HomeMarylandQueen Anne's County
Queen Anne's County, Maryland: commercial real estate data.
Queen Anne's County, Maryland had an estimated 53,688 residents on July 1, 2024, up 7.6 percent since the 2020 census base of 49,880, across 372 square miles. 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Queen Anne's County
How many people live in Queen Anne's County
- Population, American Community Survey 2020-202451,825
- 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-equivalents, Puerto Rico included988th of 3,222
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 seriously unaffordable 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's population growing?
- Population, July 1, 202453,688
- Census 2020 base population49,880
- Population change since the 2020 census base7.63 percent
- Population change, 2023 to 20241,006
- 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 of 3,144
The county has grown 7.63 percent since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Queen Anne's County
Where are people moving to Queen Anne's County from?
- Tax returns filed by households arriving1,744
- People arriving, from those returns3,101
- Tax returns filed by households leaving1,434
- Net household movement310
- Adjusted gross income arriving$227.1 m
- Net adjusted gross income movement$88.6 m
- Average income of an arriving household$130,217
- Average income of a leaving household$96,559
- Largest single originAnne Arundel County (484 households)
- Largest single destinationAnne Arundel County (248 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Anne Arundel County | 484 | 913 | $63.6 m |
| Caroline County | 83 | 152 | $4.2 m |
| Kent County | 81 | 149 | $5.1 m |
| Talbot County | 69 | 118 | $4.1 m |
| Baltimore County | 65 | 130 | $9.4 m |
| Prince George's County | 64 | 108 | $5.7 m |
| Montgomery County | 56 | 89 | $11.4 m |
| Howard County | 54 | 103 | $7.7 m |
Households arriving report $33,658 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Anne Arundel County, 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 is the Queen Anne's County economy?
- 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 the Maryland areas BEA publishes18th of 24
- Rank by GDP among the US county areas BEA publishes1009th of 3,127
- 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
Employment by industry in Queen Anne's County
- Covered employment, annual average16,269
- Establishments reporting1,637
- Average annual pay$56,415
- Average weekly wage$1,085
- Accommodation and food services, employment2,563
- Accommodation and food services, average annual pay$28,461
- Retail trade, employment2,168
- Retail trade, average annual pay$36,743
- Manufacturing, employment1,452
- Manufacturing, average annual pay$64,745
- Health care and social assistance, employment1,107
- Health care and social assistance, average annual pay$53,152
- Wholesale trade, employment1,035
- Administrative and support and waste management services, employment1,024
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Accommodation and food services | 2,563 | 102 | $28,461 |
| Retail trade | 2,168 | 190 | $36,743 |
| Manufacturing | 1,452 | 62 | $64,745 |
| Health care and social assistance | 1,107 | 128 | $53,152 |
| Wholesale trade | 1,035 | 70 | $120,069 |
| Administrative and support and waste management services | 1,024 | 103 | $49,407 |
| Construction | 1,023 | 242 | $64,756 |
| Other services, except public administration | 783 | 170 | $45,863 |
Accommodation and food services is the largest private sector at 2,563 jobs, 15.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Queen Anne's County
How many businesses are 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. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Queen Anne's County
Building permits in Queen Anne's County
- Housing units authorized by permit, 2024356
- Declared construction value permitted$81.3 m
- Single family units authorized300
- Multifamily units authorized56
- Multifamily share of units15.7 percent
- Average declared value per unit$228,400
- Units authorized per 1,000 households17.9
Single-family homes are 84.3 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Queen Anne's County
SBA loans in Queen Anne's County (7(a) and 504)
- 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$17,400
- 90th percentile approval$1,068,400
- 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$462,500
- Distinct CDCs active2
- 504 jobs per approval10.8
- 504 jobs per million dollars approved12.6
- Most active CDCBusiness Finance Group, Inc. (11)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$36.3 m
The average approval of $378,201 sits well above the median of $80,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here 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
SBA loan default and charge-off rates in 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
- Status: Paid in full14
- Status: Charged off1
- Status: Cancelled3
- Status: Exempt from disclosure46
- Status: Committed, not yet disbursed5
Only 15 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Queen Anne's County
SBA lending by place in Queen Anne's County
- Borrower cities with recorded lending8
- Stevensville, approvals33
- Centreville, approvals9
- Chester, approvals9
- Queenstown, approvals7
- Grasonville, approvals6
- Church Hill, approvals3
| Borrower city | 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 large 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 boundary4
- 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.
Queen Anne's County
Flood risk in Queen Anne's County
- Communities in the county in the NFIP Community Status Book7
- Of those, participating in the NFIP7
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Queen Anne's County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The EPA places Queen Anne's County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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.
- Population, American Community Survey 2020-202451,825
- 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?
The Census Bureau estimates 53,688 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 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's population growing?
The population has grown 7.63 percent since the 2020 census base of 49,880, to 53,688 on July 1, 2024. 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 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 employment by industry in Queen Anne's County?
Accommodation and food services is the largest private sector at 2,563 jobs, 15.8 percent of covered employment. Covered employment averages 16,269 jobs at an average annual pay of $56,415, or $1,085 a week. 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 totaling $26.1 m since FY2020, across 22 lenders, with a median approval of $80,000, plus 12 504 approvals worth $10.2 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Queen Anne's County?
356 housing units were authorized 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 Anne Arundel County, with 484 households. Arriving households report an average income of $130,217 against $96,559 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?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Queen Anne's County
Cities and places in Queen Anne's.
15 Census places lie wholly or partly in Queen Anne's County. All 15 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Stevensville | CDP | 8,802 | 33 | Wholly in this county |
| Chester | CDP | 4,797 | 9 | Wholly in this county |
| Centreville | town | 4,761 | 9 | Wholly in this county |
| Grasonville | CDP | 3,564 | 6 | Wholly in this county |
| Romancoke | CDP | 2,064 | None recorded | Wholly in this county |
| Kingstown | CDP | 1,713 | None recorded | Wholly in this county |
| Church Hill | town | 1,060 | 3 | Wholly in this county |
| Queenstown | town | 907 | 7 | Wholly in this county |
| Kent Narrows | CDP | 507 | None recorded | Wholly in this county |
| Millington | town | 469 | 1 | 10.2 percent here, 89.8 percent Kent County |
| Sudlersville | town | 347 | None recorded | Wholly in this county |
| Crumpton | CDP | 248 | None recorded | Wholly in this county |
| Barclay | town | 225 | None recorded | Wholly in this county |
| Queen Anne | town | 210 | None recorded | 52.8 percent here, 47.2 percent Talbot County |
| Templeville | town | 63 | None recorded | 40.3 percent here, 59.7 percent Caroline County |
A further 1 of the county's 69 SBA 7(a) approvals are to borrowers in cities that match no Census place in Queen Anne's County, the largest being Chestertown (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby