Business and Economy in Baltimore, MD
Being a great place to live also means being a great place to work. A thriving economy helps the tax base (so there’s more money for city improvements) and helps a city attract and retain talent. The median household income in Baltimore, MD, is $42,241, and check out the following articles to get an inside look at its key industries and job opportunities.
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Massive developments keep construction cranes moving in Greater Baltimore
The Tradepoint Atlantic development transforms a former industrial site into a logistics hub
Innovation Village project brings new ideas, jobs and energy to a neighborhood in Baltimore
High concentration of knowledge workers powers the region's innovation economy
Highly educated workforce in Greater Baltimore gives the region an economic advantage
Discover Greater Baltimore's rich economy that includes a highly skilled workforce in the financial services sector.
Learn how Baltimore's academic, private and government research facilities are busy churning out the next big idea.
Learn how cybersecurity firms in Greater Baltimore are developing new technologies to help businesses, government agencies, the military and others keep their secrets.
While employment opportunities often play a big part in why people move, a city’s unemployment rate also is a major indicator of an economy’s overall health. Regardless of whether personal employment is a factor, lower unemployment rates often mean a region is better able to attract and retain skilled workers, new industries and retailers. The statistics, here, should provide valuable insight into the health and diversity of Baltimore’s economy.
Employment Rate in Baltimore city, MD
Occupations in Baltimore, MD
Employment in Baltimore, MD
|Employment Armed Forces||0.1%|
|Employment Civilian Labor Force||61.9%|
|Employment Not in Labor Force||38.1%|
|Employment Total in Labor Force||61.9%|
Industry in Baltimore, MD
|Agriculture, Forestry, Fishing and Hunting and Mining||0.2%|
|Transportation and Warehousing, and Utilities||5.1%|
|Finance and Insurance, and Real Estate and Rental and Leasing||5.5%|
|Professional, Scientific and Management and Administrative and Waste||12.2%|
|Educational Services and Health Care and Social Assistance||31.3%|
|Arts, Entertainment and recreation and Accommodation and food Services||8.9%|
|Other Services, Except Public Administration||4.9%|