Rankings – business.maryland.gov

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See Where Maryland Ranks In Key Categories

#1

Median tech occupation wages

#1

Best State to Maximize a Middle-Class Income

According a report by Upgraded points, a travel finance website, Maryland is the best state to maximize a middle-class income.

#3

Highest median household income

Maryland has the 3rd highest median household income among states for 2023 at $102,905, which is 26% above the national median.

#3

Best state for families to live on the average salary

Maryland ranked third in best states to live on the average salary. Forbes reveals that the average two-earner household in Maryland brings home 62.94% more than the amount needed to cover basic costs.

#7

Lowest poverty rate

Maryland has the seventh lowest poverty rate, with 6.2% of the population living in poverty, compared to the national average of 8.8%.

3

Counties among the top 25 large counties in the nation for median household income

Maryland is home to three of the top 25 large counties in the nation for median household income. Howard County ranks 7th ($140,971), Calvert ranks 19th ($128,078), and Montgomery ranks 23rd ($125,583) among more than 800 counties with a population of 65,000 or greater.