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Population

Maryland has a population of approximately 6,148,545 and experiences a population change rate of 16.09%. The population density is 633.4 / sq mi .

Household

The median household income for Maryland is $91,431, with 2,294,270 households and an average household size of 2.62.

Home Value

The median value of a home in Maryland is $388,100 with an appreciation rate of 10.70%. 61.35% of housing in the state is owned while 29.83% is rented.

Cost of Living

The cost of living in Maryland is 124.6 %.

Employment

The unemployment rate in Maryland is 1.80%, and recent job growth is at 1.80%. Future job growth is projected at 33.44%.

Taxes

The sales tax rate in Maryland is 6.00%, while the income tax rate is 4.75% .

Education

School expenditures in Maryland are $17,964, and the school ratio is 14.2:1.

Weather

The average high temperature in July is 87.1 degrees, with an average low temperature in January of 25.3 degrees. The average rainfall is approximately 44 inches per year, with 18.6 inches of snow per year.