Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

Every State is an Auto State

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State Facts

Autos Drive Maryland Forward

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83,643
83,643 Total Auto Jobs in Maryland
2.24%
2.24% is dependent on the Auto Industry for Jobs.
$6.67B
Total Labor Income Annually
$10.56B
Total Car Sales in 2018
329.9K
Total New Car Sold in 2018

Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2018 data year; compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2018 - December 31, 2018.

Tax Revenue

$785.9M
Total State Tax revenue
3.5%
Percent of State Tax Revenue
$745.1M
New Vehicle Sales Taxes
$422.5M
Used Vehicle Sales Taxes
$165.3M
Sales Tax on Auto Parts and Services
$1.61B
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$13.3M
Corporate Profits Tax
$90.1M
State Income Taxes

Registrations

4,723,057

Registered

By Body Style

By Powertrain

The Maryland average age of vehicles is 10.92 years.

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.

New Purchases

329,936

Vehicles Sold

By Body Style

By Powertrain

$107.94B
$107.94 Billion Total Imports
$47.47B
$47.47 Billion Total Exports
$14.62B
$14.62 Billion Total Imports
$4.71B
$4.71 Billion Total Exports
Compiled by Alliance for Automotive Innovation with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.
Gasoline Stations 2836
Electric Charging Stations 592
Biodiesel Stations 2
Compressed Natural Gas Stations 8
Hydrogen Stations 0
Liquefied Natural Gas Stations 0
Liquefied Petroleum Gas Stations 31

$32,000

$32,000 Average MSRP Per New Car

$80,776

$80,776 Median Household Income

$6,731

$6,731 Median Monthly Household Income

$487

$487 Median Monthly New Car Payment

7.24%

7.24% Monthly Car Payment As A Percent Of Monthly Income (%)

Commuting to Work

Automakers' Facilities

BMW Group

Location Employees
BMW of North America Vehicle Distribution Center Baltimore 5

Honda

Location Employees
Honda Zone Office Gaithersburg 50

Mazda

Location Employees
Mazda Port Facility Baltimore 1

Mercedes-Benz

Location Employees
Mercedes-Benz USA Baltimore 70

Stellantis

Location Employees
Mid-Atlantic (Washington, DC) Business Center Columbia 109

Subaru of America

Location Employees
Eastern Region - Zone 2 DC (DCA) Columbia 17
Port - Baltimore, MD Baltimore 5
Subaru Service Training Center - Washington DC Frederick 3

Volkswagen Group of America

Location Employees
Port-Baltimore Baltimore 3