Maryland Economic Overview

Key economic indicators for Maryland (MD). Population: 6,177,224.

Unemployment Rate

3.3%

Below national avg (~4.2%)

Median Annual Wage

$68,000

Source: Census ACS / BLS

Wage Growth (YoY)

+3.5%

Year-over-year change

Population

6.2M

Source: 2020 Census

About the Maryland Economy

Maryland has an unemployment rate of 3.3%, which is below the national average. The median annual wage is $68,000, with wages growing at 3.5% year-over-year. With a population of 6,177,224, Maryland is the a mid-size state economy in the U.S.