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Baltimore County

Primary Office Markets

     
Baltimore County 32,557,049 sq/ft  
     
Baltimore County West (Owings Mills, Woodlawn) 8,818,188 sq/ft  
Baltimore County North Central (Towson, Hunt Valley, Timonium) 16,285,310 sq/ft  
Baltimore County East (White Marsh) 3,055,579 sq/ft  

Taxes

         
    Baltimore County   Maryland
Corporate Income Tax (2011)   none   8.25%
 
Personal Income Tax (2011)   2.83%   2.0% - 5.5%1
 
Sales & Use Tax (2011)   none   6.0%2
 
Business Personal Property Tax (FY 11)   $2.753   none
 
Real Property Tax (FY 11)   $1.104   $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
805,029
 
Median household income (in 2009 inflation-adjusted dollars)
$64,906
 
State Median household income (in 2009 inflation-adjusted dollars)
$69,272
 
Per capita income (in 2009 inflation-adjusted dollars)
$33,394
 
Housing units
335,622
 
Private Sector Jobs (Annual Avg Employment 2009)
307,934
 
Private Sector Establishments
21,156
 
Total civilian labor force (BY PLACE OF RESIDENCE)
423,605
 
Residents commuting outside the county to work (2007-2009)
199,786 (49.9%)
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