Maryland Economic Data
| Statistic | Maryland | Virginia | Pennsylvania | Delaware | West Virginia | District of Columbia |
|---|---|---|---|---|---|---|
| POPULATION | ||||||
| Source: Census QuickFacts • Estimate as of July 1, 2025 (V2025) | ||||||
| Total Population (Est.) | 6,265,347 | 8,880,107 | 13,059,432 | 1,059,952 | 1,766,147 | 693,645 |
| 1 Year % Change (Est.) | ▲ +0.002% | ▲ +0.782% | ▼ -0.148% | ▲ +0.764% | ▼ -0.217% | ▼ -1.225% |
| % Change Since 2020 Census | ▲ +1.4% | ▲ +2.9% | ▲ +0.4% | ▲ +7.1% | ▼ -1.5% | ▲ +0.6% |
| EMPLOYMENT & UNEMPLOYMENT | ||||||
| Source: Bureau of Labor Statistics • May 2026 (Seasonally Adjusted) | ||||||
| Total Employment | 2,799,000 | 4,245,200 | 6,200,500 | 494,600 | 717,500 | 720,700 |
| Absolute Change 1 Year | ▼ -32,800 | ▼ -44,200 | ▲ +27,200 | ▼ -2,500 | ▼ -2,000 | ▼ -37,700 |
| % Change 1 Year | ▼ -1.2% | ▼ -1.0% | ▲ +0.4% | ▼ -0.5% | ▼ -0.3% | ▼ -5.0% |
| Unemployment | 142,081 | 169,846 | 276,700 | 26,030 | 33,414 | 24,808 |
| Absolute Change 1 Year | ▲ +14,011 | ▲ +22,160 | ▲ +1,621 | ▲ +2,590 | ▲ +2,593 | ▼ -573 |
| % Change 1 Year | ▲ +10.9% | ▲ +15.0% | ▲ +0.6% | ▲ +11.1% | ▲ +8.4% | ▼ -2.3% |
| Unemployment Rate (May 2026) | 4.4% | 3.8% | 4.2% | 5.1% | 4.3% | 6.1% |
| Unemployment Rate (May 2025) | 4.0% | 3.3% | 4.2% | 4.5% | 4.0% | 6.1% |
| HOUSING & RENTAL | ||||||
| Source: Realtor.com • Latest (Listings/DOM/Sale Price) | ||||||
| Median Home Sales Price | $445,000 | $474,900 | $320,000 | $425,000 | $235,000 | $705,000 |
| % Change 1 Year | ▲ +3.49% | ▲ +6.72% | ▲ +3.23% | ▼ -1.39% | ▲ +2.17% | ▼ -1.40% |
| Active Listings | 29,423 | 47,520 | 61,178 | 7,478 | 10,371 | 4,070 |
| % Change 1 Year | ▲ +8.69% | ▲ +8.46% | ▲ +4.72% | ▲ +7.36% | ▲ +7.24% | ▼ -6.72% |
| Average Days on Market | 35 days | 36 days | 41 days | 50 days | 49 days | 44 days |
| % Change 1 Year | ▲ +10.00% | ▲ +3.23% | ▲ 0.00% | ▲ +4.65% | ▲ +5.00% | ▲ +2.17% |
| Median Rent | $2,250/mo | $2,400/mo | $1,724/mo | $1,950/mo | $1,180/mo | $2,700/mo |
| % Change 1 Year | ▲ +4.55% | ▲ +0.21% | ▼ -0.63% | ▲ 0.00% | ▲ +7.27% | ▲ +8.00% |
| BUILDING PERMITS | ||||||
| Source: Census Bureau BPS • April 2026 (YTD Jan-Apr 2026) YTD | ||||||
| New Housing Units Authorized (YTD) | 5,436 | 13,323 | 8,049 | 2,120 | 1,416 | 134 |
| Valuation in Thousands $ (YTD) | $1,327,260K | $2,939,302K | $1,931,820K | $318,834K | $333,517K | $31,216K |
Last Updated: July 02, 2026
GROUP A — PRIMARY METROS
Baltimore, Washington Area, Washington Division, Frederick, Hagerstown, Wilmington, Philadelphia
| Statistic | Baltimore | Washington Area | Washington Div. | Frederick | Hagerstown | Wilmington | Philadelphia |
|---|---|---|---|---|---|---|---|
| Total Employment (000s) | 1,443.1K | 3,300.6K | 1,091.2K | 592.7K | 114.9K | 383.9K | 3,140.4K |
| Absolute Change 1 Year (000s) | ▼ -10.9K | ▼ -95.8K | ▼ -51.6K | ▼ -16.3K | ▼ -0.1K | ▼ -1.7K | ▲ +9.2K |
