Places/MD/Worcester County, MD
County profile

Worcester County, MD

United States · GDP 2024
#789 of 3,127 US counties by GDPtop-quartile growthmore diversified than 19% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$4.1B
BEA · 2024
GDP growth (YoY)
+8.6%
BEA · 2024
Jobs tracked
20,249
Census CBP · 2023
Employers
2,256
Census CBP · 2023
Avg. wage
$44.3k
BLS QCEW · 2023
Population
54,459
Census PEP · 2025
Labor, income & education
Unemployment
3.7%
Median HH income
$81.7k±$4.1k
Bachelor's degree+
35.3%±2.1%
Poverty rate
9.9%±1.4%
Business applications
732 · 2025
Retail establishments
383
70.4/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Calvin B. Taylor Bankshares, Inc.Financial Services$51.2M67B

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
Food & accommodation43%
Retail trade23%
Health care15%
Other services7%
Construction7%
Arts & recreation5%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
54,459
residents · 2025 · +3.7% since 2020
Income per capita $73.6k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+3,068
International migration+470
Natural change1,568

GDP trend

20192024 · nominal
$3.0B
2019
$2.8B
2020
$3.3B
2021
$3.6B
2022
$3.8B
2023
$4.1B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$374.7k±$9.5k
Median gross rent
$1.2k/mo±$85/mo
Vacancy rate
57.6%±1.0%
Affordability
8.5× wages
Residential permits
$93.0M
242 units · 4.4/1k pop
FEMA risk score
68.2
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 92Coastal flooding 88Winter weather 74
FHFA HOUSE PRICE INDEX · 20162025
283
2016
294
2017
304
2018
322
2019
332
2020
378
2021
439
2022
506
2023
525
2024
539
2025
RESIDENTIAL PERMITS · 20212025
-48% since 2021
462
2021
304
2022
508
2023
354
2024
242
2025

Transport access

BTS · FAA · USACE
Nearest interstate
135.0 km
I-595
Nearest freight rail
0.4 km
MDDE
Nearest port
18.1 km
ELLIOTT JOS
Nearest commercial airport
20.8 km
SALISBURY-OCEAN CITY WICOMICO RGNL
Wage trend
BLS QCEW · 20192023
$44.3k
avg. annual pay · +25% since 2019
The read

What is the GDP of Worcester?

Worcester's economy produced $4.1B in 2024, growing 8.6% year over yearfaster than most US counties. Its largest employment sector is food & accommodation.

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.