HomeMarylandQueen Anne's County
Queen Anne's County, Maryland: commercial real estate data.
Queen Anne's County, Maryland has a population of 51,825 across 372 square miles, up 7.6 percent since the 2020 census base. County output reached $2.88 bn in 2024, 1,421 establishments operate here, and the SBA record carries 69 7(a) approvals worth $26.1 m.
123 sourced county values · tier FULL · 11 sections
Queen Anne's County
How many people live in Queen Anne's County
- Population51,825
- Households19,907
- Average household size2.60
- Median household income$112,826
- Median age44.7
- Median gross rent$1,619 per month
- Median owner-occupied home value$462,700
- Home value to household income4.1 times
- Annual rent as a share of median income17.2 percent
- Adults 25 and over with a bachelor degree or higher38.0 percent
- Adults 25 and over with a graduate degree15.1 percent
- Adults 25 and over37,411
- Population under 1810,926
- Share under 1821.1 percent
- Population 65 and over10,720
- Share 65 and over20.7 percent
- Working age population, 18 to 6430,179
- Civilian labor force28,452
- Unemployment rate3.8 percent
- Labor force participation, adults 18 and over69.6 percent
- Rank by population among Maryland counties18th of 24
- Rank by population among US county-equivalents988th
Queen Anne's County is the 18th 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 under 18 outnumber those 65 and over, at 21.1 percent against 20.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Queen Anne's County
Is Queen Anne's County growing
- Population change since the 2020 census base7.63 percent
- Census 2020 base population49,880
- Births, 2024518
- Deaths, 2024518
- Natural change, 20240
- Net domestic migration, 2024767
- Net international migration, 2024236
- Total net migration, 20241,003
- Cumulative net domestic migration, 2021 to 20242,979
- Rank by growth among US county-equivalents264th
The county has grown 7.63 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Queen Anne's County
Where people moving to Queen Anne's County come from
- Tax returns filed by households arriving1,744
- People arriving, from those returns3,101
- Adjusted gross income arriving$227.1 m
- Net adjusted gross income movement$0
- Average income of an arriving household$130,217
- Largest single originQueen Anne's County Non-migrants (19,934 households)
- Largest single destination (19,934 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Queen Anne's County Non-migrants | 19,934 | 40,671 | $2.46 bn |
| Anne Arundel County | 484 | 913 | $63.6 m |
| Other flows - Different State | 463 | 794 | $67.2 m |
| Other flows - South | 216 | 375 | $28.7 m |
| Other flows - Northeast | 151 | 250 | $29.9 m |
| Other flows - Same State | 103 | 177 | $10.8 m |
| Caroline County | 83 | 152 | $4.2 m |
| Kent County | 81 | 149 | $5.1 m |
The largest single source of arrivals is Queen Anne's 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.
Queen Anne's County
What the Queen Anne's County economy runs on
- County GDP, 2024$2.88 bn
- County GDP, 2023$2.66 bn
- GDP change, 2023 to 20248.2 percent
- GDP change over five years51.4 percent
- Rank by GDP among Maryland counties18th
- Rank by GDP among US county-equivalents1009th
- GDP per resident$55,484
Output grew 8.2 percent in the latest year and 51.4 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.
Queen Anne's County
Who employs people in Queen Anne's County
- Covered employment, annual average16,269
- Establishments reporting1,637
- Average annual pay$56,415
- Average weekly wage$1,085
- Sector 72, employment2,563
- Sector 72, average annual pay$28,461
- Sector 44-45, employment2,168
- Sector 44-45, average annual pay$36,743
- Sector 31-33, employment1,452
- Sector 31-33, average annual pay$64,745
- Sector 62, employment1,107
- Sector 62, average annual pay$53,152
- Sector 42, employment1,035
- Sector 56, employment1,024
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 72 | 2,563 | 102 | $28,461 |
| Sector 44-45 | 2,168 | 190 | $36,743 |
| Sector 31-33 | 1,452 | 62 | $64,745 |
| Sector 62 | 1,107 | 128 | $53,152 |
| Sector 42 | 1,035 | 70 | $120,069 |
| Sector 56 | 1,024 | 103 | $49,407 |
| Sector 23 | 1,023 | 242 | $64,756 |
| Sector 81 | 783 | 170 | $45,863 |
The largest sector is the biggest private employer group at 2,563 jobs, 15.8 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.
Queen Anne's County
What businesses operate in Queen Anne's County
- Establishments, all industries1,421
- Employment at those establishments12,926
- Annual payroll$673.2 m
- Establishments per 1,000 residents27.4
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.
