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EconPulse

Local economy signal dashboard

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PLACEThriving

Havre De Grace, MD

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

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Overall score78out of 100
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74
63
100
78
100

Population

14,994

Data freshness

Unknown

GDP / Output

+5.0% YoY

74

$17.9B

Output changed +5.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

63

3.9%

Unemployment is 3.9% for April 2026.

Vintage date unknown

State avg4.9%
U.S. avg4.3%

Population

+8.6% 5-year

100

14,994

Population moved +8.6% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

78

16.1%

Median rent consumes 16.1% 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

$15.6K per resident

100

$4.1B

$4.1B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$105.6B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$4.1B

$15.6K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Defense$2.0B
2. Social Security Administration$1.4B
3. General Services Administration$257.8M

Top recipients

Dollars
1. FAIRWINDS TECHNOLOGIES LLC$384.2M
2. CACI, INC. - FEDERAL$125.5M
3. CACI TECHNOLOGIES, LLC$115.2M

Affordable

Housing Affordability

16.1%

of median income

1BR estimate$1,161
2BR estimate$1,529
Median income$105,817
Median home value$392,900

ACS context

Quick Facts

Population

14,994

Median age

45.1

Bachelor's degree+

42.5%

Poverty rate

9.0%

Labor force participation

64.2%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

April 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-16

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

+1.7%

GDP CAGR

+5.2%

Federal flow

5 years

Population (5 years)
202013,808
202114,625
202214,743
202314,857
202414,994
GDP (5 years)
2020$13.9B
2021$15.0B
2022$15.9B
2023$17.1B
2024$17.9B

2-year linear forecast

Predictive Outlook

Population forecast

202414,994
202515,387 *
202615,647 *

R² = 78.0% · * projected

GDP forecast

2024$17.9B
2025$19.0B *
2026$20.0B *

R² = 99.8% · * 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$105,817/yr
Median rent$1,416/mo
Rent share of income16.1%
Est. mortgage (30yr, 6.5%)$23,841/yr
Mortgage share of income22.5%

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

employment snapshot

Job Market

Unemployment rate3.9%
State avg4.9%
U.S. avg4.3%
Labor force participation64.2%
Poverty rate9.0%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$392,900
Median monthly rent$1,416
Price-to-rent ratio23.1x

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

composite score

Investment Climate

Investment climateStrong
Composite score77/100
Economic growth74/100
Labor market63/100
Population momentum100/100
Overall stability78/100

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

Location Context

Havre de Grace city, Maryland

City/Town

Part of

Baltimore-Columbia-Towson, MD

Nearby locations

Perryville, MDAberdeen, MDPort Deposit, MDAberdeen Proving Ground, MDCharlestown, MD