3%38.0%
  Sales Taxes6.0%6.0%
  Income Taxes0.110.046
  Income per Cap.$25,062$28,555
  Household Income$41,819$53,482
  Family Median Income$50,361$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.1%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction4.9%6.2%
  Manufacturing4.7%10.4%
  Wholesale trade1.9%2.7%
  Retail trade9.6%11.6%
  Transportation and warehousing4.5%4.1%
  Utilities00
  Information1.9%2.1%
  Finance and insurance3.3%4.7%
  Real estate, rental, leasing2.2%1.9%
  Professional, scientific, technical services7.1%6.7%
  Management of companies0.0%0.1%
  Administrative, support, waste mgt svcs5.1%4.3%
  Educational services12.7%9.3%
  Health care and social assistance18.6%13.8%
  Arts, entertainment, recreation1.9%2.2%
  Accommodation, food services7.0%7.4%
  Other services4.9%4.9%
  Public administration8.8%4.8%
ECONOMY MAP
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    Reviews for Baltimore    95 Reviews
    We Visited Baltimore, But Picked Another City - 1/4/2019
    A port city that is accessible to the DC metro area, Baltimore has undergone something of a renaissance. Once plagued by crime across the board, the extensive... Read More

    Start Your Review of Baltimore


    Very Ugly City - 4/7/2018
    This perhaps the most ugly city I have lived in. Other then the walk along the harbor, Fells Point and Canton Square, it is all quite ugly and hard on the eyes. The... Read More

    It use to be nice but now its scary - 10/1/2017
    I grew up in Bmore and it was nice back in the 80s a little rough in some area's but still safe, after about early mid 90s this crime has gone up , the city is getting... Read More


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    MAPS OF BALTIMORE, MARYLAND
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Baltimore,Maryland Map
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