Brief Economic Facts - Maryland

Brief Economic Facts

CALVERT COUNTY, MARYLAND

New York

As part of the Washington, D.C.

metropolitan area, Calvert County

Washington, DC

offers a variety of amenities. Calvert, a

Baltimore

peninsula on the western shore of the

Chesapeake Bay, is the state's smallest

county consisting of about 213 square miles.The town centers of Dunkirk and Prince Frederick offer convenient highway access to the cities of Annapolis, Baltimore and Washington, D.C.The

Calvert County, a peninsula on the western shore of the Chesapeake Bay, is part of the Washington, D.C.

Washington, DC

Prince Frederick

town centers of Solomons and Lusby

metropolitan area..

provide ideal locations for companies

supporting operations at or near the

Naval Air Station Patuxent River in

Calvert is accessible to major airports and highways, the

Lexington Park.

Port of Baltimore, an abundant workforce, and cultural and

Calvert County's private sector industries generate $4.4 billion in economic output. Major employers are Exelon, CalvertHealth Medical Center,Arc of Southern Maryland, and Dominion.

recreational activities. Although positioned in one of the nation's wealthiest metro areas, Calvert's cost of living remains comfortable.With its low crime rate, Calvert is a safe place to live. In addition, preservation-oriented planning projects safeguard the area's character.

LOCATION

Driving distance from Prince Frederick: Atlanta, Georgia Baltimore, Maryland Boston, Massachusetts Chicago, Illinois New York, New York Philadelphia, Pennsylvania Pittsburgh, Pennsylvania Richmond, Virginia Washington, DC

CLIMATE AND GEOGRAPHY1

Yearly Snowfall (inches) Summer Temperature (?F) Winter Temperatire (?F) Days Below Freezing Land Area (square miles) Water area (square miles) Elevation (ft)

Miles Kilometers

619

996

59

96

453

729

726

1,169

242

390

154

247

263

423

101

162

42

68

14.4 76.5 38.1 75.5 213.2 230 sea level to 168

POPULATION2,3

Maryland part of

Calvert County

Washington DC

Households Population

metro*

Maryland

2010

30,875

88,737

335,458 5,773,552

2020

32,425

93,072

372,195 6,055,802

2030**

34,900

96,950

407,360 6,254,500

*Calvert, Charles, and St. Mary's counties

**Projections

S elected places population (2010): Chesapeake Ranch Estates 10,519; Chesapeake Beach 5,753; Huntingtown 3,311; Drum Point 2,731; Prince Frederick 2,538; Dunkirk 2,520

POPULATION DISTRIBUTION2,3 (2019)

Age Under 5yrs 5 - 19 yrs 20 - 44 yrs 45 -64 yrs 65 and over Total Median Age

Number 4,468

18,823 27,831 27,226 14,177 92,525

Percent 4.8

20.3 30.1 29.4 15.3 100.0 40.1 years

2021.8

Brief Economic Facts CALVERT COUNTY, MARYLAND

LABOR AVAILABILITY3,4,5 (BY PLACE OF RESIDENCE)

Civilian Labor Force (2019 avg.)

Labor Mkt.

County

Area*

Total civilian labor force

50,484 1,027,728

Employment

48,888 992,035

Unemployment

1,596 35,693

Unemployment rate

3.16% 3.47%

Residents commuting outside the county Number

to work (2015-2019)

28,400

Percent 60.6%

Employment in selected occupations (2015-2019)

Management, business, science and arts 20,249

43.1

Service

7,564

16.1

Sales and office

9,349

19.9

Production, transp. and material moving 3,665

7.8

*Calvert, Anne Arundel, Charles, Prince George's and St. Mary's counties.

