States · Maryland

Maryland Economy — Live Data

Maryland's economy runs on biotech, cybersecurity, and federal contracting. Unemployment sits at 4.4%, above the national rate of 4.2%. This page tracks the numbers that matter for Maryland — jobs, house prices, and income — straight from federal data, updated automatically.

Unemployment Rate
4.4%
▲ Above US average (4.2%)
Nonfarm Jobs
2.80M
▼ -1.0% jobs YoY
House Prices (YoY)
+3.4%
▲ Rising
Per-Capita Income
$82K
▲ +3.0% vs prior year
Maryland vs. United States — Unemployment
Maryland
4.4%
United States
4.2%

Maryland is running above the national unemployment rate. At 4.4% vs 4.2% nationally, local job seekers face a somewhat tougher market than the US average.

Jobs & Output
Nonfarm payrolls
2.80M
Job growth (YoY)
-1.0%
Real GDP (2025)
$436B
GDP growth (YoY)
+0.7%

Payrolls are monthly (BLS); GDP and income are annual (BEA). Key sectors in Maryland: biotech, cybersecurity, and federal contracting.

What this means if you live or work in Maryland
💼
Job market
With unemployment at or above the national average, hiring in Maryland is more employer-friendly — job seekers should expect more competition per opening.
🏠
Housing
House prices are rising moderately (+3.4% YoY) — a balanced market by recent standards.
💵
Income
Per-capita personal income in Maryland is $81,834, up 3.0% from the prior year. Compare against national inflation to gauge real purchasing power.
🏭
Key industries
Maryland's economy leans on biotech, cybersecurity, and federal contracting — sector-specific national trends (energy prices, rates, consumer spending) hit this state through those channels first.
Key Numbers — Maryland
Unemployment4.4%
US unemployment4.2%
Nonfarm jobs2.80M
House prices YoY+3.4%
Per-capita income$81,834
Real GDP$436B
Labor data as ofMay 2026
Nearby States
Virginia economy → Delaware economy → Pennsylvania economy → District of Columbia economy → All 50 states →
National Data
US labor market → US housing data → US inflation → Full dashboard →

Data: FRED (Federal Reserve Bank of St. Louis) — series MDUR, MDNA, MDSTHPI, MDPCPI, MDRGSP — plus BLS and BEA. Live values load on page open; figures shown are the most recent official releases. Not financial advice.