Kent County, Maryland: commercial real estate data.
Kent County, Maryland has a population of 19,346 across 277 square miles, up 1.9 percent since the 2020 census base. County output reached $1.25 bn in 2024, 570 establishments operate here, and the SBA record carries 8 7(a) approvals worth $3.1 m.
118 sourced county values · tier FULL · 11 sections
Kent County
How many people live in Kent County
- Population19,346
- Households8,493
- Average household size2.28
- Median household income$80,147
- Median age48.6
- Median gross rent$1,209 per month
- Median owner-occupied home value$330,900
- Home value to household income4.1 times
- Annual rent as a share of median income18.1 percent
- Adults 25 and over with a bachelor degree or higher39.6 percent
- Adults 25 and over with a graduate degree18.1 percent
- Adults 25 and over13,984
- Population under 182,989
- Share under 1815.5 percent
- Population 65 and over5,305
- Share 65 and over27.4 percent
- Working age population, 18 to 6411,052
- Civilian labor force10,031
- Unemployment rate3.0 percent
- Labor force participation, adults 18 and over61.3 percent
- Rank by population among Maryland counties24th of 24
- Rank by population among US county-equivalents1921st
Kent County is the 24th largest of 24 Maryland counties by population. A median home costs 4.1 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 27.4 percent against 15.5 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Kent County
Is Kent County growing
- Population change since the 2020 census base1.88 percent
- Census 2020 base population19,197
- Births, 2024157
- Deaths, 2024232
- Natural change, 2024-75
- Net domestic migration, 2024142
- Net international migration, 202446
- Total net migration, 2024188
- Cumulative net domestic migration, 2021 to 2024779
- Rank by growth among US county-equivalents1210th
The county has grown 1.88 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Kent County
Where people moving to Kent County come from
- Tax returns filed by households arriving545
- People arriving, from those returns900
- Adjusted gross income arriving$57.5 m
- Net adjusted gross income movement$0
- Average income of an arriving household$105,466
- Largest single originKent County Non-migrants (7,509 households)
- Largest single destination (7,509 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Kent County Non-migrants | 7,509 | 13,805 | $733.0 m |
| Other flows - Different State | 218 | 334 | $29.2 m |
| Other flows - Northeast | 121 | 188 | $21.5 m |
| Other flows - Same State | 113 | 192 | $9.4 m |
| Queen Anne's County | 78 | 146 | $6.1 m |
| Other flows - South | 74 | 107 | $5.7 m |
| New Castle County | 40 | 59 | $6.7 m |
| Anne Arundel County | 37 | 59 | $2.2 m |
The largest single source of arrivals is Kent County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Kent County
What the Kent County economy runs on
- County GDP, 2024$1.25 bn
- County GDP, 2023$1.22 bn
- GDP change, 2023 to 20242.2 percent
- GDP change over five years27.6 percent
- Rank by GDP among Maryland counties23rd
- Rank by GDP among US county-equivalents1670th
- GDP per resident$64,527
Output grew 2.2 percent in the latest year and 27.6 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Kent County
Who employs people in Kent County
- Covered employment, annual average7,648
- Establishments reporting750
- Average annual pay$52,881
- Average weekly wage$1,017
- Sector 31-33, employment920
- Sector 31-33, average annual pay$65,601
- Sector 62, employment865
- Sector 62, average annual pay$51,900
- Sector 61, employment848
- Sector 61, average annual pay$45,891
- Sector 44-45, employment749
- Sector 44-45, average annual pay$32,469
- Sector 72, employment658
- Sector 23, employment444
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 920 | 32 | $65,601 |
| Sector 62 | 865 | 77 | $51,900 |
| Sector 61 | 848 | 21 | $45,891 |
| Sector 44-45 | 749 | 76 | $32,469 |
| Sector 72 | 658 | 62 | $26,291 |
| Sector 23 | 444 | 74 | $59,275 |
| Sector 71 | 387 | 32 | $31,318 |
| Sector 56 | 303 | 46 | $58,763 |
The largest sector is the biggest private employer group at 920 jobs, 12.0 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Kent County
What businesses operate in Kent County
- Establishments, all industries570
- Employment at those establishments6,462
- Annual payroll$327.2 m
- Establishments per 1,000 residents29.5
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Kent County
What is being built in Kent County
- Housing units authorised by permit, 202448
- Declared construction value permitted$20.2 m
- Single family units authorised48
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$420,087
- Units authorised per 1,000 households5.7
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Kent County
How much SBA lending happens in Kent County
- 7(a) approvals recorded8
- 7(a) gross approval dollars$3.1 m
- Average 7(a) approval$386,888
- Median 7(a) approval$93,000
- 10th percentile approval$10,000
- 90th percentile approval$1,749,200
- Largest single approval$1,749,200
- Jobs reported supported, 7(a)65
- Jobs per approval8.1
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals7
- Median 7(a) term84 months
- Share of loans on real estate terms, 240 months or longer25.0 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter6
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countLimited-Service Restaurants (2)
- Most active lenderManufacturers and Traders Trust Company (4)
- 504 approvals recorded5
- 504 gross approval dollars$3.6 m
- Average 504 approval$716,400
- Median 504 approval$254,000
- Distinct CDCs active2
- 504 jobs per approval10.6
- 504 jobs per million dollars approved14.8
- Most active CDC504 Capital Corporation (3)
- 7(a) share of SBA approvals61.5 percent
- Combined SBA approval dollars$6.7 m
The average approval of $386,888 sits well above the median of $93,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 25.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Kent County
Do SBA loans in Kent County get paid back
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Exempt from disclosure5
- Status: Paid in full2
- Status: Cancelled1
Too few loans have reached a final outcome to publish a charge off rate. only 2 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Kent County
Which parts of Kent County get the lending
- Places in the county with recorded lending4
- Chestertown, approvals4
- ROCK HALL, approvals2
- WORTON, approvals1
- GALENA, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Chestertown | 4 | $1,165,900 |
| ROCK HALL | 2 | $1,839,200 |
| WORTON | 1 | $40,000 |
| GALENA | 1 | $50,000 |
Chestertown accounts for 4 approvals against 2 in ROCK HALL. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Kent County
How big is Kent County
- Land area277 sq mi
- Rank by land area among Maryland counties20th of 24
- Width, east to west28 mi
- Height, north to south25.7 mi
- Geographies sharing a boundary2
- Residents per square mile of land70
- Establishments per square mile2.06
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Kent County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Kent County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population19,346
- Households8,493
- Average household size2.28
- Median household income$80,147
- Median age48.6
Common questions
Kent County questions, answered from the record.
How many people live in Kent County, Maryland?
19,346, in 8,493 households, ranking 24th of 24 Maryland counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Kent County growing?
The population has grown 1.88 percent since the 2020 census base. In 2024 there were 157 births against 232 deaths, with net migration of 188. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Kent County?
$80,147. The median owner-occupied home is valued at $330,900, which is 4.1 times income, and median gross rent is $1,209 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Kent County?
570 establishments, employing 6,462 people with an annual payroll of $327.2 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Kent County?
Average annual pay is $52,881, or $1,017 a week, across 7,648 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Kent County?
8 7(a) approvals totalling $3.1 m since FY2020, across 5 lenders, with a median approval of $93,000, plus 5 504 approvals worth $3.6 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Kent County?
48 housing units were authorised by permit in 2024, with a declared construction value of $20.2 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Kent County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Kent County come from?
The largest single origin is Kent County Non-migrants, with 7,509 households. Arriving households report an average income of $105,466 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Kent County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Kent County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.