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Economic Atlas
Places/MD/Caroline
County profile

Caroline

United States · GDP 2024
#1461 of 3,127 US counties by GDPtop-quartile growthmore diversified than 86% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$1.6B
GDP growth
+6.7%
Jobs tracked
6,996
Employers
634
Avg. wage
$54.0k
Population
34,116
Labor & formation
Unemployment
3.6%
Median HH income
$68.5k±$3.8k
Business applications
357 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Retail trade25%
Manufacturing23%
Construction16%
Health care14%
Transportation12%
Food & accommodation10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
34,116
residents · 2025 · +2.5% since 2020
Income per capita $59.7k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+262
International migration+506
Natural change+82

GDP trend

2019–2024 · nominal
$1.2B
2019
$1.1B
2020
$1.4B
2021
$1.6B
2022
$1.5B
2023
$1.6B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$290.1k±$10.8k
Median gross rent
$1.1k/mo±$50/mo
Vacancy rate
7.7%±1.8%
Affordability
5.4× wages
Residential permits
75 (2.2/1k pop)
FEMA risk score
45.7
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Drought 93Hurricane 88Strong wind 67
FHFA HOUSE PRICE INDEX · 2016–2025
183
2016
193
2017
202
2018
206
2019
218
2020
239
2021
273
2022
293
2023
310
2024
322
2025

Transport access

BTS · FAA · USACE
Nearest interstate
60.7 km
I-595
Nearest freight rail
9.8 km
Freight rail
Nearest port
32.2 km
GROWMARK SEAFORD
Nearest commercial airport
42.8 km
DOVER AFB
Wage trend
BLS QCEW · 2019–2023
$54.0k
avg. annual pay · +24% since 2019
Similar US counties
nearest by GDP
Pottawatomie$1.6BHoughton$1.6BPickens$1.6BRandolph$1.6BIsanti$1.6BMeeker$1.6B
The read

Caroline's economy produced $1.6B in 2024, growing 6.7% year over year — faster than most US counties. Its largest employment sector is retail trade.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
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