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#7

Maryland

β€œThe Old Line State”

Admitted: April 28, 1788
Capital: Annapolis
6.2M people
$466.8B GDP

What Makes Maryland Beautiful

Maryland packs remarkable diversity into its borders, from the Chesapeake Bay's shimmering waters and maritime heritage to the Appalachian highlands of western Maryland. The Bay's tidal marshes, forested islands, and historic waterfronts blend seamlessly with the rolling piedmont horse country and scenic Catoctin Mountain.

Chesapeake BayAssateague IslandCatoctin Mountain ParkSwallow FallsCalvert Cliffs

Key Metrics

6.2M

Population

$466.8B

GDP

+4.5%

GDP Growth (5yr)

$95.0K

Median Income

10.5%

Tax Burden

History

1634

Lord Baltimore founds Maryland as a haven for English Catholics

1788

Ratifies the Constitution as the 7th state

1814

Battle of Baltimore inspires Francis Scott Key to write the Star-Spangled Banner

1845

U.S. Naval Academy established in Annapolis

1952

Chesapeake Bay Bridge opens, connecting Eastern and Western Shores

Top Cities

#1

Baltimore

570K

Largest city; Inner Harbor; Johns Hopkins University

#2

Columbia

105K

Planned community; top-rated suburb

#3

Germantown

90K

Montgomery County suburb; biotech corridor

#4

Silver Spring

82K

Diverse inner suburb of Washington, D.C.

#5

Annapolis

40K

State capital; U.S. Naval Academy; sailing capital

Economy & Industry

Core Industries

Federal GovernmentBiotechCybersecurityDefenseHealthcareHigher Education

Natural Resources

Crushed StoneSand and GravelCoalClays

Energy Portfolio

Natural Gas
36%
Nuclear
35%
Coal
8%
Wind
7%
Solar
8%
Other Renew.
6%

Budget & Fiscal Health

$54.2B

State Budget

$52.8B

State Revenue

$-1.4B

Fiscal Balance

Social Indicators

9.1%

Poverty Rate

41.5%

College Degree

5.1%

Uninsured

400/100K

Crime Rate

Where is Maryland Headed?

GDP Projections ($B)

Scenario1yr5yr10yr25yr50yr
Optimistic$472B$495B$524B$624B$835B
Baseline$471B$488B$511B$584B$731B
Pessimistic$469B$480B$493B$534B$611B

Political Landscape

D
R

D+14

Data timestamp: 2025-Q1 Β· Sources: U.S. Census Bureau, BEA, EIA, FBI UCR