Feb 10 2025 3 mins
The job market in Baltimore is experiencing significant growth, particularly in the tech sector. By 2025, Baltimore's tech scene is projected to create 52,000 jobs and generate a $4.2 billion economic impact, driven by a focus on AI, biotechnology, cybersecurity, healthcare IT, and software development. The city is home to over 400 tech startups and benefits from strong partnerships with universities and research institutions.
Employment in Baltimore is robust, with tech salaries ranging from $91,000 for entry-level positions to over $110,000 for experienced roles. Cybersecurity roles are in high demand, with security analysts earning between $120,000 to $141,000. Other highly paid positions include network administrators, QA engineers, and IT project managers. Data science, cloud engineering, and AI skills are also highly sought after, with data scientists commanding salaries up to $154,850.
As of November 2024, the unemployment rate in Baltimore stands at 4.50%, which is lower than the long-term average. This rate has fluctuated over the past year but remains relatively stable compared to historical data.
Major industries in Baltimore include financial and professional services, health and bioscience technology, culture and tourism, information and creative services, logistics, and advanced manufacturing. The city is home to prestigious universities and hospital systems, such as Johns Hopkins, which are significant employers. Other major employers include retail and manufacturing companies, as well as government agencies.
The cybersecurity sector is particularly thriving, with a 33% projected growth by 2025. Maryland leads the nation in cyber job openings, and Baltimore County alone has 16,000 open positions in this field. Educational initiatives from the University of Maryland and tech training programs support this growth.
Commuting in Baltimore is facilitated by easy access to highways, ports, rail, and air travel. This infrastructure makes the city attractive for both residents and employers.
Government initiatives play a crucial role in supporting the tech ecosystem. Baltimore has been selected as a federal Tech Hub focused on AI and biotechnology, which has boosted federal investments and partnerships with educational institutions.
Recent developments include a surge in venture capital funding for sectors like cybersecurity, SaaS development, and healthcare technology. Professional and business services have added 4,300 new jobs, while education and health services have expanded by 8,100 positions.
Current job openings include Security Analyst positions with salaries starting around $102,000, Network Administrator roles with salaries ranging from $92,000 to $108,000, and QA Engineer positions with earnings between $146,000 to $166,000.
In summary, Baltimore's job market is strong and growing, especially in the tech and cybersecurity sectors. With a low unemployment rate, significant government and educational support, and a thriving startup ecosystem, the city offers diverse and lucrative job opportunities.
Employment in Baltimore is robust, with tech salaries ranging from $91,000 for entry-level positions to over $110,000 for experienced roles. Cybersecurity roles are in high demand, with security analysts earning between $120,000 to $141,000. Other highly paid positions include network administrators, QA engineers, and IT project managers. Data science, cloud engineering, and AI skills are also highly sought after, with data scientists commanding salaries up to $154,850.
As of November 2024, the unemployment rate in Baltimore stands at 4.50%, which is lower than the long-term average. This rate has fluctuated over the past year but remains relatively stable compared to historical data.
Major industries in Baltimore include financial and professional services, health and bioscience technology, culture and tourism, information and creative services, logistics, and advanced manufacturing. The city is home to prestigious universities and hospital systems, such as Johns Hopkins, which are significant employers. Other major employers include retail and manufacturing companies, as well as government agencies.
The cybersecurity sector is particularly thriving, with a 33% projected growth by 2025. Maryland leads the nation in cyber job openings, and Baltimore County alone has 16,000 open positions in this field. Educational initiatives from the University of Maryland and tech training programs support this growth.
Commuting in Baltimore is facilitated by easy access to highways, ports, rail, and air travel. This infrastructure makes the city attractive for both residents and employers.
Government initiatives play a crucial role in supporting the tech ecosystem. Baltimore has been selected as a federal Tech Hub focused on AI and biotechnology, which has boosted federal investments and partnerships with educational institutions.
Recent developments include a surge in venture capital funding for sectors like cybersecurity, SaaS development, and healthcare technology. Professional and business services have added 4,300 new jobs, while education and health services have expanded by 8,100 positions.
Current job openings include Security Analyst positions with salaries starting around $102,000, Network Administrator roles with salaries ranging from $92,000 to $108,000, and QA Engineer positions with earnings between $146,000 to $166,000.
In summary, Baltimore's job market is strong and growing, especially in the tech and cybersecurity sectors. With a low unemployment rate, significant government and educational support, and a thriving startup ecosystem, the city offers diverse and lucrative job opportunities.