The average amount of foreclosure filings in Maryland is one filing for every 54 households, resulting in a total of 3,178 properties with foreclosure filings. Close to the United States average of 45, and is a little less than two percent of the state's housing units.
Maryland is the 19th largest U.S. state by population, with 5,699,478 people, and the 5th most densely populated state. Its 12,407 square miles make it the 42nd largest state by area. Median household income is $69,272, one of the highest in the country. The GDP of Maryland is $257 billion.
Gauged by median household income, Maryland is one of the country's most prosperous states, having the lowest poverty rate in the country with 7.8%. Much of Maryland's economy is derived from transportation, owing to its large seaport, its proximity to several major cities, and because many of its residents work in Washington D.C. There is also a lot of economic activity centered on government contracting. Maine is world famous for its lobsters, and fishing is a strong part of the state's economy.