Economy

 

Median household income in Baltimore city, MD is $52,164. 

Males in Maryland have an average income that is 1.25 times higher than the average income of females, which is $67,182. The income inequality in Maryland (measured using the Gini index) is 0.457, which is lower than than the national average.

The economy of Baltimore city, MD employs 282k people.

The largest industries in Baltimore city, MD are

  • Health Care & Social Assistance (53,949 people),
  • Educational Services (34,568 people), and
  • Retail Trade (25,088 people),

The highest paying industries are

  • Professional, Scientific, & Technical Services ($70,476),
  • Management of Companies & Enterprises ($63,958), and
  • Public Administration ($63,418).

 

Major Employers

 

With easy access to highways, port, rail, and air travel, Baltimore City is an attractive home to a number of major employers. Financial and professional services, health and bioscience technology, culture and tourism, information and creative services, logistics, and advanced manufacturing are major industries in the area. 

 

Healthcare:

Johns Hopkins Hospital and Health System; University of Maryland Medical System; MedStar Health; LifeBridge Health; Mercy Health Services; St. Agnes HealthCare; Kennedy Krieger Institute;  Future Care

 

Retail & Manufacturing:

Amazon; Under Armour; H&S Bakery; DAP Products; Pandora Americas

 

Education:

Johns Hopkins University; University System of Maryland; Maryland Insitute College of Art; Morgan State University; Loyola University Maryland; Laureate Education; Baltimore City Community College

 

Government:

Veterans Health Administration; U.S.Social Security Administration

 

Financial Services:

T.Rowe Price Group; Legg Mason; Morgan Stanley

 

Other:

Exelon; Broadway Services; Horseshoe Casino; Marriott International; M&T Bank; Ports America Chesapeake; Agora

 

                  

        Johns Hopkins Hospital and Health System                     Kennedy Krieger Institute

 

                

               Loyola University Maryland                         Marriott International

 

            

               Maryland Insitute College of Art                                         Morgan Stanley

 

               

                             Ports America                                        U.S.Social Security Administration

 

            

                       Under Armour                                 University System of Maryland

 

 

 

Sources:

Baltimore city, MD | Data USA

Major Employers - Live Baltimore

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