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Baltimore, MD Insightsas of Oct 2026
Population size
570 K People
Population growth
-0.8%
Age distribution
Under 18: 20.5%
18-24: 9.3%
25-44: 29.2%
45-64: 22.1%
65+: 18.9% percent
18-24: 9.3%
25-44: 29.2%
45-64: 22.1%
65+: 18.9% percent
Household size
2.16 People
Household composition
Family households: 45%
Non-family: 55%; Married couples: 25%
Female householder no spouse: 30% percent
Non-family: 55%; Married couples: 25%
Female householder no spouse: 30% percent
Education level
High school or higher: 87.7%
Bachelor's or higher: 31.1% percent
Bachelor's or higher: 31.1% percent
Median household income
62,177 USD
Employment rate
61.8 %
Job growth
4.2 %
Dominant industries
Healthcare and social assistance, Educational services, Public administration, Finance and insurance, Manufacturing
Cost of living index
102.5 index (US=100)
Retail sales per capita
14,159 USD
Disposable income
40,604 USD/person
Spending behavior by category - apparel, dining, electronics
Apparel: 4.5%, Dining: 8.2%, Electronics: 2.1% percent of consumer spending
Existing retail mix
Grocery stores, apparel shops, electronics retailers, restaurants, department stores
Number of competitors
4,200 stores
Market saturation
75 percent
Presence of anchor tenants
Macy's, Nordstrom Rack, Walmart in major malls
Foot traffic from nearby businesses
500,000 visits/year
Rent costs
25 USD/sqm/month
Property values
1,200,000 USD/property
Zoning laws
Mixed-use zoning in commercial districts, retail permitted in C-1 to C-3 zones
Business permits
30 days
Availability of retail space
10 SQM
Proximity to major roads
Most retail within 1 km of I-95 or I-83
Public transportation access
Good via MTA bus and light rail
Parking availability
Ample in suburbs, limited in downtown
Pedestrian traffic
1,000,000 people/year
Vehicle traffic
100,000 vehicles/day
Public transport accessibility
17.5 percent
Commute times
29.1 minutes
Work patterns
Standard 9-5 office hours, shift work in manufacturing and healthcare
Shopping preferences
Convenience and value-oriented with preference for local experiences
Brand affinity
Strong for local brands like Under Armour and national chains
Consumer loyalty
60 percent
Entertainment and leisure trends
Sports events, museums, outdoor dining, and cultural festivals
Crime statistics
Violent: 1,833/100,000; Property: 4,000/100,000 incidents/100,000 people
Shoplifting rates
2 percent
Public safety measures
CCTV surveillance, increased police patrols in retail areas
Tourist spending
2,000,000,000 USD/year
Tourist footfall
25,000,000 visitors/year
Major local events
Artscape, Preakness Stakes, Inner Harbor festivals
Seasonal attractions
Summer Inner Harbor activities, winter holiday markets
E-commerce penetration
15 %
Click-and-collect adoption
20 %
Local preference for in-store shopping
70 %
Total retail space
1,100,000 sqm
Retail space per capita
2.1 sqm/person
Projected growth in retail space
1 %
Retail leakage rate
10 %
Sustainable retail demand
5 percent
Major upcoming retail projects
Harbor East expansions and mixed-use developments
Grocery market share distribution - Top 3 retailers & market share
Giant: 30%, Safeway: 25%, Walmart: 20% percent
Consumer spending patterns
Essentials: 60%, Discretionary: 40% percent
Grocery expenditure trends
3 percent/year
Luxury retail performance
2 percent
Top mall shopping preferences
Towson Town Center, Arundel Mills, The Gallery
Shopping trips to other cities - % of residents
15 percent
Key drivers for mall visits
Entertainment, dining, one-stop shopping
Preferred brand categories - Luxury fashion, Value fashion, etc.
Value fashion: H&M, Old Navy; Luxury fashion: Nordstrom, Saks
Number of existing malls
5
Total retail footfall - annual visits across malls
50,000,000 sqm
Retail market gaps
High-end luxury outlets, specialty organic food stores
Trade area population
2,800,000 people
Retail potential in catchment area
5,000,000,000 USD
Projected retail growth rate
2.5 %
Preferred mall layouts
Open-air lifestyle centers and traditional enclosed malls
Public transport access
Good for major malls via MTA light rail and buses
Walkability score
50 score (0-100)
Road infrastructure & car access
Excellent highway connectivity via I-95 and I-695
Parking capacity in comparable malls
5,000 spaces
Surrounding land use & future developments
Mixed residential and commercial; upcoming mixed-use projects in Harbor East
Retail Destinations in Baltimore, MD
Browse 3 retail destinations in Baltimore, MD, United States. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Baltimore, MD at a Glance
- Total Properties3
- CountryUnited States
