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Retail

Looking to expand the presence of your retail operation and tap into a powerful marketplace? Then it’s time to look at Maryland. We’re confident that the closer you look, the more you’ll like what Maryland has to offer:
  • Fourth largest retail market in the nation
  • Highest median household income in the nation ($65,144)
  • $89.3 billion in retail sales in 2006

The Washington-Baltimore Metropolitan Area, which constitutes 90 percent of Maryland’s population, is one of the wealthiest in the nation, ranking fourth in effective buying income (with $199 billion) and fourth in retail sales (with combined sales of $123 billion.)

Unparalleled Buying Power

What better way to ensure your venture’s success than to take advantage of Maryland’s buying power?
  • 25 percent of households with more than $75,000 in annual effective buying income (EBI)
  • $15,832 in annual retail sales per capita
  • $61,807 in annual median household income

A Vibrant and Expanding Economy

More than 40,000 retail businesses currently have a significant presence in Maryland, including Jerry's Subs and Pizza, Jos A. Bank (headquarters), Lord and Taylor, Macy's, Nordstrom, Prime Retail, Saks Fifth Avenue and Wegmans..

And there is good reason why: Maryland’s numbers speak for themselves:
  • $131.7 billion in total effective buying income in the state (2005)
  • $48,803 median household disposable income
  • Over 5.6 million total population
  • 4.1 percent unemployment rate
  • More than 2 million total households

It all adds up to a winning location for retail business. Join Maryland's growing retail community!

Contact the MD BizTeam at 410-767-6870 to learn more about Maryland's confidential site selection services for growing businesses.