More and more, students who study at these top universities are choosing to stay in Baltimore after graduation to work. The city’s 10 universities and more than 100,000 students makes Baltimore the 8th most educated metro region in the United States. Forty-four percent of our residents have a bachelor’s degree or higher – 11 percent higher than the nation’s average. Employment drivers include life science, healthcare, government and professional services.
Tech jobs have grown by 7.6%since 2016. Johns Hopkins University (JHU) provides a robust pipeline of talent for life sciences innovation in Baltimore. JHU is the largest recipient of federal research dollars nationally. The city has two state-of-the-art biotechnology parks, and numerous other business and industrial parks. Some of Baltimore’s thriving industries include life sciences, technology, hospitality and tourism, logistics, creative industries, and social innovation.
It is also highly affordable with lower cost of living than Philadelphia, Boston, Washington DC, and New York City. Baltimore City is a mosaic of small neighborhoods with a strong social fabric, each one unique and deeply rooted in history. The shopping scene offers a mix of local purveyors and as a foodie town, it offers something for everyone. In and around Baltimore City, large entertainment venues and world-renowned events sit at your doorstep, including The Hippodrome, Oriole Park at Camden Yards, the CFG Bank Arena, M&T Bank Stadium and Pimilco Race Course. Cultural hotspots like Mount Vernon, Station North, Bolton Hill, and the Bromo Arts District make top-notch arts and entertainment accessible. There is no shortage of activities for people of all ages.
The Baltimore Economic Dashboard provides key metrics and data for businesses and site selectors to make informed decisions about locating or investing in Baltimore City.