Overview:
THE BALTIMORE market has historically been flat in terms of population and labor growth, both of which have grown less than 1% over the last ten years. The unemployment rate in Baltimore is 4.0%, placing it slightly above the national average of 3.7%. The largest employment sectors in Baltimore are the education and health sectors, which employ nearly 20% of workers. Security and military tech companies are also growing in the Baltimore market due to the proximity to the Washington DC market.
