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

Download .xls

  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 Taxes11.0%4.6%
  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    94 Reviews
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)

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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)

Friends School of Baltimore :-) - 12/9/2016
et al, Despite the other comments you may read I hope you take note of a different experience. My son is currently attending Friends School of Baltimore. This is his... (Read More)


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