Harford CountyMonthly Statistics Report

Compiled by the Office of Community & Economic Development

Labor Statistics

Baltimore County Cecil County Harford County Maryland

FEB 2020

MAR 2020

APR 2020

MAY 2020

JUN 2020

JUL 2020

AUG 2020

SEP 2020

OCT 2020

NOV 2020

DEC 2020

JAN 2021

FEB 2021

0

5

10

6.1% UnemploymentRate MD FEB 2021

Source: MD DLLR

Baltimore County Cecil County Harford County Maryland

FEB 2020

MAR 2020

APR 2020

MAY 2020

JUN 2020

JUL 2020

AUG 2020

SEP 2020

OCT 2020

NOV 2020

DEC 2020

JAN 2021

FEB 2021

0

2M5.1% UnemploymentRate HC FEB 2021

Source: MD DLLR

6.72%

UnemploymentRate U.S. FEB 2021

Source: U.S. BLS

APR 2021

Permitting Data

Real Estate

$981Harford CountyAverage Wage/WeekQuarter 3: 2020

Source: U.S. BLS

UNEMPLOYMENT RATE

LABOR FORCE

53.8% 

46.2% 

In-Commute Jobs

Out-Commute JobsSource: ACS 2019

2021 2020 2019

Other

New

0 50 100 150 200 250 300

JAN 2021 2020 2019

Other

New

0 10 20 30 40

JAN 2021 2020 2019

Other

New

0 5 10 15 20 25

JAN 2021 2020 2019

Other

New

0 500 1000 1500 2000

COMMERCIAL MANUFACTURED

MULTI-FAMILY RESIDENTIAL

130EstimatedNew Jobs

$2.64MCapital

Investment

48KSquareFootage

2020 DataEstimates

Units SoldMedian Sale Price

256$280,450

Harford County - Residential-3%

% CHANGE 1YR

^9%

Units SoldMedian Sale Price

27$414,000

Forest Hill, Jarrettsville, North-23%

% CHANGE 1YR

^<1%

Units SoldMedian Sale Price

100$278,950

Aberdeen, Belcamp, Havre de Grace^<1%

% CHANGE 1YR

^17%

Units SoldMedian Sale Price

65$310,000

Bel Air-20%

% CHANGE 1YR

-7%

Units SoldMedian Sale Price

34$291,254

Fallston & Joppa^6%

% CHANGE 1YR

no +/-

Units SoldMedian Sale Price

45$261,000

Abingdon^<1%

% CHANGE 1YR

^8%

Units SoldMedian Sale Price

22$166,000

Edgewood-4%

% CHANGE 1YR

-<1%

Source: Long & Foster Market Minute 02/21

OCED Updates

RETAILVacancy Rate 7.8%

Rental Rate/Sq Ft $20.12

Inventory Sq Ft 12.5M

OFFICEVacancy Rate 10.7%

Rental Rate/Sq Ft $22.49

Inventory Sq Ft 6M

 Source: CoStar Realty Information - 03/21

INDUSTRIALVacancy Rate 16.9%

Rental Rate/Sq Ft $7.23

Inventory Sq Ft 30.3M

Financial Data#1

CARES Act Grants#3

Workforce Technical Training Grant FY20Total Businesses: 27Number of Employees: 311Total $ Disbursed: $52,880.86

Economic Development Opportunity FundTotal Applications: 3Total Approved: 2Total $ Disbursed: $100,000

Small Business Relief Grant (48.19%)

Homegrown Harford Farm Relief Grant (3.73…

Business Owners Assistance Grant (34.27%)

Childcare Provider Relief Grant (6.33%)

Winter Restaurant Relief Grant (7.49%)

Small Business Relief Grant (54.34%)

Homegrown Harford Farm Relief Grant (1.4%)

Business Owners Assistance Grant (25.68%)

Childcare Provider Relief Grant (7.12%)

Winter Restaurant Relief Grant (11.47%)

SMALLBUSINESS

FARMRELIEF

BUSINESSOWNERS

CHILDCAREPROVIDER

RESTAURANTRELIEF

1,461 Grants =$10,995,000

113 Grants =$282,500

1,039 Grants =$5,195,000

192 Grants =$1,440,000

227 Grants =$2,320,000

Total: 3,032 Grants= $20,232,500

State Grant#2

State RestaurantAssistance Grant #1

224 Grants =$1,758,874.88

Karen HoltNEW Deputy

Director of OCED

2021-D Pulaski HighwayHavre de Grace, MDklholt@harfordcountymd.gov410-638-3058

Community & Economic Development2021-D Pulaski HighwayHavre de Grace, MD 21078410-638-3059oed@harfordcountymd.govwww.harfordcountymd.gov/OCED

Connect with us:

# of Grants

Total$

Partner Updates

JANUARY 2021417   Customers Served65     Training Services 10     Number of Seminars 389   Business Engagements6        Initial Business Contacts4        Talent Acquisition Activities

Q2 FY21 (Oct - Dec 2020)5        New Businesses Started41      Jobs Supported34      Clients Counseled63      Counseling Hours25%  Clients Achieving Milestones$120,000   Capital Infusion

Susquehanna Workforce Network(410) 939-4240 | https://www.swnetwork.org/

Small Business Development Center(443) 412-2237 | https://www.marylandsbdc.org/

SPOTLIGHT ONEastgate Logistics Park

2.3M SF Industrial ParkLocated in Perrymanmrpindustrial.com/eastgate

Since January 2021

State RestaurantAssistance Grant #2

256 Grants =$1,055,324.16

TOTAL: $2,814,199.04

HOTELRELIEF*

32 Grants =$1,005,964

*Available only to hotels thatcontributed toward the county's 

hotel/lodging fee in 2020

RELIEF Act Grants#4THREE NEW GRANT PROGRAMS:

Nonprofit Relief GrantState Restaurant Assistance Grant - Round 3Hotel Relief Grant - Round 2 www.harfordcountymd.gov/2880/COVID-19-Business-Relief-Grants