Maryland Business Daily reports Stories

From Maryland Business Daily

2017-2018 pay for starting teachers in Maryland averaged $45,147

By Maryland Business Daily reports | 4 years ago

A beginning teacher’s salary in Maryland averaged $45,147 for the 2017-2018 school year, the 10th highest rank among the 50 states and the District of Columbia, according to data analyzed by the National Education Association (NEA).

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Maryland’s public pensions are 73.7 percent government funded

By Maryland Business Daily reports | 4 years ago

Taxpayer contributions to Maryland’s public pension funds in 2018 amounted to 73.7 percent of the total, the 22nd highest ratio among the 50 states, according to newly released data by the U.S. Census Bureau.

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Total state tax collections in Maryland reach $21.6 billion, Census Bureau reports

By Maryland Business Daily reports | 4 years ago

State tax revenues in Maryland amount to $21.6 billion, the 16th highest tally among the 50 states, according to newly released data from the U.S. Census Bureau.

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Baltimore-Columbia-Towson’s concentrated poverty rate is the highest in Maryland

By Maryland Business Daily reports | 4 years ago

The Baltimore-Columbia-Towson metro area’s share of extreme poverty – neighborhoods where at least 40 percent of residents live below the poverty level – is the highest in Maryland, according to a new analysis from the website 24/7 Wall St.

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Maryland earns grade of D for manufacturing health

By Maryland Business Daily reports | 4 years ago

Maryland received a grade of D on a scorecard developed by Ball State University to gauge the health of each state’s manufacturing sector.

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Calvert County’s $4,665-per-month cost of living is the highest in Maryland

By Maryland Business Daily reports | 4 years ago

Residents of Calvert County need to make $4,665 every month to maintain a modest standard of living, making it the most expensive place to live in Maryland.

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Maryland’s public pensions are 74.2% government funded

By Maryland Business Daily reports | 4 years ago

Taxpayer contributions to Maryland’s public pension funds in 2017 amounted to 74.2 percent of the total, the 19th highest ratio among the 50 states, according to newly released data by the U.S. Census Bureau.

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Average student loan debt for graduates in Maryland is $28,844, study finds

By Maryland Business Daily reports | 4 years ago

College graduates in Maryland have an average debt burden of $28,844, according to a study by the website 24/7 Wall St. examining average student loan debt in the 50 states.

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Income taxes make up 37.8% of total state, local levies in Maryland, study finds

By Maryland Business Daily reports | 4 years ago

State income tax revenues in Maryland represent 37.8 percent of its total state and local levies, according to a new study by the Tax Foundation.

From Maryland Business Daily

Maryland ranks 29th lowest in state, local government GDP, study finds

By Maryland Business Daily reports | 4 years ago

Maryland finished 29th lowest in the size of its state and local government operations, based on their share of the state’s gross domestic product, according to a 24/7 Wall St. analysis.

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Maryland pension plans are 69% funded, study finds

By Maryland Business Daily reports | 4 years ago

The funded ratio of the Maryland public pension plans stands at 69%, according to a new analysis from the Tax Foundation based on fiscal-year 2017 data.

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Baltimore rated least livable among Maryland counties, study finds

By Maryland Business Daily reports | 4 years ago

Baltimore was ranked Maryland’s worst county to live in, according to a Wall St. 24/7 analysis of regions with the poorest quality of life within all 50 states.

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Maryland ranks 31st highest on distilled spirits taxes

By Maryland Business Daily reports | 4 years ago

The state distilled spirits excise taxes in Maryland ranked 31st in the nation, according to a new analysis from the Tax Foundation based on January 2019 data.

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$432,960 in annual income gets you into Maryland’s top 1% club, study finds

By Maryland Business Daily reports | 4 years ago

Bring in at least $432,960 in yearly income, and you’ll be among the top 1 percent of earners in Maryland, according to a Wall St. 24/7 analysis of the ultra wealthy in every state.

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Maryland ranks 11th highest on wine taxes, study finds

By Maryland Business Daily reports | 4 years ago

The state wine excise taxes in Maryland ranked 11th in the nation, according to a new analysis from the Tax Foundation based on January 2019 data.

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Maryland ranks 38th highest on state and local sales taxes, study finds

By Maryland Business Daily reports | 4 years ago

The combined state and average local sales taxes in Maryland ranked in a tie for 38th in the nation, according to a new analysis from the Tax Foundation based on July 2019 data.