Queen Anne's County
What is being built in Queen Anne's County
- Housing units authorised by permit, 2024356
- Declared construction value permitted$81.3 m
- Single family units authorised300
- Multifamily units authorised56
- Multifamily share of units15.7 percent
- Average declared value per unit$228,400
- Units authorised per 1,000 households17.9
Multifamily is 15.7 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Queen Anne's County
How much SBA lending happens in Queen Anne's County
- 7(a) approvals recorded69
- 7(a) gross approval dollars$26.1 m
- Average 7(a) approval$378,201
- Median 7(a) approval$80,000
- 10th percentile approval$15,000
- 90th percentile approval$1,090,000
- Largest single approval$4,500,000
- Jobs reported supported, 7(a)750
- Jobs per approval10.9
- Distinct 7(a) lenders active22
- Distinct industries receiving approvals47
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer5.8 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter62
- Franchise loans8
- Franchise share of approvals11.6 percent
- Leading industry by approval countResidential Remodelers (6)
- Most active lenderManufacturers and Traders Trust Company (39)
- 504 approvals recorded12
- 504 gross approval dollars$10.2 m
- Average 504 approval$849,917
- Median 504 approval$493,000
- Distinct CDCs active2
- 504 jobs per approval10.8
- 504 jobs per million dollars approved12.6
- Most active CDCBusiness Finance Group, Inc. (11)
- 7(a) share of SBA approvals85.2 percent
- Combined SBA approval dollars$36.3 m
The average approval of $378,201 sits well above the median of $80,000, 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 5.8 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.
Queen Anne's County
Do SBA loans in Queen Anne's County get paid back
- Loans with a final outcome recorded15
- Paid in full14
- Charged off1
- Charge off rate on resolved loans6.7 percent
- Status: Paid in full14
- Status: Charged off1
- Status: Cancelled3
- Status: Exempt from disclosure46
- Status: Committed, not yet disbursed5
Of the 15 loans that have reached a final outcome, 6.7 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Queen Anne's County
Which parts of Queen Anne's County get the lending
- Places in the county with recorded lending8
- Stevensville, approvals33
- CENTREVILLE, approvals9
- CHESTER, approvals9
- QUEENSTOWN, approvals7
- Grasonville, approvals6
- CHURCH HILL, approvals3
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Stevensville | 33 | $12,948,200 |
| CENTREVILLE | 9 | $3,375,000 |
| CHESTER | 9 | $834,700 |
| QUEENSTOWN | 7 | $1,176,000 |
| Grasonville | 6 | $2,640,000 |
| CHURCH HILL | 3 | $5,047,000 |
| CHESTERTOWN | 1 | $50,000 |
| MILLINGTON | 1 | $25,000 |
Stevensville accounts for 33 approvals against 9 in CENTREVILLE. 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.
Queen Anne's County
How big is Queen Anne's County
- Land area372 sq mi
- Rank by land area among Maryland counties15th of 24
- Width, east to west33.8 mi
- Height, north to south29.2 mi
- Geographies sharing a boundary3
- Residents per square mile of land139
- Establishments per square mile3.82
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 Queen Anne's 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 Queen Anne's County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population51,825
- Households19,907
- Average household size2.60
- Median household income$112,826
- Median age44.7
Common questions
Queen Anne's County questions, answered from the record.
How many people live in Queen Anne's County, Maryland?
51,825, in 19,907 households, ranking 18th of 24 Maryland counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Queen Anne's County growing?
The population has grown 7.63 percent since the 2020 census base. In 2024 there were 518 births against 518 deaths, with net migration of 1,003. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Queen Anne's County?
$112,826. The median owner-occupied home is valued at $462,700, which is 4.1 times income, and median gross rent is $1,619 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Queen Anne's County?
1,421 establishments, employing 12,926 people with an annual payroll of $673.2 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 Queen Anne's County?
Average annual pay is $56,415, or $1,085 a week, across 16,269 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Queen Anne's County?
69 7(a) approvals totalling $26.1 m since FY2020, across 22 lenders, with a median approval of $80,000, plus 12 504 approvals worth $10.2 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Queen Anne's County get paid back?
Of the 15 loans that have reached a final outcome, 14 were paid in full and 1 charged off, a charge off rate of 6.7 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Queen Anne's County?
356 housing units were authorised by permit in 2024, with a declared construction value of $81.3 m. Multifamily was 15.7 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Queen Anne's 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 Queen Anne's County come from?
The largest single origin is Queen Anne's County Non-migrants, with 19,934 households. Arriving households report an average income of $130,217 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 Queen Anne's 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 Queen Anne's 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.