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Posts Tagged ‘Howard County’

The Great Recession has had a profound effect on where population growth is taking place in Maryland.  The accompanying chart groups the annual share of Maryland population growth into three broad geographic categories: inner suburban counties, outer suburban counties and the more rural counties of Western Maryland and the Eastern Shore. (more…)

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Here are some of the highlights of a comparison of median household income estimates between 1999 (from the 2000 Census) and the single-year American Community Survey estimates over the 2006 thru 2011 period, which were released this morning by the U.S. Census Bureau.

The Great Recession, which lasted from December 2007 thru June 2009, and the subsequent slow recovery since that time, has had significant effects on median household income in Maryland.  For the State as a whole, median household income peaked in 2007 at $73,973, a rise of 3.7 percent from 1999 levels, but between 2007 and 2011 income declined by nearly $4,000 (-5.4%).  As a result, Maryland’s median household income in 2011 was nearly $1,400 (-1.9 percent) below the 1999 level.

Ten of the 16 jurisdictions for which there is data also had lower median household incomes in 2011 compared to 1999.  The largest percentage declines occurred in Wicomico (-10.8 percent), Cecil (-9.5 percent), Baltimore (-8.7 percent) and Allegany (-7.5 percent) counties.

In general, it has been the more rural or outlying suburban counties that have been hit the hardest by the Great Recession and the housing bust.  But there were also demographic changes that may have played a role in some of these income changes.  For example, Baltimore County, with the third-largest percentage decline in income since 1999, had the largest increase in the African-American population in the State between 2000 and 2010, while at the same time experienced the second largest decline in non-Hispanic whites (after Prince George’s County).  In general, incomes of African Americans and Hispanics are lower than those of non-Hispanic whites. (more…)

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