MAJOR EMPLOYERS6,7 (2020-2021)

Employer Calvert Health Medical Center Exelon / Calvert Cliffs Nuclear Power Plant Arc of Southern Maryland Chesapeake Beach Resort & Spa

AECOM Dominion Cove Point LNG Asbury Solomons Solomons Nursing Center Calvert County Nursing Center The Gott Company The Calverton School Edward B. Howlin Calvert Internal Medicine Group Fantasy World Entertainment UMCES Chesapeake Biological Laboratory Recorded Books

Product/Service

Employment

Medical services

1,225

Nuclear Energy

820

Medical , social services

375

Hotel, spa and

restaurants

240

Printing, fulfillment

services

205

Technological services

200

Liquified natural gas

200

Nursing care

180

Nursing care

165

Nursing care

145

Convenience stores

140

Private School

135

Ready-mix concrete

130

Medical services

125

Amusements rental

125

Fisheries research

125

Audio books

120

Excludes post offices, state and local governments, national retail and national foodservice; includes higher education

EMPLOYMENT4 (2020)

Industry

Estab Annual lishments Avg. Empl.

Federal Government

21 172

State Government

9 309

Local Government

31 3,728

Private Sector

1,804 16,713

Natural resources and

mining

*

*

Construction

317 2,007

Manufacturing

38 494

Trade, Transportation, and utilities

316 4,501

Information

13

32

Financial activities

174 585

Professional and business services

355 1,917

Education and health services

232 3,447

Leisure and hospitality 181 2,939

Other Services

170 763

Total

1,865 20,923

Includes civilian employment only *Confidential

Avg. Wkly. Empl. % Wage

0.82 1,389 1.48 899 17.82 1,167 79.88 1,013

*

*

9.59 1,263

2.36 1,694

21.51 0.15 2.80

1,164 1,588 1,435

9.16 1,062

16.47 14.05 3.65

100

1,039 424 714

1,042

HOURLY WAGE RATES4 (2020)

Selected Occupations

Accountants Aerospace engineers Bookkeeping/accounting clerks Computer hardware engineers Computer user support specialists Customer service represenatives Electrical engineers Electronics engineering technicians Freight, stock and material movers Industrial truck operators Information security analyst Inspectors, testers, sorters Machinists Maintenance workers, machinery Mechanical Engineers Network support specialists Packaging/filling machine operators Secretaries Shipping/receiving clerks Stock clerks and order fillers Team assemblers Telemarketer

Median

$38.01 $55.53 $21.40 $61.38 $46.69 $24.45 $14.00 $49.34 $39.26 $12.31 $19.62 $47.43 $30.61 $30.38 $20.49 $47.60 $35.18 $11.75 $19.05 $19.48 $12.14 $16.41

Entry

$26.85 $39.38 $14.67 $44.62 $30.34 $19.07 $11.34 $32.00 $27.97 $11.29 $15.45 $32.52 $16.15 $21.94 $15.80 $31.23 $23.08 $10.57 $14.18 $13.41 $11.07 $11.32

Skilled

$47.49 $62.61 $26.06 $70.05 $57.32 $28.75 $28.75 $61.78 $46.21 $14.88 $22.80 $57.67 $35.60 $14.88 $23.72 $57.23 $42.53 $17.16 $23.64 $25.67 $15.29 $22.48

Wages are an estimate of what workers might expect to receive in Southern Maryland (Calvert, Charles and St. Mary's counties) and may vary by industry, employer and locality

Brief Economic Facts CALVERT COUNTY, MARYLAND

SCHOOLS AND COLLEGES3,8

Educational Attainment - age 25 & over (2015-2019)

High school graduate or higher

94.70%

Bachelor's degree or higher

32.41%

Public Schools

Number: 12 elementary; 6 middle/comb.; 4 high; 1 career/tech

Enrollment: 15,292

Cost per pupil: $13,585

Students per teacher: 15.8

High school career / tech enrollment: 2,961 High school graduates: 1,191

Nonpublic Schools Number: 13

Higher Education (2019)

Enrollment Degrees

2-year institution

College of Southern Maryland

6,081 1,262

TAX RATES9

Corporate Income Tax (2020)

Base ? federal taxable income

Calvert County none

Maryland 8.25%

Personal Income Tax (2019)

3.00% 2.0-5.75%

Base ? federal adjusted gross income *Graduated rate peaking at 5.75% on taxable income over $300,000

