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Harford County, MD

RANK #356 / 996  ·  POP 261,059  ·  MD

PROJECTED GROWTH: +1.3%

Harford County sits in the middle of the pack — stable but not accelerating.

[01] Why Harford County?

Harford County, Maryland, offers a blend of suburban and rural landscapes, with Havre de Grace standing out as a notable waterfront city where the Susquehanna River meets the Chesapeake Bay. Located about 30 miles northeast of Baltimore, the county provides convenient access to major urban centers like Baltimore, Philadelphia, and Washington D.C. Commute times average around 30 minutes, with public transportation options including the MARC Train and commuter buses. The community offers a mix of historic charm and natural beauty, with numerous parks and waterways like Rocks State Park and the Ma & Pa Heritage Trail providing opportunities for outdoor recreation.

Life in Harford County is characterized by a family-friendly atmosphere, with highly rated public schools and a variety of recreational sports for both children and adults. The economy is diverse, driven by sectors such as defense, technology, manufacturing, and logistics. Aberdeen Proving Ground, a major U.S. Army facility, is a significant employer and has attracted numerous defense contractors to the area. Recent economic developments include investments in technology and research, with a focus on workforce development and supporting local businesses.

[02] Market Snapshot

Housing Ratio
6.5x

Above national median (4.7x)

GDP Growth
+2.2%

Below national median

Home Prices
+1.1%

Below national median

Climate & Terrain
0.0

Moderate climate & terrain

Price/Rent
16x

Above national median (13x)

Housing is fairly valued at 6.5x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Harford County U.S. National

The Numbers

DEMOGRAPHICS
Population
261,059
+0.73% YoY
Median Household Income
$106,417
Median Home Value
$351,100
+1.05% 12mo
Median Rent
$1,475
Average Annual Pay
$68,533
+2.4% YoY
Employment
95,188
+0.9% YoY
Income-to-Home-Value
0.3031
More affordable than average
Migration Inflow
2.77%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$369,990
Days on Market
40
Moderate pace
Months of Supply
2.4
Seller's market
Sale-to-List Ratio
99.2%
Near asking price
Sold Above List
29.2%
Listings w/ Price Drops
24.1%
Building Permits (2024)
803
Single-Family Permits
777

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,380M
TOTAL
PROJECT AMOUNT STATUS
Constellation Natural Gas Plant (larger facility)
Constellation Energy
$800M Proposed
Oystercatcher Energy Storage
Cardinal Energy Storage East, LLC
$500M Planned
New University of Maryland hospital in Aberdeen
University of Maryland
$50M Operating
Fairview Farms Solar
Madison Energy Investments LLC
$30M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.2% 39 percentile
Population Growth +0.7% 62 percentile
Income Growth +8.0% 37 percentile
Vacancy Rate 0.7% 83 percentile
Home Price Change +1.1% 46 percentile
Rent Growth +2.6% 43 percentile
Price/Rent 16x 22 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Harford County, MD a good place to move to?

Harford County has a Boom Town Index score of 64/100, ranking #356 among 996 U.S. counties. With job growth at +0.9% and a median household income of $106,417, it's an above-average county on economic indicators.

Is Harford County affordable?

The median home value in Harford County is $351,100 with median rent at $1,475/month. The income-to-home-value ratio is 0.3031, which is more affordable than the national average.

Is Harford County growing or shrinking?

Population growth: +0.7% year-over-year. Job growth: +0.9%. Home values changed +1.1% in the past 12 months.

Are people moving to Harford County?

Yes — 2.77% of Harford County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Wayne County, OH 74 Franklin County, MO 74 Nye County, NV 74 Erie County, OH 74 Schuylkill County, PA 74 St. Clair County, IL 74 Elkhart County, IN 74 Linn County, IA 74