County profile
Charles County, MD
United States · GDP 2024
#496 of 3,127 US counties by GDPtop-quartile growthmore diversified than 56% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$8.7B
BEA · 2024
GDP growth (YoY)
+8.2%
BEA · 2024
Jobs tracked
33,675
Census CBP · 2023
Employers
2,793
Census CBP · 2023
Avg. wage
$59.0k
BLS QCEW · 2023
Population
176,593
Census PEP · 2025
Labor, income & education
Unemployment
4.5%
Median HH income
$122.8k±$3.1k
Bachelor's degree+
33.5%±1.4%
Poverty rate
6.9%±0.9%
Business applications
3,444 · 2025
Retail establishments
437
25.0/10k 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 trade31%
Food & accommodation23%
Health care20%
Construction13%
Other services8%
Transportation6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
176,593
residents · 2025 · +5.9% since 2020
Income per capita $70.2k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+6,404
International migration+1,842
Natural change+1,710
GDP trend
2019–2024 · nominal
$6.3B2019
$6.2B2020
$6.7B2021
$7.2B2022
$8.0B2023
$8.7B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$428.5k±$5.4k
Median gross rent
$1.9k/mo±$70/mo
Vacancy rate
4.6%±0.8%
Affordability
7.3× wages
Residential permits
$301.1M
935 units · 5.3/1k pop
FEMA risk score
44.1
HUD Fair Market Rent (2BR):$2.2k/mo · 2026
TOP PERILS · FEMA NRI
Heat wave 79Hurricane 78Strong wind 77
FHFA HOUSE PRICE INDEX · 2016–2025
4372016
4502017
4632018
4832019
5062020
5612021
6282022
6422023
6952024
7052025
RESIDENTIAL PERMITS · 2021–2025
↑ 0% since 20219312021
9922022
1,1232023
1,5422024
9352025
Transport access
BTS · FAA · USACE
Nearest interstate
28.3 km
I-95
Nearest freight rail
1.1 km
CSXT
Nearest port
16.4 km
MIRANT MORGANTOWN GENERATING STATION, MD
Nearest commercial airport
38.5 km
RONALD REAGAN WASHINGTON NTL
Wage trend
BLS QCEW · 2019–2023$59.0k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Charles?
Charles's economy produced $8.7B in 2024, growing 8.2% 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.