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Friday, November 15, 2024

Montgomery County ranked second in Maryland for resident earnings in 2018

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Montgomery County ranked second among counties in Maryland by annual earnings per resident, according to data obtained from the U.S. Census Bureau.

The median income of Montgomery County residents was $47,511 per year, adjusted for inflation. It had 370,227 households with a population of 1,040,133.

The county with the highest median resident income in the state was Howard County with $55,253 per year after adjusting for inflation – $7,742 more than Montgomery County. It had 112,966 households with a population of 315,327.

The county with the lowest median resident income in the state was Somerset County with $21,425 per year after adjusting for inflation – $26,086 less than Montgomery County. It had 8,383 households with a population of 25,737.

Maryland counties by earnings per resident (2018)

RankCountyEarnings per resident
1Howard County$55,253
2Montgomery County$47,511
3Calvert County$46,726
4Charles County$46,381
5Anne Arundel County$43,726
6St. Mary's County$41,942
7Frederick County$41,568
8Carroll County$40,865
9Queen Anne's County$39,926
10Harford County$39,840
11Prince George's County$38,674
12Baltimore County$37,266
13Cecil County$34,874
14Talbot County$34,737
15Worcester County$30,438
16Washington County$29,522
17Dorchester County$28,562
18Caroline County$28,025
19Kent County$27,221
20Wicomico County$27,133
21Garrett County$25,405
22Allegany County$22,529
23Somerset County$21,425

* All values are inflation-adjusted

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