County profile
Talbot County, MD
United States · GDP 2024
#1027 of 3,127 US counties by GDP54th-percentile growthmore diversified than 78% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$2.8B
BEA · 2024
GDP growth (YoY)
+4.7%
BEA · 2024
Jobs tracked
17,567
Census CBP · 2023
Employers
1,468
Census CBP · 2023
Avg. wage
$54.4k
BLS QCEW · 2023
Population
38,238
Census PEP · 2025
Labor, income & education
Unemployment
3.5%
Median HH income
$84.8k±$6.6k
Bachelor's degree+
42.0%±2.4%
Poverty rate
9.3%±1.6%
Business applications
462 · 2025
Retail establishments
204
53.3/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1TeraWulf Inc.Technology$151.6M43D2Shore Bancshares, Inc.Financial Services$20.9M55CHQ-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 care31%
Retail trade20%
Food & accommodation18%
Professional services11%
Admin & support10%
Construction9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
38,238
residents · 2025 · +2.0% since 2020
Income per capita $102.5k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+1,103
International migration+630
Natural change−970
GDP trend
2019–2024 · nominal
$2.2B2019
$2.0B2020
$2.2B2021
$2.4B2022
$2.7B2023
$2.8B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$409.7k±$19.2k
Median gross rent
$1.3k/mo±$149/mo
Vacancy rate
16.7%±1.6%
Affordability
7.5× wages
Residential permits
$68.9M
198 units · 5.2/1k pop
FEMA risk score
42.4
HUD Fair Market Rent (2BR):$1.4k/mo · 2026
TOP PERILS · FEMA NRI
Drought 86Hurricane 83Heat wave 82
FHFA HOUSE PRICE INDEX · 2016–2025
2652016
2792017
2842018
2932019
2992020
3292021
3782022
3922023
4242024
4372025
RESIDENTIAL PERMITS · 2021–2025
↑ 19% since 20211672021
2202022
1492023
1042024
1982025
Transport access
BTS · FAA · USACE
Nearest interstate
43.5 km
I-595
Nearest freight rail
17.8 km
Freight rail
Nearest port
10.1 km
BELLEVUE FERRY DOCK
Nearest commercial airport
66.5 km
BALTIMORE/WASHINGTON INTL THURGOOD MARSHALL
Filing activity
SEC EDGAR3 filings from 2 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$54.4k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Talbot?
Talbot's economy produced $2.8B in 2024, growing 4.7% year over year — about the middle of the pack among 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.