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Prince George's County

Primary Office Markets

     
Prince George's 23,546,304 sq/ft*  
     
Beltsville / Laurel 4,575,983 sq/ft  
Bowie 1,772,416 sq/ft  
Greenbelt 3,326,162 sq/ft  
Hyattsville / College Park 4,413,025 sq/ft  
Largo / New Carrollton / Lanham 5,398,917 sq/ft  
National Harbor /
Southern Pr. George's
4,059,801 sq/ft  
* Includes buildings under construction

 

Notable Independent Companies

 
Independent Publicly Traded
             
    location   Symbol   Market Cap
             
Radio One, Inc   Lanham  
(ROIA, ROIAK)
   
Vocus, Inc   Lanham  
(VOCS)
   
Old Line Banchsares, Inc   Bowie   (OLBK)    
Washington Savings Bank, Holdings, Inc   Bowie   (WSB)    

Taxes

         
    Prince George's   Maryland
Corporate Income Tax (2011)   none   8.25%
 
Personal Income Tax (2011)   3.20%   2.0% - 5.5%1
 
Sales & Use Tax (2011)   none   6.0%2
 
Business Personal Property Tax (FY 11)   $2.403   none
 
Real Property Tax (FY 11)   $0.964   $0.112
 
1 Graduated rate peaking at 5.5% on taxable income over $500,000

2 Exempt – sales for resale; manufacturer’s purchase of raw materials; manufacturing machinery and equipment; purchases of materials and equipment used in R&D and testing of finished products; purchases of computer programs for reproduction or incorporation into another computer program for resale

3 Rate per $100 of depreciated value. Exempt – manufacturing and R&D machinery, equipment, materials and supplies; manufacturing, R&D and warehousing inventory
In an incorporated area, the county rate may vary and a municipal rate may also apply

4 Effective rate per $100 of assessed value. In addition to this rate, there are some miscellaneous taxes and/or special taxing areas in the county; in an incorporated area, the county rate may vary and a municipal rate will also apply

 

Demographics

       
    National Rank Regional Rank
Population      
863,420      
Median household income (in 2009 inflation-adjusted dollars)      
$69,947      
State Median household income (in 2009 inflation-adjusted dollars)      
$69,272   1 1
Per capita income (in 2009 inflation-adjusted dollars)      
$30,657      
Housing units      
328,182      
Private Sector Jobs      
217,839      
Private Sector Establishments      
15,388      
Total civilian labor force (BY PLACE OF RESIDENCE)      
447,551      
Residents commuting outside the county to work (2007-2009)      
260,266 (60.1%)