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Maryland Commercial Properties For Sale
The state of Maryland has 33 Commercial Properties For Sale listed across cities. The median value of houses in Maryland is $388,100 with an appreciation rate of 10.7%. 29.8% of housing in Maryland is rented and the vacancy rate is 8.8%.
Learn More About Maryland Commercial Properties For SaleStatistics & facts
6.14M
Population
$388K
Medium Home Value
2.29M
# of Households
8.82%
Housing Vacancy
33.44%
Future Job Growth
1.80%
Unemployment Rate
Population
Maryland has a population of approximately 6,148,545 and experiences a population change rate of 16.09%. The population density is 633.4 / sq mi.
Household
The median household income for Maryland is $91,431, with 2,294,270 households and an average household size of 2.62.
Cost of Living
The cost of living index in Maryland is 124.6%.
Home Value
The median value of a home in Maryland is $388,100 with an appreciation rate of 10.7%. 61.3% of housing in the state is owned while 29.8% is rented.
Employment
The unemployment rate in Maryland is 1.80%, and recent job growth is at 1.80%. Future job growth is projected at 33.44%.
Taxes
The sales tax rate in Maryland is 6.00%, while the income tax rate is 4.75%.
Education
School expenditures in Maryland are $17,964, and the school ratio is 14.2:1.
Weather
The average high temperature in July is 87.1 degrees, with an average low temperature in January of 25.3 degrees. The average rainfall is approximately 44 inches per year, with 18.6 inches of snow per year.
Top 5 Reasons to move to the State of Maryland
Booming Maryland Economy
Maryland’s economy is thriving, offering diverse job opportunities in industries like technology, aerospace, and finance. Big-name companies like Marriott International, McCormick, and Under Armour call the state home, and Maryland ranks among the top for professional and technical workers. Whether you’re in a high-tech field or another industry, Maryland’s rising job market has something for everyone. With strong growth and opportunities for advancement, it’s an ideal place to build a successful career.
Maryland’s Prime Location
Maryland’s central location puts you just a quick trip away from major cities like Washington, D.C., Philadelphia, and New York. You can enjoy the perks of urban living while staying in Maryland’s more affordable suburbs. The state also makes getting around easy with great transportation options like railways, highways, and an international airport. Whether you’re commuting or traveling for fun, Maryland’s location and reliable transportation keep you well-connected to the East Coast.
Charming Maryland Towns and Cities
Maryland offers the best of both worlds with charming small towns and lively cities. Whether you’re strolling down the cobblestone streets of Annapolis or exploring Baltimore’s modern energy, there’s a place that fits your vibe. The state’s picturesque towns are rich in history and character, while cities like Frederick blend the old with the new. No matter where you settle, Maryland’s towns and cities have a unique charm that feels like home.
Maryland’s Great Healthcare and Education
Maryland is known for its outstanding healthcare and education, making it a fantastic place for families. With world-renowned institutions like Johns Hopkins Hospital and Johns Hopkins University, residents have access to some of the best medical care and higher education in the country. The state also offers top-rated public schools and universities, ensuring excellent opportunities for students of all ages. If you value quality healthcare and education, Maryland delivers the very best for your family.
Rich History of Maryland
Maryland is a history lover’s dream, filled with landmarks that shaped America’s past. From Fort McHenry, where the Star-Spangled Banner was written, to the historic Antietam National Battlefield, the state’s rich heritage is everywhere. Maryland’s historical sites make it easy to dive into the stories that defined the nation. Whether you’re a history buff or just curious, living in Maryland means having a front-row seat to some of the country’s most significant moments.
