Salisbury, MD Overview Salisbury, MD is the largest town in the state's southeast area. Often called the "Crossroads ...
Salisbury, MD Overview
Salisbury, MD is the largest town in the state's southeast area. Often called the "Crossroads of Delmarva", it is located east of Washington, DC and South of Baltimore, roughly 100 miles from each metro area, and only 50 miles from Dover, DE and the shore. With its close proximity to Delaware, Virginia and DC, shoppers, businesses and travelers headed to the coast pass through the area. Picturesque and historic, the city is home to just over 30,000 residents and is the principal city in the metro area, which has a population of over 100,000.
The cost of living in Salisbury, MD is roughly 93 percent of the national average, with the biggest savings coming from housing costs, which are only 70 percent of the national average. The mean annual wage in the area is $40,670 and the median home price is $119,600. Forbes named the city as one of the best small places for business and careers.
Salisbury, MD Job Opportunities
Most people in Salisbury, MD— some 34 percent of the workforce — are employed in management or professional occupations. Sales and office work account for an additional 27.8 percent, while service and production occupations each employ roughly 13 percent of the local population. Top employers in Salisbury, MD include Peninsula Regional Medical Center which employs over 3,000 people, Perdue Farms with its 1,600-strong staff and Salisbury University, which employs almost 1,400 people. Other major employers include Harvard Custom Manufacturing, K&L Microwave, Wal-Mart, Genesis HealthCare and Delmarva Power.
Salisbury, MD Employment Trends
The unemployment rate in Salisbury, MD is 8.2 percent, which is higher than the national unemployment rate of 5.3 percent. Projected annual job growth is only 1.7 percent, but high-tech employment is expected to see some gains going forward, increasing 2.9 percent in the years to come.