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Economic Atlas
Places/MD/Talbot
County profile

Talbot

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
GDP growth
+4.7%
Jobs tracked
17,567
Employers
1,468
Avg. wage
$54.4k
Population
38,238
Labor & formation
Unemployment
3.5%
Median HH income
$84.8k±$6.6k
Business applications
462 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1TeraWulf Inc.Technology$151.6M42D2Shore Bancshares, Inc.Financial Services$20.9M56C

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
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
$2.2B
2019
$2.0B
2020
$2.2B
2021
$2.4B
2022
$2.7B
2023
$2.8B
2024

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
198 (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
265
2016
279
2017
284
2018
293
2019
299
2020
329
2021
378
2022
392
2023
424
2024
437
2025
Filing activity
SEC EDGAR

15 filings from 2 companies here in the last 90 days.

8-KTeraWulf Inc.07-06
8-KShore Bancshares, Inc.06-16
8-KTeraWulf Inc.06-10
8-KTeraWulf Inc.05-26
8-KShore Bancshares, Inc.05-22
8-KShore Bancshares, Inc.05-20
10-QTeraWulf Inc.05-08
8-KTeraWulf Inc.05-08
10-QShore Bancshares, Inc.05-04
8-KShore Bancshares, Inc.05-04
Wage trend
BLS QCEW · 2019–2023
$54.4k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDP
Stanly$2.8BMontour$2.8BHenderson$2.8BRusk$2.8BLamar$2.8BLincoln$2.8B
The read

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.
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