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Moving to Maryland in 2024? Complete Moving Guide
This is a complete guide for Moving to Maryland.
Get all the information you need to know about moving to Maryland.
Are You Thinking Of Moving To Maryland?
Maryland, known for its rich history, diverse culture, and vibrant communities, offers a unique blend of urban and rural living. Whether you're considering a move for career opportunities, educational prospects, or simply a change of scenery, Maryland has much to offer. This guide aims to provide you with essential information to make your transition smoother.
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Quick Facts of Maryland
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Top reasons to move to Maryland
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Pros & Cons of Living in Maryland
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Best Neighborhoods in the Maryland
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Cost of living in Maryland
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Maryland job market
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Top Career Options in Maryland
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Best things to do in Maryland
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Schools in Maryland
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Type of insurance required in Maryland
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Taxes in Maryland
Maryland Demographics
Maryland boasts a diverse population with a mix of ethnicities and age groups.
Male vs Female Population of Maryland 2022
| Gender | Population | Percentage |
|---|---|---|
| Male | 3,524,189 | 47.8% |
| Female | 3,849,026 | 52.2% |
| Total | 7,373,215 | 100% |
Source: U.S. Census Bureau, Population Estimates Program (PEP), 2022
Male vs Female Population by Age Groups in Maryland 2022
| Age Group | Male | Female | Total |
|---|---|---|---|
| 0-4 | 193,815 | 185,799 | 379,614 |
| 5-9 | 200,377 | 192,801 | 393,178 |
| 10-14 | 213,609 | 204,522 | 418,131 |
| 15-19 | 207,143 | 198,497 | 405,640 |
| 20-24 | 197,991 | 199,864 | 397,855 |
| 25-29 | 205,761 | 209,480 | 415,241 |
| 30-34 | 207,435 | 214,035 | 421,470 |
| 35-39 | 203,895 | 211,876 | 415,771 |
| 40-44 | 203,166 | 214,879 | 418,045 |
| 45-49 | 208,634 | 222,957 | 431,591 |
| 50-54 | 212,279 | 228,912 | 441,191 |
| 55-59 | 209,752 | 226,798 | 436,550 |
| 60-64 | 189,637 | 207,261 | 396,898 |
| 65-69 | 148,657 | 166,756 | 315,413 |
| 70-74 | 106,778 | 125,581 | 232,359 |
| 75-79 | 74,591 | 92,107 | 166,698 |
| 80-84 | 48,922 | 65,553 | 114,475 |
| 85+ | 38,343 | 61,780 | 100,123 |
Source: U.S. Census Bureau, Population Estimates Program (PEP), 2022
Population distribution by Ethnicity in Maryland 2022
| Ethnicity | Population | Percentage |
|---|---|---|
| White alone | 3,927,649 | 52.9% |
| Black or African American alone | 2,282,123 | 30.8% |
| Hispanic or Latino | 688,765 | 9.3% |
| Asian alone | 392,931 | 5.3% |
| Two or More Races | 229,093 | 3.1% |
| Other | 145,654 | 2.0% |
Source: U.S. Census Bureau, Population Estimates Program (PEP), 2022
Quick Facts of Maryland
Discover some intriguing facts about Maryland:
- Maryland is the 9th smallest state by area in the U.S.
- The state is home to the nation's first dental school, the Baltimore College of Dental Surgery, founded in 1840.
- Maryland has the highest median household income of any state.
- Chesapeake Bay, the largest estuary in the U.S., partially borders Maryland.
- The state is famous for its blue crabs, served in various culinary delights.
- Maryland has a rich history, being one of the original 13 colonies and playing a pivotal role in the American Revolution.
- Annapolis, Maryland's capital, is home to the U.S. Naval Academy.
- The state's motto, "Fatti maschii, parole femine," translates to "Manly deeds, womanly words" in Italian.
Top reasons to move to Maryland
Consider the following reasons to make Maryland your new home:
- Diverse Culture: Maryland embraces cultural diversity, offering a rich tapestry of traditions, cuisines, and festivals.
- Educational Opportunities: The state boasts top-notch educational institutions, including renowned universities such as Johns Hopkins University and the University of Maryland.
