12 / 100

Anne Arundel County, MD

District 4

RANK #868 / 996 NAT  ·  #12 / 18 MD  ·  POP 588,109

1YR FORECAST: +0.5%

5YR OUTLOOK: +13%

Our model projects Anne Arundel County's housing market at +0.5% over the next year, underperforming most U.S. counties.

[01] Why Anne Arundel County?

Annapolis, the state capital and county seat, stands out in Anne Arundel County, known as "America's Sailing Capital" and home to the United States Naval Academy. Located in central Maryland, the county is situated between Baltimore and Washington, D.C., offering residents access to both major cities. Commutes average around 30 minutes, with options including MTA bus and light rail services, as well as regional bus lines. With over 500 miles of shoreline along the Chesapeake Bay and its tributaries, the county provides extensive outdoor recreation, including boating, fishing, and numerous parks like Quiet Waters Park and Sandy Point State Park.

Life in the county balances suburban living with access to city amenities. Anne Arundel County Public Schools is the fourth largest school system in Maryland, with 126 schools. The economy is driven by diverse sectors, including the defense industry centered around Fort Meade, which houses U.S. Cyber Command and the NSA. Baltimore/Washington International Thurgood Marshall Airport (BWI) is also a significant employer and economic contributor. Recent economic developments include new warehouse construction along the I-95 corridor and expansion in the manufacturing sector.

[02] Market Snapshot

Housing Ratio
4.6x

Below national median (4.7x)

GDP Growth
+4.2%

Well above national median

Home Prices
+0.6%

Well below national median

Climate & Terrain
0.7

Moderate climate & terrain

Price/Rent
16x

Above national median (13x)

Housing is fairly valued at 4.6x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Fort George G. Meade Military
    50,000+
  2. 2
    Anne Arundel County Public Schools Education
    10,000+
  3. 3
    State of Maryland Government
  4. 4
    Northrop Grumman Mission Systems Manufacturing
    5,000+
  5. 5
    Anne Arundel County Government Government
  6. 6
    Anne Arundel Health System, Inc. Healthcare
    2,500+
  7. 7
    Southwest Airlines Logistics
  8. 8
    Maryland Live! Casino Hospitality
  9. 9
    University of Maryland Baltimore Washington Medical Center Healthcare
  10. 10
    U.S. Naval Academy / Naval Support Activity Military
    1,000+

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Anne Arundel County U.S. National

The Numbers

DEMOGRAPHICS
Population
588,109
+0.69% YoY
Median Household Income
$116,009
Median Home Value
$432,000
+0.6% 12mo
Median Rent
$1,908
Average Annual Pay
$79,546
+6.0% YoY
Employment
288,447
+3.9% YoY
Income-to-Home-Value
0.2685
More affordable than average
Migration Inflow
3.33%
of pop. from another state
Bachelor's Degree+
44.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$490,000
Days on Market
42
Moderate pace
Months of Supply
2.2
Seller's market
Sale-to-List Ratio
99.7%
Near asking price
Sold Above List
34.6%
Listings w/ Price Drops
20.5%
Building Permits (2024)
1,304
Single-Family Permits
1,005

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.6
per 100K · nat avg 6.3
Firearm Fatalities
8.3
per 100K · nat avg 14.8
Injury Deaths
88.1
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
38.7
Good
Good Air Days
88%
694 of 788 days
Unhealthy+ Days (3yr)
3
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
38
2022
38
2023
40
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$250M
TOTAL
PROJECT AMOUNT STATUS
Brandon Shores and H.A. Wagner Generating Stations continued operation
Talen Energy
$50M Operating
BGE Gas Transmission MAOP Reconfirmation Program (W. Benfield Project)
BGE
$50M Under Construction
Pandora Distribution Center
Pandora
$50M Completed
Battery Energy Storage Systems (Multiple Projects)
Various (e.g., BGE, Baltimore Gas & Electric Co.)
$50M Operating/Proposed
Community Solar Portfolio (multiple projects)
Various
$50M Operating/Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +4.2% 76 percentile
Population Growth +0.7% 61 percentile
Income Growth +7.4% 24 percentile
Vacancy Rate 1.0% 56 percentile
Home Price Change +0.6% 39 percentile
Rent Growth +2.4% 40 percentile
Price/Rent 16x 24 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Anne Arundel County, MD a good place to move to?

The data is not encouraging — Anne Arundel County scores just 12/100 on the Boom Town Index, ranking #868 of 996 counties. Job growth at +3.9% and median household income of $116,009 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Anne Arundel County affordable?

Housing in Anne Arundel County is roughly in line with national affordability norms. The median home costs $432,000 and the income-to-home-value ratio sits at 0.27, with rents averaging $1,908/month. Not a bargain, but not a stretch for most local earners either.

Is Anne Arundel County growing or shrinking?

Anne Arundel County is growing on multiple fronts. Population is up +0.7% year-over-year while employers added jobs at a +3.9% clip. Home values shifted +0.6% in the past year.

Are people moving to Anne Arundel County?

There's a moderate stream of newcomers. About 3.33% of residents moved from another state, which is above average and suggests Anne Arundel County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Worcester County, MD 12 Prince George's County, MD 12 Howard County, MD 9 Cecil County, MD 16 Harford County, MD 16 Charles County, MD 8 Monterey County, CA 12 Greenville County, SC 11