Baltimore, MD

Baltimore, MD is comprised of Baltimore City and Baltimore County. This market overview will cover both counties, which differ greatly.

A super city is forming in the DC-Baltimore Corridor. As Washington, DC continues its federally funded sprawl, Baltimore and the area that connects it to the nation's capital is strengthening.

Things to know about Greater Baltimore

• Located just 40 miles from Washington, DC
• Baltimore/Washington International Thurgood Marshall Airport (BWI) is now the most trafficked airport in the Mid Atlantic region. BWI, a strategic Southwest Airlines hub, is a mere 15 minutes from Baltimore's Inner Harbor.
• Baltimore, 25 minutes from the National Security Agency (NSA) at Fort Meade, is carving out a niche in cyber security. Startups and government contractors are creating high-paid jobs in this sector supported by leading universities including University of Maryland, College Park (UMD) and University of Maryland, Baltimore County (UMBC).
• Baltimore, home to Johns Hopkins University, Johns Hopkins Hospital, the University of Maryland Medical System and MedStar, has become a leading healthcare services market.

Baltimore City Data

• Population: 593,490 (2019)
• 30th most populous city in the United States
• GDP: $52.2 billion (2018)

Major Employers In Baltimore City:

1. Johns Hopkins University (25,000)
2. Johns Hopkins Hospital & Health System (19,340)
3. University of Maryland Medical System (9,830)
4. University System of Maryland (9,111)
5. MedStar Health (6,027)
6. LifeBridge Health (5,316)
7. Mercy Health Services (4,028)
8. St. Agnes HealthCare (3,267)
9. Exelon (2,952)
10. Morgan State University (2,000)

Baltimore County Data

• Population: 827, 370
• GDP: $55.0 billion (2018)

Major Employers In Baltimore County:

1. U.S. Social Security Administration: 12,751
2. University System of Maryland: 6,358
3. T. Rowe Price Group: 4,200
4. GBMC HealthCare: 3,900
5. MedStar Franklin Square Medical Center: 3,600

Sources:

• Maryland Department of Commerce
• U.S. Census Bureau