Maryland Employment Statistics

  • 172,835 employers
  • 2,676,866 employees
  • $1,176 average weekly wage
  • The average weekly wage is 6.8% above the national average
  • The cost of living is 31.3% above the national average

Types of Employers (Private Sector vs Government Agency)

As an employer in Maryland, you are most likely to be running a private company rather than a government agency. 98.0% of employers run private companies in the state, BIGGER0.9% greater than the national average of 97.0. The remaining 2.0% of employers are government agencies: 0.6% work in a federal agency, 0.3% work for the state and 1.2% work for local government. The chart below illustrates the breakout of employers by type.
81.7% of employees work for a private company. This is 3.5% below the national average of 85.2%. Local government agencies employ 9.1% of the workers in the state, state government agencies employ 3.7% of the workers and the federal government employs 5.4%. The percentage of employees working for a government agency (18.3%) is 3.5% higher than the national average. The chart below illustrates the breakout of employees by type of employer.
The average weekly wage in Maryland is $1,176 per week, which is 6.8% less than the national average of $1,101 per week. Maryland workers that are employed by private businesses earn $1,130 per week, 2.7% greater than the national average for private company employees. Employees of federal government agencies in Maryland earn $2,035 per week, a premium of 80.1% compared to what employees of private companies earn. The chart below illustrates the average weekly by type of employer.


Leading Sectors

Businesses by Sector

The sector with the greatest number of businesses in the state is Professional services with 17.2% of the businesses in the state. Other services (11.2%) and Retail trade (10.6%) round out the top 3 sectors.
Table: Sectors by # of Businesses
Sector# Businesses% of Bus.
Professional services29,66917.2%
Other services19,29511.2%
Retail trade18,40610.6%
Healthcare17,86910.3%
Construction16,4519.5%
Accommodation and food services12,2707.1%
Waste services12,1977.1%
Wholesale trade10,1305.9%
Finance and insurance8,3934.9%
Real estate and rental6,8634.0%
Manufacturing4,0072.3%
Transport and warehousing3,9712.3%
Educational services2,9541.7%
Information2,7261.6%
Arts and entertainment2,4671.4%
Company management7180.4%
Agriculture and forestry6330.4%
Utilities1960.1%
Mining and oil extraction880.1%
Unclassified140.0%


Employees by Sector

The sector with the greatest number of employees in the state is Healthcare with 14.0% of the employees in the state. Retail trade (10.6%) and Professional services (9.4%) round out the top 3 sectors.
Table: Sectors by # of Employees
Sector# Employees% of Emp'
Healthcare375,86014.0%
Retail trade283,74210.6%
Professional services251,9389.4%
Accommodation and food services234,5028.8%
Waste services173,2076.5%
Construction163,1696.1%
Manufacturing109,7264.1%
Finance and insurance91,8303.4%
Other services91,7913.4%
Wholesale trade85,2443.2%
Transport and warehousing83,6793.1%
Educational services69,4132.6%
Arts and entertainment47,4231.8%
Real estate and rental46,4591.7%
Information36,2191.4%
Company management27,5401.0%
Utilities9,7270.4%
Agriculture and forestry5,3300.2%
Mining and oil extraction1,1170.0%
Unclassified30.0%


Average Weekly Wage by Sector

The sector that pays their employees the highest is Utilities paying $2,408per week compared with the state average of $1,130. Company management ($2,352) and Finance and insurance ($2,094) round out the top 3 sectors.
Table: Wages by Sector
SectorWkly Wagevs St Avg.
Utilities$2,408213.1%
Company management$2,352208.1%
Finance and insurance$2,094185.3%
Professional services$1,911169.1%
Information$1,785158.0%
Wholesale trade$1,559138.0%
Manufacturing$1,518134.3%
Mining and oil extraction$1,317116.5%
Construction$1,267112.1%
Real estate and rental$1,253110.9%
Educational services$1,11198.3%
Healthcare$1,03291.3%
Transport and warehousing$99287.8%
Waste services$84274.5%
Other services$83173.5%
Agriculture and forestry$72664.2%
Unclassified$70562.4%
Arts and entertainment$62054.9%
Retail trade$61854.7%
Accommodation and food services$43038.1%