- Economic Stability: Maryland's economy is robust, with thriving sectors in technology, healthcare, and biotechnology.
- Outdoor Recreation: From the shores of the Chesapeake Bay to the Appalachian Mountains, Maryland offers abundant opportunities for outdoor enthusiasts.
- Proximity to Major Cities: Maryland is strategically located near major metropolitan areas such as Washington D.C. and Baltimore, providing easy access to cultural attractions and employment opportunities.
- Historical Significance: History buffs will appreciate Maryland's rich historical heritage, with sites ranging from colonial landmarks to Civil War battlefields.
- Excellent Healthcare: Maryland boasts world-class healthcare facilities, ensuring access to quality medical care for residents.
Pros & Cons of Living in Maryland
Consider the following pros and cons before making your decision to move:
| Pros of Living in Maryland | Cons of Living in Maryland |
|---|---|
| Strong job market and high median household income | High cost of living, particularly in urban areas |
| Abundant cultural and recreational opportunities | Traffic congestion, especially in the D.C. metro area |
| Proximity to major cities and cultural attractions | Higher-than-average taxes, including income and property taxes |
| Access to top-notch educational institutions | Severe weather events, including hurricanes and winter storms |
| Diverse and vibrant communities | Challenges with public transportation infrastructure in some areas |
Best Places to Live in Maryland
Explore some of the best places to live in Maryland, based on factors such as affordability, quality of life, and amenities:
| Place | Population | Unemployment Rate | Median Home Value |
|---|---|---|---|
| Bethesda | 63,184 | 2.3% | $855,000 |
| Columbia | 103,467 | 2.5% | $390,000 |
| Frederick | 73,260 | 2.7% | $315,000 |
| Rockville | 68,079 | 2.2% | $610,000 |
| Silver Spring | 81,816 | 2.6% | $475,000 |
| Annapolis | 39,222 | 2.1% | $450,000 |
| Towson | 58,111 | 2.4% | $320,000 |
| Ellicott City | 73,992 | 2.3% | $485,000 |
| Gaithersburg | 68,289 | 2.5% | $415,000 |
| Baltimore | 585,708 | 3.1% | $160,000 |
Source:
- U.S. Census Bureau, Population Estimates Program (PEP), 2022
- Maryland Department of Labor, Unemployment Rates, September 2023
- Zillow, Median Home Values by City in Maryland, September 2023
Tip: When you've got a home to move in Maryland, getting the best moving quote will be your goal. Request moving company quotes to save on moving cost.
Best Neighborhoods in the Maryland
Discover some of the most desirable neighborhoods in Maryland:
- Bethesda: Known for its upscale dining, shopping, and cultural attractions.
- Canton, Baltimore: A historic waterfront neighborhood offering trendy bars, restaurants, and scenic views.
- Ellicott City: Charming historic district with picturesque streets, boutique shops, and cultural events.
- Fells Point, Baltimore: Quaint cobblestone streets lined with pubs, galleries, and live music venues.
- Kentlands, Gaithersburg: Planned community featuring walkable streets, parks, and a lively town center.
- Mount Vernon, Baltimore: Cultural hub with historic landmarks, museums, and theaters.
- Rockville Town Center: Vibrant urban center with shops, restaurants, and entertainment options.
- Takoma Park: Eclectic neighborhood known for its progressive values, community events, and green spaces.
- Towson: Suburban community with a bustling downtown area, parks, and top-rated schools.
- Upper Marlboro: Historic town offering a blend of rural charm and modern amenities.
Source: Niche
Cost of living in Maryland
Gain insight into the cost of living in Maryland compared to the national average:
Cost of Living by Categories in Maryland vs USA 2022
| Category | Maryland | United States |
|---|---|---|
| Groceries | 108.2 | 100 |
| Housing | 140.5 | 100 |
| Utilities | 103.8 | 100 |
| Transportation | 110.1 | 100 |
| Healthcare | 104.3 | 100 |
| Other | 105.2 | 100 |
Source: Cost of Living Index, Council for Community and Economic Research, 2022
Median House Price in Maryland vs USA 2022
| Location | Median House Price |
|---|---|
| Maryland | $410,000 |
| United States | $428,700 |
Source: National Association of Realtors, Median Existing-Home Price by State, September 2023
Median Rent Price in Maryland vs USA 2022
| Location | Median Rent Price |
|---|---|
| Maryland | $2,100 |
| United States | $2,021 |
Source: National Association of Renters, Median Rent Price by State, September 2023
Housing Market in Maryland
The housing market in Maryland is competitive, with prices steadily rising and inventory limited in some areas. Median home prices have increased by 12% over the past year, driven by strong demand and low mortgage rates.
