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Maryland

Maryland borders Washington, D.C., the nation’s capital.

Among the 50 states, Maryland ranks 42nd in size and

19th in population. Its median household income is

the highest among the states. More than 90 percent of

Maryland’s six million residents live in the Washington-

Baltimore-Arlington Combined Statistical Area.

The state’s diversified economy is rooted in high technology

and biosciences, as well as revitalized manufacturing and

international trade. Transportation resources include the Port

of Baltimore and the Baltimore/Washington International

Thurgood Marshall Airport. Professional and technical workers

constitute 28.3 percent of the state’s work force–the highest

concentration among states. Maryland ranks third among the

states in educational attainment–38.2 percent of Maryland’s

population age 25 and older hold a bachelor’s degree or higher.

Maryland’s 166,000 businesses employ more than 2.1 million

workers with an annual payroll of $115 billion; 3,270 businesses

have 100 or more workers. Major employers include BAE

Systems, CSC, First Data, General Motors, Hughes Network

Systems, IBM, Johns Hopkins, Lockheed Martin, Marriott,

McCormick, Northrop Grumman, Southwest Airlines, and

Verizon. Significant technology companies include ATK,

Battelle, BD Diagnostics, Firaxis, General Dynamics, GP

Strategies, GSK, ITT, Leidos, Life Technologies, MedImmune,

Raytheon, SafeNet, Textron Systems, and Thales.

Maryland has four Foreign-Trade Zones

and 30 State Enterprise Zones.

1

Employer

Product/

Service

Employment

Fort George G. Meade

Military installation 53,730

Univ. System of Maryland Higher Education 38,490

Johns Hopkins University

Higher Education 30,910

Johns Hopkins Hospital

and Health System

Hospitals; health

services

28,150

Univ. of Md. Medical

System

Hospitals; health

services

26,450

Aberdeen Proving Ground Military installation 22,800

National Inst. of Health

Federal agency

17,660

Joint Base Andrews Naval

Air Facility Washington

Military installation 17,500

Walmart

Consumer goods

15,500

U.S. Social Security Admin.

Federal agency

14,350

U.S. Food and Drug Admin.

Federal agency

14,260

MedStar Health

Hospitals; health

services

13,570

Giant Food

Groceries

12,070

Naval Support Activity

Bethesda

Military installation 11,690

Naval Air Station Pax. River

Military installation 11,430

Northrop Grumman

Electronic systems

10,400

Marriott International

Food and lodging

services

9,240

LifeBridge Health

Hospitals; health

services

9,140

Verizon Maryland

Communications

services

8,280

Lockheed Martin

Tech and engr.

services

7,670

Genesis Healthcare

Nursing care

7,580

Target

Consumer goods

7,540

Safeway

Groceries

7,230

Home Depot

Home improve.

products

7,020

United Parcel Service (UPS)

Mail and package

delivery

7,000

Major Employers (2015)

Source:

http://commerce.maryland.gov/Documents/ResearchDocument/BriefEconomicFactsMaryland.pdf

Source:

1.

http://commerce.maryland.gov/Documents/ResearchDocument/BriefEconomicFactsMaryland.pdf