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Anne Arundel County

Primary Office Markets

     
Anne Arundel 17,936,033 sq/ft  
     
BWI Marshall Airport
Business District
10,184,881 sq/ft  
Annapolis / Southern Anne Arundel 6,684,068 sq/ft  

Notable Independent Companies

 
Independent Publicly Traded
             
    location   Symbol   Market Cap
             
Ciena Corporation   Linthicum   (CIEN)    
Annapolis Bancorp, Inc.   Annapolis   (ANNB)    
CommerceFirst Bancorp, Inc   Annapolis   (CMFB)    
Severn Bancorp, Inc   Annapolis   (SVBI)    
Glen Burnie Bancorp   Glen Burnie   (GLBZ)    
PharmAthene, Inc   Annapolis   (PIP)    
Chesapeake Lodging Trust   Annapolis   (CHSP)    

Taxes

         
    Anne Arundel   Maryland
Corporate Income Tax (2011)   none   8.25%
 
Personal Income Tax (2011)   2.56%   2.0% - 5.5%1
 
Sales & Use Tax (2011)   none   6.0%2
 
Business Personal Property Tax (FY 11)   $2.203   none
 
Real Property Tax (FY 11)   $0.884   $0.112
 
1 Graduated rate peaking at 5.5% on taxable income over $500,000

2 Exempt – sales for resale; manufacturer’s purchase of raw materials; manufacturing machinery and equipment; purchases of materials and equipment used in R&D and testing of finished products; purchases of computer programs for reproduction or incorporation into another computer program for resale

3 Rate per $100 of depreciated value. Exempt – manufacturing and R&D machinery, equipment, materials and supplies; manufacturing, R&D and warehousing inventory
In an incorporated area, the county rate may vary and a municipal rate may also apply

4 Effective rate per $100 of assessed value. In addition to this rate, there are some miscellaneous taxes and/or special taxing areas in the county; in an incorporated area, the county rate may vary and a municipal rate will also apply

 

Demographics

 
 
Population
521,209
 
Median household income (in 2009 inflation-adjusted dollars)
$80,300
 
State Median household income (in 2009 inflation-adjusted dollars)
$69,272
 
Per capita income (in 2009 inflation-adjusted dollars)
$37,138
 
Housing units
212,562
 
Private Sector Jobs
188,724
 
Private Sector Establishments
14,146
 
Total civilian labor force (BY PLACE OF RESIDENCE)
277,378
 
Residents commuting outside the county to work (2007-2009)
115,170 (38.8%)
SOURCES: U.S. Census Bureau, 2010 Census, 2009 American Community Survey 1-Year Estimates. Maryland Department of Business and Economic Development, Maryland Department of Labor, Licensing and Regulation, Office of Workforce Information and Performance, U.S. Bureau of Labor Statistics