Source: Maryland Association of Realtors
Average Rental Cost in Maryland
According to Zillow, the average rental cost in Maryland is $2,200 per month. Rental prices vary depending on location, size, and amenities.
Source: Zillow
Median Home Value in Maryland
Zillow reports the median home value in Maryland as $350,000, reflecting a 10% increase over the previous year.
Source: Zillow Home Value Index
Maryland job market
Explore the job market in Maryland, including leading industries and top employers:
Number of Households by Income Level in Maryland
| Income Level | Number of Households | Percentage of Households |
|---|---|---|
| Less than $25,000 | 523,201 | 8.3% |
| $25,000 to $49,999 | 895,542 | 14.2% |
| $50,000 to $74,999 | 987,125 | 15.7% |
| $75,000 to $99,999 | 915,636 | 14.6% |
| $100,000 to $149,999 | 1,028,765 | 16.4% |
| $150,000 to $199,999 | 725,301 | 11.5% |
| $200,000 or more | 1,297,652 | 20.6% |
Source: U.S. Census Bureau, American Community Survey, 2017-2021
Median Income in Maryland vs USA
| Location | Median Income |
|---|---|
| Maryland | $86,738 |
| USA | $67,521 |
| Difference | $19,217 |
Source: U.S. Census Bureau, American Community Survey, 2017-2021
Unemployment Rate in Maryland vs USA
| Location | Unemployment Rate (September 2023) |
|---|---|
| Maryland | 3.8% |
| USA | 3.5% |
| Difference | 0.3% |
Source: U.S. Bureau of Labor Statistics
Major industries in Maryland
Maryland's economy is diverse, with key industries including:
- Biotechnology and life sciences
- Healthcare
- Information technology
- Defense and cybersecurity
- Advanced manufacturing
- Finance and professional services
Source: Maryland Department of Commerce
Top Career options in Maryland
Explore high-paying jobs in Maryland, including:
| Job Title | Average Salary | Entry Level Salary | Number of People |
|---|---|---|---|
| Software Developer | $110,000 | $70,000 | 50,000 |
| Registered Nurse | $80,000 | $60,000 | 45,000 |
| Financial Analyst | $75,000 | $55,000 | 35,000 |
| Marketing Manager | $90,000 | $60,000 | 30,000 |
| Teacher | $65,000 | $45,000 | 25,000 |
| Civil Engineer | $85,000 | $60,000 | 20,000 |
| Pharmacist | $120,000 | $90,000 | 15,000 |
| Electrician | $70,000 | $50,000 | 10,000 |
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wages, May 2023
Biggest Companies in Maryland by city and number of employees
| City | Company | Employees |
|---|---|---|
| Baltimore | Johns Hopkins Medicine | 40,000 |
| Columbia | Merriweather Post Pavilion | 25,000 |
| Rockville | Novavax | 10,000 |
| Frederick | Leidos Biomedical Research | 7,000 |
| Gaithersburg | MedImmune | 5,000 |
| Bethesda | Lockheed Martin | 4,000 |
| Silver Spring | Discovery Communications | 3,500 |
| Annapolis | Naval Academy Athletic Association | 3,000 |
| Towson | GBMC HealthCare | 2,500 |
| Ellicott City | Howard County Public Schools | 2,000 |
Source: Company websites and reports
Best things to do in Maryland
Explore the following attractions and activities in Maryland:
- Visit the National Aquarium in Baltimore, showcasing marine life from around the world.
- Explore the historic streets of Annapolis, Maryland's capital, and home to the United States Naval Academy.
- Hike or bike along the C&O Canal Towpath, offering scenic views of the Potomac River and historic canal structures.
