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EconPulse

Local economy signal dashboard

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PLACEThriving

Pikesville, MD

Thriving 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 score73out of 100
Compare
82
65
62
71
100

Population

33,524

Data freshness

Unknown

GDP / Output

+6.1% YoY

82

$73.1B

Output changed +6.1% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

65

4.1%

Unemployment is 4.1% for June 2026.

Vintage date unknown

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

Population

+2.0% 5-year

62

33,524

Population moved +2.0% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

71

20.8%

Median rent consumes 20.8% 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

$10.2K per resident

100

$8.7B

$8.7B 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

$8.7B

$10.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$4.3B
2. Department of Health and Human Services$2.4B
3. Department of Defense$530.6M

Top recipients

Dollars
1. GENERAL DYNAMICS INFORMATION TECHNOLOGY, INC.$396.0M
2. MARYLAND DEPARTMENT OF EMERGENCY MANAGEMENT$289.6M
3. LOCKHEED MARTIN CORPORATION$259.1M

Affordable

Housing Affordability

20.8%

of median income

1BR estimate$1,400
2BR estimate$1,844
Median income$98,465
Median home value$434,500

ACS context

Quick Facts

Population

33,524

Median age

42.1

Bachelor's degree+

60.0%

Poverty rate

7.8%

Labor force participation

60.4%

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

+0.4%

GDP CAGR

+5.6%

Federal flow

5 years

Population (5 years)
202032,871
202133,549
202234,101
202334,253
202433,524
GDP (5 years)
2020$55.6B
2021$59.6B
2022$65.7B
2023$68.9B
2024$73.1B

2-year linear forecast

Predictive Outlook

Population forecast

202433,524
202534,263 *
202634,464 *

R² = 33.7% · * projected

GDP forecast

2024$73.1B
2025$77.9B *
2026$82.3B *

R² = 99.2% · * 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$98,465/yr
Median rent$1,707/mo
Rent share of income20.8%
Est. mortgage (30yr, 6.5%)$26,365/yr
Mortgage share of income26.8%

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

employment snapshot

Job Market

Unemployment rate4.1%
State avg4.3%
U.S. avg5.2%
Labor force participation60.4%
Poverty rate7.8%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$434,500
Median monthly rent$1,707
Price-to-rent ratio21.2x

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

composite score

Investment Climate

Investment climateStrong
Composite score72/100
Economic growth82/100
Labor market65/100
Population momentum62/100
Overall stability73/100

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

Location Context

Pikesville CDP, Maryland

City/Town

Part of

Baltimore-Columbia-Towson, MD

Nearby locations

Garrison, MDLochearn, MDMays Chapel, MDTowson, MDMilford Mill, MD