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EconPulse

Local economy signal dashboard

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PLACEStable

Bowling Green, MD

Stable overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score56out of 100
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69
41
0
80
96

Population

966

Data freshness

Unknown

GDP / Output

+4.4% YoY

69

$3.5B

Output changed +4.4% in 2024.

Vintage date unknown

State growth6.0%
U.S. growth5.3%

Jobs

Unemployment rate

41

5.7%

Unemployment is 5.7% for Latest available.

Vintage date unknown

State avg4.3%
U.S. avg5.2%

Population

-25.1% 5-year

0

966

Population moved -25.1% over the latest ACS window.

Vintage date unknown

State population6,206,011
U.S. population334,922,499

Housing

Rent share of income

80

14.2%

Median rent consumes 14.2% of median household income: Affordable.

Vintage date unknown

State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.6K per resident

96

$520.5M

$520.5M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$105.7B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$520.5M

$7.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$389.0M
2. Department of Veterans Affairs$34.6M
3. Railroad Retirement Board$30.4M

Top recipients

Dollars
1. MARYLAND DEPARTMENT OF TRANSPORTATION$20.1M
2. STATE OF MD$8.4M
3. ALLEGANY COLLEGE OF MARYLAND$6.4M

Affordable

Housing Affordability

14.2%

of median income

1BR estimate$737
2BR estimate$971
Median income$76,140
Median home value$132,000

ACS context

Quick Facts

Population

966

Median age

43.0

Bachelor's degree+

15.7%

Poverty rate

7.7%

Labor force participation

59.2%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-31

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-5.6%

GDP CAGR

+2.9%

Federal flow

5 years

Population (5 years)
20201,289
20211,282
20221,102
20231,096
2024966
GDP (5 years)
2020$3.1B
2021$3.2B
2022$3.3B
2023$3.4B
2024$3.5B

2-year linear forecast

Predictive Outlook

Population forecast

2024966
2025897 *
2026814 *

R² = 91.4% · * projected

GDP forecast

2024$3.5B
2025$3.6B *
2026$3.8B *

R² = 99.5% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$76,140/yr
Median rent$899/mo
Rent share of income14.2%
Est. mortgage (30yr, 6.5%)$8,010/yr
Mortgage share of income10.5%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate5.7%
State avg4.3%
U.S. avg5.2%
Labor force participation59.2%
Poverty rate7.7%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$132,000
Median monthly rent$899
Price-to-rent ratio12.2x

Low price-to-rent ratio — buying may be more favorable than renting in this market.

composite score

Investment Climate

Investment climateModerate
Composite score45/100
Economic growth69/100
Labor market41/100
Population momentum0/100
Overall stability56/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Bowling Green CDP, Maryland

City/Town

Part of

Cumberland, MD-WV

Nearby locations

Carpendale, WVPotomac Park, MDRidgeley, WVWiley Ford, WVCresaptown, MD