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Maryland Economy

Unemployment was 3.9% in Sep 2026, the 27th lowest of 51 states. Personal income averages $79,259 per person.

Unemployment rate
3.9%
-0.4 pts in a year
Labor force
3,201,550
-0.8% in a year
Income per person
$79,259
BEA, 2024
Average annual pay
$81,539
QCEW, 2025

Unemployment rate in Maryland

Monthly, seasonally adjusted, compared with the U.S.

MarylandUnited States
Show as a table
PeriodMaryland
Sep 20263.9%
Dec 20254.2%
Dec 20243.4%
Dec 20232.7%
Dec 20222.5%
Dec 20213.5%
Dec 20206.6%
Dec 20193.2%
Dec 20183.6%
Dec 20174.1%
Dec 20164.2%
Dec 20154.6%
Dec 20145.4%
Dec 20136.1%
Dec 20126.8%
Beta

Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics ยท Last updated 09/01/2026

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Counties in Maryland

Unemployment (Sep 2026, not seasonally adjusted), income per person (BEA) and average pay (QCEW). Largest labor force first.

Swipe the table sideways to see more columns.

#CountyUnemployment1 yearLabor forceIncome per personAverage pay
1Montgomery County3.2%-1.0 pts560,766$104,882$96,368
2Prince George's County4.0%-0.7 pts493,950$59,684$76,203
3Baltimore County3.6%-0.8 pts450,376$78,953$74,175
4Anne Arundel County3.0%-0.8 pts321,951$87,614$81,944
5Baltimore city4.6%-0.9 pts284,870$69,564$87,200
6Howard County3.0%-0.9 pts185,084$99,767$90,296
7Frederick County3.1%-0.8 pts154,555$78,929$70,784
8Harford County3.1%-0.8 pts143,898$74,919$68,699
9Carroll County2.7%-0.7 pts96,682$78,696$59,307
10Charles County3.9%-0.7 pts86,867$70,211$61,774
11Washington County3.6%-1.1 pts70,911$59,536$59,257
12St. Mary's County3.0%-0.8 pts57,828$73,314$87,584
13Wicomico County3.6%-0.9 pts53,791$51,806$58,772
14Cecil County3.5%-1.0 pts52,675$61,236$66,564
15Calvert County3.1%-0.7 pts48,329$79,588$62,735
16Queen Anne's County2.8%-0.7 pts29,334$86,365$57,331
17Worcester County3.3%-0.9 pts28,416$73,572$47,233
18Allegany County4.5%-1.1 pts24,111$52,707$53,825
19Talbot County3.3%-1.0 pts17,747$102,548$59,230
20Caroline County3.4%-0.8 pts15,772$59,692$55,633
21Dorchester County4.0%-0.8 pts15,684$60,255$55,133
22Garrett County3.3%-0.8 pts14,215$62,692$50,142
23Somerset County4.2%-0.8 pts9,676$41,421$60,195
24Kent County3.6%-1.0 pts9,088$80,878$55,247

Jobs and pay by industry in Maryland

Private employers, annual average 2025 (Quarterly Census of Employment and Wages)

Swipe the table sideways to see more columns.

IndustryJobs1-year changeAverage pay
Health care and social assistance415,796+3.7%$69,939
Professional and technical services273,720-3.3%$128,976
Retail trade265,220-1.6%$44,351
Accommodation and food services225,144-0.7%$31,262
Administrative and support services165,669-3.5%$62,434
Construction165,130+0.5%$86,149
Transportation and warehousing99,729-0.9%$62,879
Other services93,815+0.9%$61,221
Wholesale trade85,450-2.5%$105,768
Finance and insurance82,003-1.5%$148,627
Educational services73,944+0.6%$71,600
Arts, entertainment and recreation46,062+1.0%$46,397
Real estate and rental43,449+0.2%$88,325
Management of companies29,367-2.1%$140,105
Utilities10,306+4.5%$169,444

Government employs 524,702 people (19.0% of all jobs): 151,248 federal, 108,520 state and 264,934 local.

Output and businesses in Maryland

Bureau of Economic Analysis and Census Bureau

GDP
$546B
2024, current dollars
Real GDP growth
+3.0%
Adjusted for inflation
Employer businesses
142,967
2,468,367 employees
  • Professional and technical services21,69915.2%
  • Health care and social assistance18,85913.2%
  • Retail trade16,68711.7%
  • Other services14,68010.3%
  • Construction14,52810.2%
  • Accommodation and food services12,7448.9%
  • Administrative and support services8,3405.8%
  • Real estate and rental7,4505.2%
  • Finance and insurance7,0544.9%
  • Wholesale trade4,8903.4%

Source: BEA Regional Economic Accounts; Census County Business Patterns 2023

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Frequently asked questions

What is the unemployment rate in Maryland?
Maryland's unemployment rate was 3.9% in Sep 2026, seasonally adjusted, compared with 4.2% for the U.S.
Which county in Maryland has the highest unemployment?
Baltimore city has the highest rate at 4.6%, and Carroll County has the lowest at 2.7% (not seasonally adjusted).
What is the largest industry in Maryland?
Health care and social assistance is the largest private employer with 415,796 jobs, followed by professional and technical services (273,720) and retail trade (265,220).
What is the average salary in Maryland?
The average annual pay for jobs covered by unemployment insurance in Maryland was $81,539 in 2025, or $1,568 a week.
How big is Maryland's economy?
Maryland's GDP was $546B in 2024, about $87,180 per resident.