So you’re considering moving to Baltimore, Maryland. But, like any big move, there are a lot of factors to consider when trying to decide what location to call home next.
Baltimore — also nicknamed Charm City in reference to Baltimore’s history and hidden charm — has a population of 575,584 people, making it the largest city in Maryland, and the 31st largest city in the United States.
There are a variety of reasons so many opt to live in this busy, growing city. For one, it’s located just 45 minutes away from Washington D.C., making it a fairly easy commute for those who work there. It has a rich history, exciting nightlife options, and easy access to top-quality education.
Here are some other important things to consider before you make your big move to the Old Line State.
If you enjoy experiencing all four seasons, then Baltimore might just be the perfect place for you. During the summer months, you can expect typical hot and humid weather, while winters are cold, snowy, and often windy. But spring and fall are perfectly mild, allowing you to transition from hot to cold with a quick reprieve! Plus, this city gets an average of 213 sunny days each year.
Explore Baltimore’s Job Market
There are nine key industries that currently drive at least 50% of the area’s employment:
- Transportation, Distribution, and Logistics (TDL)
- Financial Services
- Professional & Business Services
- Information Technology (IT)
Top companies such as BD Life Sciences, McCormick, Lockheed Martin, and the Social Security Administration are all headquartered in the city. Top universities’ medical systems also employ a large number of Baltimoreans, including Johns Hopkins Hospital & Health System and the University of Maryland Medical System.
Baltimore is also home to two major bioscience parks: in East Baltimore at Johns Hopkins and at the University of Maryland-Baltimore County.
The average annual salary is above the national average, at $64,500. Unemployment rates are also lower than the national average, at 7.2%.
Real Estate & Rental Markets
As it is in most of the United States, the Baltimore real estate market has been steadily increasing in recent years, but the housing market has begun to slow. Inventory levels continue to rise around the city, while demand falls off — which is a good sign for potential buyers to start looking! The median sales price for a home is around $230,500.
The average rent for an apartment in Baltimore is between $1,349 and $1,635 in 2023. This is significantly cheaper than nearby cities such as Washington D.C., Arlington, Bethesda, and Alexandria.
If you’re looking for a new educational opportunity for your growing family, there are a lot of educational options all around the area, ranging from private to charter to public. The Baltimore public school system alone contains 159 schools and more than 77,856 students!
But opportunities to learn don’t just stop there. Top universities and colleges that are located within the area include:
- Johns Hopkins University
- Notre Dame of Maryland University
- Coppin State University
- Loyola University Maryland
- Morgan State University
- The University of Baltimore
- University of Maryland, Baltimore County
- Maryland Institute College of Art
- Goucher College
Things to Do Around Town
There are so many things to do all around Baltimore, regardless of your age or stage of life! There truly is something for everyone.
If you enjoy sports, there are two major teams to support in your very own backyard! Cheer on the Baltimore Orioles (MLB) and the Baltimore Ravens (NFL) during their individual seasons.
Looking for something to do on a rainy day with the kids? The Baltimore National Aquarium is an inspiring conservation effort for many of the world’s aquatic treasures, allowing your whole family to connect with nature in a whole new way.
History buffs, listen up: Check out some of these museums and historical landmarks:
- The Fort McHenry National Monument and Historic Shrine
- B&O Railroad Museum
- Historic Ships
- Edgar Allan Poe House & Museum
- George Peabody Library
Great Outdoor Spaces
You might not be expecting it, but Baltimore is chock-full of unexpected open, outdoor spaces — parks, promenades, and waterfront areas — for exploration. Plus, there’s no shortage of delicious fare options all around Charm City.
The Inner Harbor is a beautiful, scenic waterfront view with lots of fun stops along the way. Nearby Power Plant Live! has a variety of restaurants, bars, and music venues to choose from. The MECU Pavilion hosts outdoor concerts for big headliners during the summer months.
Get your running shoes on — here are some must-see parks and trails to explore during the warmer months.
- Federal Hill Park – perfect for challenging sprints with a waterfront view
- Canton Waterfront Park – an eight-acre space to spread out in
- Fort McHenry – .9 mile paved and winding walkway that surrounds the forts and are free to explore
- Inner Harbor Promenade – a seven-mile paved promenade, perfect for a stroll with the whole family
- Rash Field – a downtown stop with sand volleyball courts, a skatepark, a nature park, and a playground
- Carroll Park – a 117-acre stretch of green that also includes baseball fields, basketball courts, a skate park, and a 9-hole golf course
- Druid Hill Park – mile-long loop with jaw-dropping city views
- Jones Falls Trail – a ten-mile hiking and biking trail that transports you out into nature
Let Morningstar Storage Make You Feel at Home
Moving to a new place, even as amazing as Baltimore, can be an overwhelming task, so let our team here at Morningstar Storage help make the transition that much easier! With two locations right in the heart of Baltimore, our team of dedicated storage experts can help to keep your things safe and secure while you look for a new place to call home. Learn more about all the ways Morningstar Storage can help you get adjusted — find your nearest Morningstar location to get started.