Talbot County at a Glance
- Offers the lowest real property tax rate in the state
- Ranks #1 in Maryland as the best place for small businesses
- Ranks #8 out of 24 Maryland counties for the best mortgage market
- 29% of our population earns $100,000 or more in income. Median household income is $73,102. Mean household income in top 5% is $491,200
- Median home value is $334,000
- Highest graduation rate in the state at 95 percent, well above the national average of 84 percent
- Home to University of Maryland Shore Regional Health
Demographics
Talbot County is small, but influential.
Talbot County has our own unique story to tell. Get to know who ignites Talbot County’s economy.
- Population: 37,020
- Bachelor’s Degree or More: 43%
- Average Family Size / Household: 2.18
- Total Number of Civilian Businesses: 2,508
- Projected Unemployment Rate: 3.1%
- White Collar Jobs: 73%
Information from the Delmarva Index.
Download Talbot County’s full demographic profile by clicking the following link: Delmarva Index – Talbot County
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More Resources:
Talbot County Brief Economic Facts
Talbot County Workforce Overview
U.S. Census Bureau Quick Facts: Talbot County, Md.
Major Employers
University of Maryland Shore Regional Health
is the largest employer in the Mid-Shore Region with 2,000 employees, 1,500 of whom reside in Talbot County. It has completed a 40,000 sq. ft. emergency pavilion for Shore Medical Center in Easton and is in the planning stages for a new $350 million regional hospital in Easton.
Located in the historic town of Easton, Md., Bayleigh Chase, an Acts Retirement-Life Community is set against the backdrop of a richly landscaped 35-acre campus. Apartment homes and spacious cottages and villas provide the perfect option no matter the retirement lifestyle.
Shore Bancshares, Inc
. is the largest independent financial holding company headquartered on the Eastern Shore of Maryland. Shore Bancshares, Inc. is the parent company of Shore United Bank. The Bank operates 31 full-service branches, 3 loan production offices, and 4 mortgage offices. The bank provides a full range of commercial and consumer banking products and services to individuals, businesses, and other organizations in Anne Arundel County, Baltimore County, Caroline County, Dorchester County, Howard County, Kent County, Queen Anne’s County, Talbot County and Worcester County in Maryland, Kent County and Sussex County in Delaware and in Accomack County, Virginia. The Company engages in trust and wealth management services through Wye Financial Partners, a division of Shore United Bank.
Qlarant, a Medicare/Medicaid fraud and abuse investigator, serves as a government contractor with a national presence at its Easton headquarters.
Sea Watch International is a seafood company that operates a production facility in Easton and is recognized as the largest harvester and processor of clam products in the world. All of the clams are harvested in U.S. fishing waters under federal regulations.
Eurofins Agroscience Services is one of the most respected names in contract research and testing, is a global scientific services company that operates their environmental testing and regulatory compliance division out of Easton to meet worldwide environmental testing needs.
Aphena Pharma provides clients with a full range of solutions to address their pharmaceutical packaging and manufacturing requirements. Easton serves as the headquarters of the liquid and topical division with a 140,000 sq. ft. facility.
APG Media of Chesapeake, LLC owns and publishes newspapers, magazines, websites, and mobile applications in Maryland and Delaware. The company was incorporated in 2014 and is headquartered in Easton, Maryland. APG Media of Chesapeake, LLC operates as a subsidiary of Adams Publishing Group LLC.
Tax Rates
Talbot County offers the lowest real property tax rate in the state of Maryland and the second lowest income tax rate. A complete list of tax rates is available here.