Baltimore County News
Baltimore County Office of Communications
Earlier this week on Baltimore County Now, County Executive Kamenetz shared dozens of interesting facts about why Baltimore County is such a great place to live. That got me thinking — Baltimore County is also a great place to work and do business. The County has seen hundreds of millions of dollars in private investment over the last three years, and we’re just getting started. The list below includes just a few highlights of Baltimore County’s thriving business community. (Sorry, we don’t have room to gloat about all 21,000 Baltimore County employers and new investment — but we’re equally proud of their successes.)
- A 2012 KPMG study ranked the Baltimore region as having the sixth-lowest cost of doing business among all U.S. metro areas.
- With more than 21,000 employers, Baltimore County is the largest job center in the region and the second-largest job center in Maryland.
- Erickson Living and the Community College of Baltimore County were named 2013 National Top Workplaces in a national poll of more than one million workers.
- Two of the federal government's largest agencies, the Social Security Administration and Centers for Medicare and Medicaid Services, are headquartered in Baltimore County.
- More than 500 manufacturers can claim a “made in Baltimore County” label on their products, including McCormick, Medifast and Stanley Black & Decker DIY & Construction Headquarters.
- Health, IT, defense and financial services firms with major Baltimore County operations include T. Rowe Price, General Dynamics IT, Lockheed Martin, Pay Pal and AAI.
- Downtown Towson has seen more than $600 million in new private investment in office, residential, retail and entertainment development since 2010.
- Nearly $700 million is being invested in Owings Mills, including the Metro Centre at Owings Mills transit-oriented development and the Foundry Row retail-office project anchored by Wegmans.
- New shopping and housing are coming to Dundalk as developers are recognizing the community's market potential. Some old favorites are getting a facelift, while new homes and retail are on the way.
- The $100 million Greenleigh at Crossroads in White Marsh/Middle River will be Baltimore County’s first major town center designed around the principles of “new urbanism.” The 200-acre community will combine a mix of residential styles, offices, shops and pedestrian-friendly open spaces.
With a great location, low cost of doing business, dynamic workforce and stable tax rates (the Baltimore County property tax rate hasn’t gone up in 25 years, and the income tax rate has not changed in 21 years), no wonder business is booming in Baltimore County.
Revised April 6, 2016