County profile
Caroline County, MD
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
BEA · 2024
GDP growth (YoY)
+6.7%
BEA · 2024
Jobs tracked
6,996
Census CBP · 2023
Employers
634
Census CBP · 2023
Avg. wage
$54.0k
BLS QCEW · 2023
Population
34,116
Census PEP · 2025
Labor, income & education
Unemployment
3.7%
Median HH income
$68.5k±$3.8k
Bachelor's degree+
16.2%±1.6%
Poverty rate
12.2%±2.0%
Business applications
357 · 2025
Retail establishments
88
25.8/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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
$1.2B2019
$1.1B2020
$1.4B2021
$1.6B2022
$1.5B2023
$1.6B2024
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
$21.4M
75 units · 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
1832016
1932017
2022018
2062019
2182020
2392021
2732022
2932023
3102024
3222025
RESIDENTIAL PERMITS · 2021–2025
↓ -21% since 2021952021
692022
692023
552024
752025
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 GDPThe read
What is the GDP of Caroline?
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.