County profile
Garrett County, MD
United States · GDP 2024
#1369 of 3,127 US counties by GDP68th-percentile growthmore diversified than 92% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$1.8B
BEA · 2024
GDP growth (YoY)
+6.0%
BEA · 2024
Jobs tracked
10,577
Census CBP · 2023
Employers
951
Census CBP · 2023
Avg. wage
$45.1k
BLS QCEW · 2023
Population
28,370
Census PEP · 2025
Labor, income & education
Unemployment
3.9%
Median HH income
$67.7k±$3.7k
Bachelor's degree+
25.9%±2.2%
Poverty rate
11.2%±1.8%
Business applications
2,501 · 2025
Retail establishments
141
49.6/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1First United CorporationFinancial Services$18.4M59CHQ-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
Health care24%
Retail trade23%
Food & accommodation18%
Construction13%
Manufacturing12%
Arts & recreation10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
28,370
residents · 2025 · -1.5% since 2020
Income per capita $62.7k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+259
International migration+29
Natural change−704
GDP trend
2019–2024 · nominal
$1.3B2019
$1.4B2020
$1.5B2021
$1.6B2022
$1.7B2023
$1.8B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$235.3k±$10.6k
Median gross rent
$765/mo±$71/mo
Vacancy rate
32.5%±1.9%
Affordability
5.2× wages
Residential permits
$92.2M
148 units · 5.2/1k pop
FEMA risk score
16.0
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Landslide 77Winter weather 64Hurricane 64
FHFA HOUSE PRICE INDEX · 2016–2025
1772016
1752017
1862018
1892019
1952020
2232021
2622022
2732023
3052024
3122025
RESIDENTIAL PERMITS · 2021–2025
↓ -3% since 20211532021
1812022
1552023
1222024
1482025
Transport access
BTS · FAA · USACE
Nearest interstate
17.1 km
I-68
Nearest freight rail
8.8 km
CSXT
Nearest port
59.5 km
ALLEGHENY ENERGY SUPPLY, FORT MARTIN POWER STATION DOCK
Nearest commercial airport
56.7 km
MORGANTOWN MUNI/WALTER L BILL HART FLD
Filing activity
SEC EDGAR1 filing from 1 company here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$45.1k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Garrett?
Garrett's economy produced $1.8B in 2024, growing 6.0% year over year — faster than most US counties. Its largest employment sector is health care.
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.