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Baltimore County, MD

RANK #810 / 1001 NAT  ·  #13 / 18 MD  ·  POP 850,796

1YR FORECAST: -0.6%

5YR OUTLOOK: +23%

Our model projects Baltimore County's housing market at -0.6% over the next year, underperforming most U.S. counties.

[01] Why Baltimore County?

Towson, the county seat, offers a bustling downtown with shops, restaurants, and Towson University. Baltimore County, Maryland, partly surrounds but does not include Baltimore City, providing a blend of suburban and rural environments. Commuting to Baltimore City is feasible, with options like I-695, I-95, and I-83, as well as MARC train and Light Rail services. The county features diverse communities, from waterfront areas to rolling hills and farmland, with abundant parks, trails, and green spaces like Loch Raven Reservoir for outdoor recreation.

Life in Baltimore County appeals to families and young professionals, with highly-rated public schools. The county's economy is diversified, with major sectors including education, government, and healthcare. Recent economic developments show investment in areas such as data centers, energy, and manufacturing. While residents express concerns about housing costs and utility bills, the county maintains a competitive transportation network and access to global markets.

MARKET PROFILE

Educated Suburban Growth

Baltimore County is one of 110 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +1.1% runs below the profile's typical +2.4%.

See all 110 Educated Suburban Growth counties →

[02] Market Snapshot

Housing Ratio
10.9x

Overvalued relative to economy

Home Prices
+1.1%

Below national median

Climate & Terrain
-0.4

Below-average climate & terrain

Price/Rent
17x

Above national median (15x)

Housing looks overvalued at 10.9x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Baltimore County Public Schools Education
    10,000+
  2. 2
    Social Security Administration and Centers for Medicare and Medicaid Services (CMS) Government
  3. 3
    MedStar Franklin Square Hospital Healthcare
    2,500+
  4. 4
    Greater Baltimore Medical Center (GBMC) Healthcare
  5. 5
    University of Maryland St. Joseph Medical Center Healthcare
  6. 6
    University of Maryland, Baltimore County (UMBC) Education
    1,000+
  7. 7
    Towson University Education
  8. 8
    Community College of Baltimore County (CCBC) Education
  9. 9
    McCormick and Company, Inc. Manufacturing
  10. 10
    T. Rowe Price Finance
    500+

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

[04] Home Value Growth vs National

Baltimore County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
850,796
+0.14% YoY
Median Household Income
$91,768
Median Home Value
$349,300
+1.09% 12mo
Median Rent
$1,627
Average Annual Pay
$73,704
+3.7% YoY
Employment
369,412
-1.4% YoY
Income-to-Home-Value
0.2627
More affordable than average
Migration Inflow
3.56%
of pop. from another state
Bachelor's Degree+
42.3%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$379,500
Days on Market
27
Active market
Months of Supply
2.2
Seller's market
Sale-to-List Ratio
100.1%
Homes selling above asking
Sold Above List
43.6%
Listings w/ Price Drops
32.3%
Building Permits (2025)
1,531
Single-Family Permits
1,152

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

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
10.0
per 100K · nat avg 6.3
Firearm Fatalities
13.8
per 100K · nat avg 14.8
Injury Deaths
112.2
per 100K · nat avg 76.3
vs National Average
Well above 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)
45.7
Good
Good Air Days
61%
673 of 1,095 days
Unhealthy+ Days (3yr)
24
Includes 1 Very Unhealthy
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
47
2022
45
2023
45
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

$1,139M
TOTAL
PROJECT AMOUNT STATUS
Data Center in Woodlawn (Proposed)
Undisclosed
$500M Proposed
US Wind Offshore Wind Component Manufacturing Facility at Sparrows Point
US Wind
$400M Under Construction
Northeast - Riverside 230 kV Battery Project
Undisclosed
$189M Planned
Hernwood Landfill Solar Project
Undisclosed
$50M Planned

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

[08] Score Breakdown

Population Growth +0.1% 28 percentile
Income Growth +0.9% 15 percentile
Vacancy Rate 1.0% 44 percentile
Home Price Change +1.1% 40 percentile
Rent Growth +2.4% 42 percentile
Price/Rent 17x 34 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Baltimore County, MD a good place to move to?

The data is not encouraging — Baltimore County scores just 18/100 on the Boom Town Index, ranking #810 of 1001 counties. Job growth at -1.4% and median household income of $91,768 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Baltimore County affordable?

Housing in Baltimore County is roughly in line with national affordability norms. The median home costs $349,300 and the income-to-home-value ratio sits at 0.26, with rents averaging $1,627/month. Not a bargain, but not a stretch for most local earners either.

Is Baltimore County growing or shrinking?

Baltimore County's job market is contracting (-1.4% YoY) while population is roughly stable (+0.1% change). Home values are +1.1% over the past 12 months. Hiring headwinds without an offsetting exodus — residents are staying, but local employers are shedding payroll.

Are people moving to Baltimore County?

There's a moderate stream of newcomers. About 3.56% of residents moved from another state, which is above average and suggests Baltimore County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Anne Arundel County, MD 18 Frederick County, MD 19 St. Mary's County, MD 17 Cecil County, MD 21 Baltimore city, MD 12 Howard County, MD 10 Burlington County, NJ 18 San Joaquin County, CA 17