County profile
Baltimore (Independent City) city, MD
United States · GDP 2024
#84 of 3,127 US counties by GDP70th-percentile growthmore diversified than 83% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$65.6B
BEA · 2024
GDP growth (YoY)
+6.2%
BEA · 2024
Jobs tracked
301,759
Census CBP · 2023
Employers
12,383
Census CBP · 2023
Avg. wage
$79.8k
BLS QCEW · 2023
Population
569,997
Census PEP · 2025
Labor, income & education
Unemployment
5.5%
Median HH income
$62.2k±$1.4k
Bachelor's degree+
36.1%±0.7%
Poverty rate
19.7%±0.7%
Business applications
11,544 · 2025
Retail establishments
1,598
28.0/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Constellation Energy CorporationUtilities$22.7B52D2T. Rowe Price Group, Inc.Financial Services$7.3B79B+3Under Armour, Inc.Consumer Cyclical$5.0B48D4Medifast, Inc.Industrials$385.8M55C5MarketWise, Inc.Financial Services$328.1M42D6Rand Worldwide, Inc.Technology$178.8M68B7Aspen Digital IncReal Estate$42.6M——8Monarch Services, Inc.Communication Services$5.0M——9The Greater Cannabis Company, Inc.Healthcare$12.6k14D10MIRA Pharmaceuticals, Inc.Healthcare———11Harbor Bankshares CorporationFinancial Services———12BV Financial, Inc.Financial Services———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 care36%
Education21%
Retail trade12%
Professional services12%
Food & accommodation11%
Finance & insurance9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
569,997
residents · 2025 · -2.3% since 2020
Income per capita $69.6k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−27,661
International migration+14,125
Natural change+37
GDP trend
2019–2024 · nominal
$49.7B2019
$49.2B2020
$53.5B2021
$57.8B2022
$61.7B2023
$65.6B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$229.6k±$3.4k
Median gross rent
$1.3k/mo±$15/mo
Vacancy rate
13.3%±0.5%
Affordability
2.9× wages
Residential permits
$125.0M
543 units · 1.0/1k pop
FEMA risk score
95.0
HUD Fair Market Rent (2BR):$1.9k/mo · 2026
TOP PERILS · FEMA NRI
Heat wave 99Winter weather 98Cold wave 97
FHFA HOUSE PRICE INDEX · 2016–2025
7982016
8152017
8272018
8452019
8682020
9362021
10282022
10732023
11062024
11352025
RESIDENTIAL PERMITS · 2021–2025
↓ -65% since 20211,5572021
1,6572022
1,8432023
1,2732024
5432025
Transport access
BTS · FAA · USACE
Nearest interstate
0.0 km
I-83
Nearest freight rail
0.1 km
AMTK
Nearest port
3.4 km
BALTIMORE INNER HARBOR ANCHORAGE-SHIPS
Nearest commercial airport
15.2 km
BALTIMORE/WASHINGTON INTL THURGOOD MARSHALL
Filing activity
SEC EDGAR15 filings from 3 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$79.8k
avg. annual pay · +16% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Baltimore (Independent City)?
Baltimore (Independent City)'s economy produced $65.6B in 2024, growing 6.2% 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.