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Economic Atlas
Places/MD/Charles
County profile

Charles

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
GDP growth
+8.2%
Jobs tracked
33,675
Employers
2,793
Avg. wage
$59.0k
Population
176,593
Labor & formation
Unemployment
4.3%
Median HH income
$122.8k±$3.1k
Business applications
3,444 · 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 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
$6.3B
2019
$6.2B
2020
$6.7B
2021
$7.2B
2022
$8.0B
2023
$8.7B
2024

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
935 (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
437
2016
450
2017
463
2018
483
2019
506
2020
561
2021
628
2022
642
2023
695
2024
705
2025
Wage trend
BLS QCEW · 2019–2023
$59.0k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDP
Pennington$8.7BBartow$8.6BGrant$8.6BPueblo$8.8BTom Green$8.6BNewport$8.8B
The read

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.
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