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EconPulse

Local economy signal dashboard

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PLACEThriving

Charlestown, MD

Thriving overall. Population is the clearest support signal, while gdp / output needs the most attention. Housing reads as affordable for a median-income household.

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Overall score73out of 100
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49
66
100
76
95

Population

1,999

Data freshness

Unknown

GDP / Output

+1.4% YoY

49

$7.2B

Output changed +1.4% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

66

4.0%

Unemployment is 4.0% for June 2026.

Vintage date unknown

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

Population

+30.7% 5-year

100

1,999

Population moved +30.7% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

76

17.0%

Median rent consumes 17.0% 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

$7.5K per resident

95

$782.7M

$782.7M 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

$782.7M

$7.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$540.4M
2. Department of Veterans Affairs$112.8M
3. Department of Defense$63.4M

Top recipients

Dollars
1. NORTHROP GRUMMAN SYSTEMS CORPORATION$52.0M
2. GUARDIAN ENVIRONMENTAL SERVICES CO INC$16.8M
3. MARYLAND DEPARTMENT OF TRANSPORTATION$12.8M

Affordable

Housing Affordability

17.0%

of median income

1BR estimate$1,423
2BR estimate$1,874
Median income$122,125
Median home value$378,400

ACS context

Quick Facts

Population

1,999

Median age

37.5

Bachelor's degree+

38.2%

Poverty rate

8.5%

Labor force participation

62.9%

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

June 2026

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

+5.5%

GDP CAGR

+6.8%

Federal flow

5 years

Population (5 years)
20201,530
20211,819
20222,050
20232,037
20241,999
GDP (5 years)
2020$5.1B
2021$5.6B
2022$6.4B
2023$7.1B
2024$7.2B

2-year linear forecast

Predictive Outlook

Population forecast

20241,999
20252,234 *
20262,349 *

R² = 69.0% · * projected

GDP forecast

2024$7.2B
2025$7.9B *
2026$8.5B *

R² = 95.9% · * 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$122,125/yr
Median rent$1,735/mo
Rent share of income17.0%
Est. mortgage (30yr, 6.5%)$22,961/yr
Mortgage share of income18.8%

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

employment snapshot

Job Market

Unemployment rate4.0%
State avg4.3%
U.S. avg5.2%
Labor force participation62.9%
Poverty rate8.5%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$378,400
Median monthly rent$1,735
Price-to-rent ratio18.2x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateStrong
Composite score69/100
Economic growth49/100
Labor market66/100
Population momentum100/100
Overall stability73/100

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

Location Context

Charlestown town, Maryland

City/Town

Part of

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Nearby locations

North East, MDPerryville, MDPort Deposit, MDHavre de Grace, MDElkton, MD