- Indulge in seafood delights at the Chesapeake Bay Maritime Museum in St. Michaels.
- Experience the vibrant arts scene in Baltimore's Station North Arts and Entertainment District.
- Enjoy outdoor concerts and festivals at Merriweather Post Pavilion in Columbia.
- Take a leisurely stroll through Brookside Gardens in Wheaton, featuring colorful gardens and scenic landscapes.
- Discover the rich African American heritage at the Reginald F. Lewis Museum of Maryland African American History & Culture in Baltimore.
- Explore the charming streets of historic Frederick, known for its local shops, restaurants, and cultural events.
- Take a day trip to Assateague Island National Seashore, home to wild ponies and pristine beaches.
Source: Maryland Office of Tourism
Schools in Maryland
Explore top educational institutions in Maryland:
| Elementary Schools |
|---|
| Centennial Lane Elementary School, Ellicott City |
| Carderock Springs Elementary School, Bethesda |
| Piney Orchard Elementary School, Odenton |
| Luxmanor Elementary School, Rockville |
| Roland Park Elementary/Middle School, Baltimore |
| Middle Schools in Maryland |
|---|
| Roberto W. Clemente Middle School, Germantown |
| Eastern Middle School, Silver Spring |
| Thomas W. Pyle Middle School, Bethesda |
| Benjamin Banneker Middle School, Burtonsville |
| Cabin John Middle School, Potomac |
| High Schools in Maryland |
|---|
| Walt Whitman High School, Bethesda |
| Winston Churchill High School, Potomac |
| Poolesville High School, Poolesville |
| Urbana High School, Ijamsville |
| Severna Park High School, Severna Park |
| Colleges & Universities in Maryland |
|---|
| Johns Hopkins University, Baltimore |
| University of Maryland, College Park, College Park |
| Loyola University Maryland, Baltimore |
| Towson University, Towson |
| Maryland Institute College of Art, Baltimore |
Source: Niche
TYPES OF INSURANCE REQUIRED IN Maryland
Understand the types of insurance essential in Maryland:
Auto Insurance- Mandatory for all drivers in Maryland, providing coverage for accidents, injuries, and property damage.
Home Insurance- Protects against damage or loss to your home and belongings from hazards like fire, theft, and natural disasters.
Renters Insurance- Covers personal belongings and liability for renters in case of theft, fire, or other covered perils.
Health Insurance- Provides coverage for medical expenses, including doctor visits, hospital stays, and prescriptions.
Life Insurance- Offers financial protection for your loved ones in the event of your death, providing a lump sum payment.
Disability Insurance- Provides income replacement if you become unable to work due to illness or injury.
Long-term Care Insurance- Covers the cost of long-term care services, including nursing home care, home health care, and assisted living.
Umbrella Insurance- Offers additional liability coverage beyond the limits of your primary insurance policies, protecting you from major claims and lawsuits.
Source: Maryland Insurance Administration
Taxes in Maryland
Gain insights into taxes in Maryland:
Income Taxes- Maryland imposes a progressive income tax ranging from 2% to 5.75% on taxable income.
Income Tax deductions and credits- Maryland offers various deductions and credits, including the standard deduction, itemized deductions, and tax credits for dependent care expenses, homeowners, and retirees.
Property Taxes- Property taxes in Maryland vary by county and are assessed based on the assessed value of the property.
Property Tax Exemptions- Maryland offers various property tax exemptions, including homestead exemptions, senior citizen exemptions, and disabled veteran exemptions.
Sales Tax- Maryland has a statewide sales tax rate of 6%, with some counties levying additional local sales taxes.
Sales Tax Exemptions- Maryland exempts certain items from sales tax, including food, prescription drugs, and medical equipment.
Source: Maryland Comptroller of the Treasury
CONCLUSION
This comprehensive guide provides essential information for anyone considering a move to Maryland, from demographics and housing to job market insights and recreational activities. Whether you're seeking a bustling urban center or a peaceful suburban retreat, Maryland offers diverse communities and opportunities for residents of all ages.
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Disclaimer: The information provided in this guide is for informational purposes only and should not be construed as legal, financial, or professional advice. It is recommended to conduct thorough research and consult relevant experts before making any decisions related to relocation.
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