Leading Industries

Businesses by Industry

Each broad sector is made up of specific industries. In Maryland. the industry with the most businesses is Restaurants and other eating places with 5.8% of the businesses in the state (with 10,015 employing 186,085 workers). Computer systems design and related services (5.4%) and Private households (4.3%) round out the top 3 industries. The Top 10 Industries in the state are:
Industry# BusinessesEmp/Biz
Restaurants and other eating places10,01518.6
Computer systems design and related services9,4088.2
Private households7,4111.1
Management consulting services5,7016.1
Offices of physicians4,87010.9
Residential building construction4,4554.4
Wholesale trade agents and brokers4,0802.3
Offices of lawyers2,9945.5
Accounting and bookkeeping services2,8466.0
Offices of dentists2,6036.8


Employees by Industry

The industry with the greatest number of employees in the state is Restaurants and other eating places with 7.0% of the businesses in the state. The industry employs 186,085 in 10,015 businesses, there are 18.6 employees on average in each of these businesses. General medical and surgical hospitals (3.7%) and Computer systems design and related services (2.9%) round out the top 3 industries.
Table: Industries by # of Employees
Industry# EmpEmp/Biz
Restaurants and other eating places186,08518.6
General medical and surgical hospitals98,943504.8
Computer systems design and related services77,1738.2
Offices of physicians52,89510.9
Supermarkets and other grocery stores49,58744.2
Temporary help services43,89326.0
Management consulting services34,9376.1
Engineering services33,21517.3
Plumbing and hvac contractors29,75713.0
Nursing care facilities skilled nursing29,423111.0


Average Weekly Wage by Industry

The industry that pays their employees the most is Other financial vehicles, paying $6,192 compared with the state average of $1,130. Miscellaneous intermediation ($4,493) and Investment advice ($4,410) round out the top 3 industries.
Table: Wages by Industry
IndustryWkly Wage% of Avg
Other financial vehicles$6,192548.0
Miscellaneous intermediation$4,493397.6
Investment advice$4,410390.3
Investment banking and securities dealing$3,840339.8
Securities brokerage$3,650323.0
Computer and software merchant wholesalers$3,474307.4
Portfolio management$3,409301.7
Accessories and other apparel manufacturing$3,084272.9
Coal and other mineral merchant wholesalers$3,077272.3
Electric power generation$2,997265.2


Company Size

Maryland Businesses by Size

The solopreneur company, has the most businesses in Maryland by far. 60.8% of all businesses in the state have fewer than 5 employees. The 159,894 small businesses in the state represent 95.2% of all private businesses. The national average is 92.6%. (Small businesses have fewer than 50 employees, Solopreneurs employ fewer than 5.) The pie chart below illustrates the ratio of business sizes.

Maryland Employees by Business Size

The largest companies in the state represent 118.5% of all employees, which is 20.0% lower than the national average of 138.4%. Smallest companies also employ a lower percentage of the states workforce than the largest companies. The solopreneur (those that employ fewer than 5) companies employ 90.8% of all workers, which is 0.7% lower than the national average of 91.5%. All small companies, those employing fewer than 50 people, represent 578.0% of the labor force in the state, 28.0% more than the national average of 550.0%.

Maryland Avg Weekly Wages by Business Size

The smallest companies in Maryland (those with fewer than 5 employees) pay workers 17.4% more than the national average ($1,180 per week as compared to the national average of $975 per week). The largest companies in Maryland (those with more than 1,000 employees) pay 17.2% workers below the national average ($1,606 per week as compared to the national average of $1,882 per week).



Data Sources




About the Writer

This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.