Sales & Use Tax (2020)

none

6.0%

Exempt ? sales for resale; manufacturer's purchase of raw materials; manufacturing machinery and equipment; purchases of materials and equipment used in R&D and testing of finished products; purchases of computer programs for reproduction or incorporation into another computer program for resale

Real Property Tax (FY 21)

$0.9320 $0.1120

Effective rate per $100 of assessed value

In an incorporated area, the county rate will vary and a municipal rate will also apply

Business Personal Prop.Tax (FY 21)

$2.23

none

Rate per $100 of depreciated value

Exempt ? manufacturing and R&D machinery, equipment, materials and supplies; manufacturing, R&D and warehousing inventory In an incorporated area, a municipal rate may also apply; municipal exemptions may be available

Major Tax Credits Available

Enterprise Zone, Job Creation, More Jobs for Marylanders, R&D, New Jobs, Biotechnology and Cybersecurity Investment,A&E District

INCOME3 (2015-2019)

Percent Households

Distribution

Calvert Co. Maryland

U.S.

Under $25,000

7.10% 13.10%

19.20%

$25,000 - $49,999

13.20% 17.00%

21.20%

$50,000 - $74,999

11.50% 15.30%

17.20%

$75,000 - $99,999

14.30% 13.20%

12.70%

$100,000 - $149,999

23.00% 19.00%

15.10%

$150,000 - $199,999

15.80% 10.50%

6.80%

$200,000 and over

16.20% 12.70%

7.70%

Median household Average household Per Capita Total income (millions)

$109,313 $127,265 $45,783

4,069

$84,805 $111,417 $42,122

245,697

$62,843 $88,607 $34,103 10,699,831

HOUSING3,10

Occupied Units (2015-2019) 31,973 (84.7% owner occupied) Housing Transactions

Units Sold Median Selling Price

*All multiple listed properties excludes auctions and FSBO

2,015 $397,759

BUSINESS AND INDUSTRIAL PROPERTY6

Calvert County offers a variety of industrial parks including:

Calvert County Industrial Park - 226 acres located five miles southwest of Prince Frederick.

Calvert-Arundel Business Park - 20 acres located near Chesapeake Beach.

North Calvert Industrial Park - 30 acres located near Owings.

Dunkirk Business Center - 15 acres located near Dunkirk.

Calvert County's Patuxent Business Park (PBP), with ample green space, is Southern Maryland's first comprehensively planned business campus.The 92-acre campus will accommodate a variety of uses including up to 650,000 sf of Class A office and flex space. It is located 10 miles north of Naval Air Station Patuxent River, and 16 miles south of Prince Frederick, between MD Routes 4 and 765.

Calvert County has three Opportunity Zones; for more information please visit: 291/FederalOpportunity-Zones

Market Profile Data (2019)

Low

Land ? cost per acre

Industrial

$140,000

Office

$200,000

Rental Rates ? per square foot

Warehouse / Industrial

$8.00

Flex / R&D / Technology $10.00

Class A Office

$10.00

High Average

$320,000 $210,000 $500,000 $250,000

$15.00 $40.00 $22.00

$10.00 $20.00 $20.00

Brief Economic Facts CALVERT COUNTY, MARYLAND

TRANSPORTATION

Highways: MD Rt. 2 connects with U.S. 50/301, and MD Rt. 4 connects with U.S. 301 and the Capital Beltway (I-495); the Thomas Johnson Bridge over the Patuxent River connects MD Rts. 2/4 in the southern part of the county with MD Rts. 5/235 in St. Mary's County

Rail: Closest rail depot (CSXT) is in adjacent Prince George's County at Upper Marlboro

Truck: Nearly 60 local and long-distance trucking establishments are located in Southern Maryland

Water: Served by the Port of Baltimore, 50' channel; a leading U.S. automobile and break-bulk port; seven public terminals including the state-of-the-art Intermodal Container Transfer Facility (64 miles from Prince Frederick)

