RentalRankedAnalyze a Deal

People Leaving Maryland

IRS tax return migration data (2021→2022) shows where Marylandresidents are going and who's moving in.

Net Migration

-7,903

households

Moved In

2,259,644

households

Moved Out

2,267,547

households

Avg Income (Inflow)

$112,069

per household

Moving INTO Maryland from:

1.District of Columbia
9,963avg $105,433
2.Virginia
5,783avg $108,157
3.New York
3,328avg $89,183
4.California
2,863avg $115,449
5.Delaware
2,768avg $69,740
6.Pennsylvania
2,587avg $77,586
7.Florida
1,949avg $85,214
8.New Jersey
1,719avg $95,815
9.Massachusetts
901avg $117,692
10.West Virginia
841avg $54,444

Maryland residents moving TO:

1.District of Columbia
7,132avg $91,931
2.Virginia
6,331avg $87,578
3.Florida
4,308avg $152,429
4.Delaware
3,743avg $106,798
5.California
3,554avg $100,839
6.Pennsylvania
3,377avg $84,716
7.New York
2,955avg $93,861
8.West Virginia
1,535avg $65,739
9.New Jersey
1,419avg $93,986
10.South Carolina
1,308avg $127,876

💡 Investment Signal: Maryland is losing population. This may indicate weakening demand, but can also mean lower property prices and higher cap rates for investors.