Baltimore City County, MD Economy


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United States / Maryland / / Baltimore City County / Cities / Zip Codes
Baltimore city, MD County is an exciting place to live, with a wide variety of attractions and activities for all ages. Renting a two bedroom apartment in Baltimore city, MD County is competitively priced at $1550 on average. There are several local companies that can help you find the perfect rental home for your needs such as Taylor Properties, Long and Foster Property Management, and Maryland Apartment Group. Additionally, the cost of living in Baltimore City is slightly higher than the national average but still quite reasonable. The Grocery Cost Index here indicates that food prices are about 99 compared to 100 in the US overall. All in all, there are plenty of affordable options available for apartment renters looking for a safe and comfortable home in Baltimore City, MD County.

Baltimore City County has an unemployment rate of 7.9%. The US average is 6.0%.

Baltimore City County has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.

Tax Rates for Baltimore City County
- The Sales Tax Rate for Baltimore City County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Baltimore City County is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Baltimore City County
- The average income of a Baltimore City County resident is $25,062 a year. The US average is $28,555 a year.
- The Median household income of a Baltimore City County resident is $54,124 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBaltimore City, MarylandUnited States
  7.96
  -6.2%-6.2%
  25.1%33.5%
  6.0%6.2%
  8.0%4.6%
  $34,378$37,638
  $54,124$69,021
  $67,462$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  4.9%6.8%
  4.5%10.0%
  1.7%2.5%
  8.7%11.0%
  6.0%4.8%
  0.6%0.8%
  1.7%1.9%
  3.7%4.7%
  2.6%1.9%
  8.7%7.6%
  0.1%0.1%
  4.7%4.2%
  13.1%9.3%
  18.6%14.0%
  1.7%2.1%
  5.9%7.0%
  4.8%4.8%
  7.8%4.7%
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