| % Change 1 Year | ▼ -0.8% | ▼ -2.8% | ▼ -4.5% | ▼ -2.7% | ▼ -0.1% | ▼ -0.4% | ▲ +0.3% |
| Unemployment (000s) | 57.6K | 133.6K | 50.1K | 25.2K | 5.2K | 15.9K | 136.2K |
| Absolute Change 1 Year (000s) | ▲ +2.6K | ▲ +5.9K | ▲ +1.9K | ▲ +0.0K | ▼ -0.1K | ▼ -0.9K | ▼ -4.9K |
| % Change 1 Year | ▲ +4.7% | ▲ +4.6% | ▲ +3.9% | ▲ +0.1% | ▼ -2.2% | ▼ -5.5% | ▼ -3.5% |
| Unemployment Rate (May 2026) | 3.9% | 3.9% | 5.2% | 3.6% | 3.6% | 4.1% | 4.1% |
| Unemployment Rate (May 2025) | 3.7% | 3.6% | 4.8% | 3.5% | 3.6% | 4.3% | 4.3% |
| BLS Area Summary |
GROUP B — REGIONAL METROS
Charlottesville, Richmond, Harrisburg, Lancaster, Pittsburgh, York, Morgantown
| Statistic | Charlottesville | Richmond | Harrisburg | Lancaster | Pittsburgh | York | Morgantown |
|---|---|---|---|---|---|---|---|
| Total Employment (000s) | 126.1K | 727.3K | 366.0K | 270.6K | 1,201.5K | 194.4K | 73.7K |
| Absolute Change 1 Year (000s) | ▲ +1.3K | ▼ -4.2K | ▲ +1.4K | ▲ +2.4K | ▼ -4.0K | ▲ +0.3K | ▲ +1.4K |
| % Change 1 Year | ▲ +1.0% | ▼ -0.6% | ▲ +0.4% | ▲ +0.9% | ▼ -0.3% | ▲ +0.1% | ▲ +1.9% |
| Unemployment (000s) | 3.9K | 25.2K | 11.6K | 9.3K | 46.9K | 9.0K | 2.2K |
| Absolute Change 1 Year (000s) | ▲ +0.4K | ▲ +1.7K | ▲ +0.3K | ▼ -0.0K | ▲ +0.5K | ▲ +0.0K | ▼ -0.0K |
| % Change 1 Year | ▲ +10.6% | ▲ +7.4% | ▲ +2.3% | ▼ -0.3% | ▲ +1.1% | ▲ +0.2% | ▼ -0.5% |
| Unemployment Rate (May 2026) | 3.2% | 3.5% | 3.7% | 3.1% | 3.8% | 3.7% | 3.1% |
| Unemployment Rate (May 2025) | 3.0% | 3.2% | 3.7% | 3.2% | 3.8% | 3.8% | 3.2% |
| BLS Area Summary |
Last Updated: July 02, 2026
CBRE OFFICE MARKET — Q1 2026
Baltimore, Washington DC, Philadelphia, Richmond, Pittsburgh
| Statistic | Baltimore | Washington DC | Philadelphia | Richmond | Pittsburgh |
|---|---|---|---|---|---|
| Office Vacancy Rate | 20.6% | 22.6% | not stated in CBRE page text | 11.3% | 17.6% |
| Net Absorption (SF) | See report | not stated in CBRE page text SF | See report | ▼ -99,000 SF | ▼ -266,000 SF |
| Under Construction (SF) | 0 SF | 0 SF | not stated in CBRE page text SF | 93,000 SF | 0 SF |
| Avg Gross Asking Rate ($/SF) | $26.75 | not stated in CBRE page text | not stated in CBRE page text | $21.85 | $26.74 |
| CBRE Quarterly Report | 📄 Q1 2026 Report | 📄 Q1 2026 Report | 📄 Q1 2026 Report | 📄 Q1 2026 Report | 📄 Q1 2026 Report |
Source: CBRE U.S. Quarterly Figures
AIRPORT STATISTICS
BWI Marshall, Dulles (IAD), Reagan National (DCA), Philadelphia (PHL)
| Statistic | BWI Marshall | Dulles (IAD) | Reagan (DCA) | Philadelphia (PHL) |
|---|---|---|---|---|
| Reference Month | February 2026 | March 2026 | March 2026 | March 2026 |
| Total Monthly Passengers | 1,535,289 | 2,300,000 | 2,241,228 | 2,316,211 |
| % Change 1 Year | ▼ -0.5% | ▲ +0.5% | ▲ +4.5% | ▼ -1.5% |
| Cargo Transported (lbs) | 43,933,573 | 36,561,418 | 233,690 | 84,759,800 |
| % Change 1 Year | ▲ +12.0% | ▼ -9.1% | ▲ +1.0% | ▲ +9.2% |
| Source Report | 📄 PDF Report | 📄 PDF Report | 📄 PDF Report | 📄 PDF Report |
Last Updated: July 02, 2026
