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Our Jurisdictions

Greater Baltimore: Accessible, Affordable, Enriching

The Greater Baltimore region is the 20th largest metropolitan statistical area by population in the U.S. with more than 2.8 million residents, and is Maryland’s economic center, comprising 50 percent of the State GDP. The Region encompasses more than 2,500 square miles of land with a diversity of uses including a deep water port, agriculture, and manufacturing. It occupies a critical location along the I-95 Northeast Corridor, a location that fuels the growth of its diverse industry sectors and the availability of its high-quality talent to support those industries.

Join us as we walk through some of Greater Baltimore's tremendous economic assets and highlight the many ways in which Greater Baltimore is truly "leading the pack" as a location of choice for businesses, investment, and quality of life.

    #1

    State for Science & Tech Workforce (Milken Institute, 2020)

    #1

    State for Federal & Academic R&D (NSF, 2019)

    #1

    Most Efficient Port in United States (Port of Baltimore, 2017)

    #1

    Passenger Airport in MD-DC-VA (BWI Thurgood Marshall, 2019)

    Location, Location, Location

    Map

    With its premier geographic location, the Region provides overnight access to one-third of the U.S. consumer market. Washington DC, Philadelphia, and Harrisburg are all within a 45-minute drive of Greater Baltimore, and rail passengers can reach New York in just over 2 hours. This strategic location makes Greater Baltimore a prime location for Logistics, Manufacturing, Energy, and direct-to-consumer Agriculture.

    Proximity to Washington DC has led to decades of federal investment, with Greater Baltimore home to the headquarters of the National Security Agency, the Social Security Administration, the Center for Medicaid & Medicare Services, Aberdeen Proving Ground, U.S. Cyber Command, Fort George G. Meade and others. In addition, there is easy access to and from Greater Baltimore to other federal installations across Maryland, including the Food & Drug Administration, the National Institutes of Health and all of its 27 institutes, the National Institute of Standards & Technology, and NASA Goddard Space Flight Center, among others.

    This proximity, combined with Greater Baltimore's world-leading STEM talent pipeline and decades of private-sector innovation, has made Greater Baltimore a leader in Cybersecurity, Life Sciences, Healthcare, and Information Technology.

    Greater Baltimore's diverse and relatively inexpensive, high-quality commercial and residential real estate provides a low cost of doing business - and of living – compared to other cities along the Northeast Corridor.

    Greater Baltimore

    Philadelphia

    Washington DC

    Boston

    Office Lease / ft.² (JLL, Q2 2021)

    $26.23

    $28.40

    $42.68

    $44.19

    Median Home Price (NAR, Q1 2021)

    $329,800

    $275,000

    $498,100

    $582,700

    Our Jurisdictions

    Population

    Land Mass

    Median HH Income

    Federal Workers

    County Seat

    Anne Arundel County

    579,234

    415 mi.²

    $100,798

    13,898

    Annapolis

    Baltimore City

    593,490

    81 mi.²

    $50,379

    11,012

    Baltimore

    Baltimore County

    827,370

    598 mi.²

    $76,866

    14,039

    Towson

    Carroll County

    168,447

    448 mi.²

    $96,769

    355

    Westminster

    Cecil County

    102,855

    346 mi.²

    $76,887

    2,246

    Elkton

    Harford County

    255,441

    437 mi.²

    $89,147

    11,354

    Bel Air

    Howard County

    325,690

    250 mi.²

    $121,160

    718

    Ellicott City

    GREATER BALTIMORE (MSA) TOTAL

    2,800,189

    2,576 mi.²

    $83,160

    51,320

    Economic Development Partners

    The Economic Alliance's longstanding partnerships with other economic development organizations, as well as the many other regional organizations and institutions, are integral to Baltimore's economic success. Our collaborations and unified commitment to the region continue to create -- and build upon -- a stronger foundation for Greater Baltimore. These are the organizations that help us in our mission.

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    Other Partner Organizations

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