Brief Economic Facts ANNE ARUNDEL COUNTY, MARYLAND

Brief Economic Facts ANNE ARUNDEL COUNTY, MARYLAND

Brief Economic Facts ANNE ARUNDEL COUNTY, MARYLAND New Yo rk Anne Arundel County is located in the heart of the nation’s fourth largest market, Washington, DC the Baltimore-Washington D.C. corridor. Baltimore It is home to the state capital, Annapolis, and the U.S. Naval Academy, both major Annapolis visitor destinations. With over 500 miles Washington, DC of shoreline along the Chesapeake Bay and its tributaries, the county successfully Anne Arundel County is located in the heart of combines natural beauty and rural charm the nation’s fourth largest with metropolitan sophistication. marketplace, the Baltimore- The county’s economy is supported by a Washington D.C. corridor. diverse set of economic drivers such as BWI Marshall Airport, the defense industry, world class private sector employers, and telecommunications, DHL expanded to more than 48,000 sf of warehouse space in retail, and distribution operations. Its rapidly expanding defense Hanover. In Severn, Imperfect Produce has begun operations at industry is fueled by the presence of multiple federal agencies its new regional distribution center and expects to quadruple its located at Fort George G. Meade. Ft. Meade is the center for 25 person team within a year. cyber operations in the nation with the presence of U.S. Cyber Key private sector employers include Booz Allen Hamilton, Command, NSA and DISA. CSC, Johns Hopkins HealthCare, Northrop Grumman, Collins The county continues to expand its economic base. Best Buy Aerospace, Southwest Airlines and KeyW. The county’s recently consolidated its Mid-Atlantic e-commerce, warehouse private sector industries generate $28.8 billion in economic and distribution operations to a 500,400 sf space in Curtis Bay. output. LOCATION POPULATION2,3 Driving distance from Annapolis: Miles Kilometers Anne Arundel County Baltimore Atlanta, Georgia 648 1,042 Households Population Metro* Maryland Baltimore, Maryland 25 41 2000 178,670 489,656 2,552,994 5,296,486 Boston, Massachusetts 418 673 2010 199,378 537,656 2,710,489 5,773,552 Chicago, Illinois 708 1,139 2020** 218,994 573,250 2,851,100 6,141,900 New York, New York 208 334 *Baltimore City, Anne Arundel, Baltimore, Carroll, Harford, Howard and Philadelphia, Pennsylvania 119 191 Queen Anne’s counties **Projections Pittsburgh, Pennsylvania 244 393 Selected places population (2010): Glen Burnie 67,639; Severn Richmond, Virginia 129 208 44,231; Annapolis 38,394; Severna Park 37,634; Odenton Washington, DC 32 52 37,132; Crofton 27,348 CLIMATE AND GEOGRAPHY1 POPULATION DISTRIBUTION2,3 (2018) Yearly Precipitation (inches) 44.6 Age Number Percent Yearly Snowfall (inches) 14.1 Under 5 35,416 6.1 Summer Temperature (ºF) 76.6 5 - 19 105,997 18.4 Winter Temperature (ºF) 37.3 20 - 44 195,141 33.9 Days Below Freezing 71.4 45 - 64 154,927 26.9 Land Area (square miles) 418.4 65 and over 84,550 14.7 Water Area (square miles) 71.4 Total 576,031 100.0 Shoreline (miles) 508 Median age 38.4 years Elevation (feet) sea level to 300 2019.2 Brief Economic Facts ANNE ARUNDEL COUNTY, MARYLAND LABOR AVAILABILITY3,4,5 (BY PLACE OF RESIDENCE) EMPLOYMENT4 (2018, BY PLACE OF WORK) Labor Mkt. Estab- Annual Avg. Emp. Avg. Wkly. Civilian Labor Force (2018 avg.) County Area* Industry lishments Empl. % Wage Total civilian labor force 309,603 1,738,039 Federal government 101 13,223 4.8 $1,794 Employment 299,260 1,666,938 State government 76 12,627 4.6 1,087 Unemployment 10,343 71,101 Local government 161 21,783 8.0 998 Unemployment rate 3.3% 4.1% Private sector 14,972 225,395 82.6 1,124 Residents commuting outside the Number Percent Natural resources and 29 217 0.1 1,097 county to work (2013-2017) 123,510 41.6% mining Employment in selected occupations (2013-2017) Construction 1,748 17,635 6.5 1,261 Management, business, science and arts 136,488 47.0% Manufacturing 311 12,315 4.5 2,178 Service 44,848 15.4% Trade, transportation 3,051 57,324 21.0 940 Sales and office 66,855 23.0% and utilities Production, transp. and material moving 20,694 7.1% Information 177 2,165 0.8 1,606 * Anne Arundel, Baltimore, Howard and Prince George’s counties and Financial activities 1,385 10,958 4.0 1,339 Baltimore City Professional and business 3,501 44,467 16.3 1,626 services Education and health 1,677 34,295 12.6 1,014 MAJOR EMPLOYERS6,7 (2018-2019) services Employer Product/Service Employment Leisure and hospitality 1,514 35,811 13.1 455 Ft. George G. Meade* Military installation 54,000 Other services 1,570 10,205 3.7 858 Northrop Grumman Electronic surveillance 8,465 Total 15,311 273,028 100.0 1,145 products Includes civilian employment only Southwest Airlines Airline 4,835 Anne Arundel Health Medical services 4,000 4 System HOURLY WAGE RATES (2018) Live! Casino & Hotel Casino gaming, lodging 3,000 Selected Occupations Median Entry Experienced University of Maryland Medical services 2,930 Accountants $36.88 $24.16 $57.56 Baltimore Washington Bookkeeping/accounting clerks 21.20 13.87 25.04 Medical Center Computer systems analysts 44.67 29.23 55.69 U.S. Naval Academy / Higher education 2,340 Naval Support Activity* Customer service representatives 16.17 10.65 20.44 Booz Allen Hamilton Strategy management, 2,100 Electrical engineers 48.55 32.37 72.37 technology services Electrical/electronic equipment 28.23 17.52 32.06 Anne Arundel Community Higher education 1,940 assemblers College Electronics engineering technicians 36.52 25.95 43.02 Allegis Group HQ / technology and 1,500 Freight, stock and material 14.49 11.95 19.13 administrative placement movers, hand CSC IT services 1,230 Industrial truck operators 17.42 14.81 19.82 Johns Hopkins Healthcare Medical services 855 Inspectors, testers, sorters 24.58 16.30 30.19 Collins Aerospace Avionics telecom systems 750 Machinists 28.93 22.94 32.64 KeyW IT services 700 Network administrators 49.12 35.28 58.47 Verizon Telecommunications 560 Packers and packagers, hand 12.41 10.29 15.38 Lockheed Martin Systems engineering 490 Secretaries 20.09 13.10 23.53 software Shipping/receiving clerks 16.19 11.16 20.37 AT&T Services Telecommunications 350 Stock clerks and order fillers 11.42 10.39 14.80 Excludes post offices, state and local governments, national retail and national foodservice; includes higher education Team assemblers 11.06 9.74 14.31 * Employee counts for federal and military facilities exclude contractors to the Wages are an estimate of what workers might expect to receive in Anne extent possible; embedded contractors may be included Arundel County and may vary by industry, employer and locality Brief Economic Facts ANNE ARUNDEL COUNTY, MARYLAND SCHOOLS AND COLLEGES3,8,13 INCOME3 (2013-2017) Educational Attainment - age 25 & over (2013-2017) Percent Households High school graduate or higher 92.0% Distribution Anne Arundel Co. Maryland U.S. Bachelor’s degree or higher 40.1% Under $25,000 9.3 14.2 21.3 Public Schools $25,000 - $49,999 14.4 17.1 22.5 Number: 81 elementary; 20 middle/comb.; 14 high; 2 charter $50,000 - $74,999 15.4 16.5 17.7 Enrollment: 83,307 (Sept. 2018) $75,000 - $99,999 13.9 13.1 12.3 Cost per pupil: $13,648 (2017-2018) $100,000 - $149,999 22.0 18.7 14.1 Students per teacher: 14.7 (Oct. 2018) $150,000 - $199,999 12.2 9.7 5.8 High school career / tech enrollment: 8,828 (2017) $200,000 and over 12.9 10.7 6.3 High school graduates: 5,268 (July 2018) Median household $94,502 $78,916 $57,652 Nonpublic Schools Number: 118 (Sept. 2018) Average household $116,281 $103,845 $81,283 Higher Education (2018) Enrollment Degrees Per capita $43,258 $39,070 $31,177 2-year institution Total income (millions) $23,884 $226,495 $9,658,475 Anne Arundel Community College 12,886 1,622 4-year institutions St. John’s College 529 123 HOUSING3,10 United States Naval Academy* 4,495 1,058 Occupied Units (2013-2017) 205,395 (74.3% owner occupied) Other universities offering programs in the county include Central Michigan and Strayer Universities. Housing Transactions (2018)* Anne Arundel Community College@Arundel Mills - Regional higher Units sold 8,619 education center offering coursework from Frostburg State University, Notre Dame of Maryland University, McDaniel College, Stevenson Median selling price $338,287 University, and the University of Maryland University College. *All multiple listed properties; excludes auctions and FSBO * Data for 2017 TAX RATES9 BUSINESS AND INDUSTRIAL PROPERTY6,11 Anne Arundel Co. Maryland The commercial real estate market consists of approximately 65 business parks situated throughout the county with concen- Corporate Income Tax (2019) none 8.25% tration in the BWI Business District and western Anne Arundel Base – federal taxable income County. Personal Income Tax (2019) 2.50% 2.0%-5.75% * Annapolis Corporate Park - 28-acre project in Annapolis directly Base – federal adjusted gross income off Harry S Truman Pkwy. near intersection with Riva Rd.; 5 *Graduated rate peaking at 5.75% on taxable income over $300,000 buildings with approximately 227,190 sf of Class A office space. Sales & Use Tax (2019) none 6.0% BW Gateway - 26.5 acre property at 7565 Harmans Road in Hanover; 2 buildings with 290,000 sf of industrial/warehouse Exempt – sales for resale; manufacturer’s purchase of raw materials; manufacturing machinery and equipment; purchases of materials and space. equipment used in R&D and testing of finished products; purchases Corporate Center at Arundel Preserve - 2 million sf office of computer programs for reproduction or incorporation into project at Route 295 and Arundel Mills Blvd.

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