Air: Served by Baltimore/Washington International Thurgood Marshall Airport (BWI), Dulles International Airport, Reagan Washington National Airport, and St. Mary's Regional Airport (4150' runway)

RECREATION AND CULTURE

Calvert County is best known for its attractive location on the Chesapeake Bay and Patuxent River

Parks and Recreation: Supports and maintains 38 properties and 22 school recreation parks totaling over 2,000 acres and offering a variety of amenities; recreational opportunities for boating, sailing, charter boat fishing, swimming, crabbing, canoeing, kayaking, biking, camping, bird watching, fossil hunting and golf

Cultural:The Arts Council of Calvert County promotes outdoor theme concerts, theatrical productions, art shows, and crafts and antique festivals throughout the year

Archaeological/Ecological Attractions: Flag Ponds Nature Park, Calvert Cliffs State Park, Jefferson Patterson Park & Museum, Chesapeake Biological Laboratory Visitor Center,American Chestnut Land Trust, Chesapeake Beach Railway Trail,Wetlands Overlook Park and Battle Creek Cypress Swamp,Wetlands Overlook Park, and Biscoe Gray Heritage Farm

Other Attractions: Breezy Point Beach and Campground, Chesapeake Beach Railway Museum, Calvert Marine Museum, Drum Point Lighthouse, Cove Point Lighthouse, J.C. Lore & Sons Oyster House,"Wm. B.Tennison," "The Dee" skipjack, Annmarie Sculpture Garden & Arts Center, King's Landing Park, One-Room Schoolhouse, Chesapeake Beach Water Park, Bayside History Museum, Edward T. Hall Aquatic Center, Old Wallville School, and Chesapeake Hills Golf Course

Special Events: Celtic Festival & Highland Gathering, Calvert County Fair, Calvert County Jousting Tournament,Artsfest, Patuxent River Appreciation Days,Taste of the Beaches, Juneteenth Community Day, Solomons Maritime Festival, Calvert County Watermen's Festival, Solomons Christmas Walk Gala & Lighted Boat Parade, DrinkMaryland, End Hunger Dragon Boat Festival, Solomons Island Dragon Boat Festival, Screwpile Lighthouse Challenge, Polar Bear Plunge, Lower Marlboro Freedom Day, Garden in Lights and the Fairy & Gnome Festival.

UTILITIES

Electricity: Baltimore Gas and Electric and Southern Maryland Electric Cooperative; customers of investor-owned utilities and major cooperatives may choose their electric supplier Gas:Washington Gas provides natural gas; customers may choose their gas supplier Water and Sewer: County systems in Prince Frederick, Solomons, Chesapeake Beach, North Beach, Calvert County Industrial Park and the Patuxent Business Park (PBP) Telecommunications: Local Carrier - Verizon Maryland; cable internet service available; ISDN digital switching and fiber available

GOVERNMENT

County Seat: Prince Frederick Government: Five commissioners elected for four-year terms; commissioner form of government limits county legislative power to areas authorized by the General Assembly Earl F."Buddy" Hance, President, Board of County Commissioners 410.535.1600, ext. 2214 Mark Willis, County Administrator 410-535-2161 Website: co.cal.md.us Bond Rating: AAA (S&P); Aaa (Moody's); AAA (Fitch)

Calvert County Department of Economic Development Julie Oberg, Director Calvert County Courthouse Prince Frederick, Maryland 20678 Telephone: 410.535.4583 Email: info@

Sources: 1 National Oceanic and Atmospheric Administration (1981-2010 normals);

Maryland Geological Survey 2 Maryland Department of Planning 3 U.S. Bureau of the Census 4 Maryland Department of Labor, Office of Workforce Information and

Performance 5 U.S. Bureau of Labor Statistics 6 Calvert County Department of Economic Development 7 Maryland Department of Commerce 8 Maryland State Department of Education; Maryland Higher Education

Commission 9 Maryland State Department of Assessments and Taxation; Comptroller of the

Treasury 10 Maryland Association of Realtors 11 Maryland State Archives; Maryland Association of Counties

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