MDTA Annual Comprehensive Financial Report 2024

Demographic and Economic Information

SCHEDULE OF DEMOGRAPHIC STATISTICS FOR MARYLAND Calendar Year 2023 and Nine Years Prior (3)

Total Personal Income (In millions) (1) $ 465,937

Per Capita Personal Income (1) $ 75,391

Unemployment Rate (2)

Population (1) 6,180,253 6,163,981 6,175,045 6,173,689 6,163,628 6,138,786 6,112,835 6,079,669 6,049,289 6,008,975

2.2% 3.2% 5.0% 6.8% 3.0% 3.7% 4.1% 4.2% 4.7% 5.5%

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014

439,741 426,578 400,576 380,447 367,831 356,079 344,195 332,956 318,983

71,340 69,081 64,884 61,725 59,919 58,251 56,614 55,041 53,084

(1) Source: U.S. Department of Commerce, Bureau of Economic Analysis. “State Annual Personal Income Summary: Personal Income, Population, Per Capita Personal Income.” Data is updated periodically by the U.S. Department of Commerce, Bureau of Economic Analysis. This data is as of September 27, 2024--revised statistics for 2019-2023. (2) Source: U.S. Department of Labor, Bureau of Labor Statistics. Unemployment rate data is updated periodically by the U.S. Department of Labor, Bureau of Labor Statistics. The monthly unemployment rate as of December 31 of each year is shown. (3) Data for Calendar Year 2023 is not yet available.

Annual Comprehensive Financial Report For Fiscal Year Ended June 30, 2024 | 107

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