Jobs & Economy in Towson

Towson's economy runs on a real, substantial local base anchored by Towson University and Greater Baltimore Medical Center, reflected in above-national income figures and a low unemployment rate.

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Two real, substantial local anchors

Towson University's 19,401 total enrollment and GBMC's regional hospital, serving 20,455+ inpatient cases and ~52,000 ED visits annually, both anchor real, substantial local employment.

Above-national income figures

Towson's real, disclosed median household income ($90,951) and per-capita income ($60,489) both run well above national figures.

A real, low unemployment rate

Towson's 4.2% unemployment rate ran 11% below the national rate, reflecting the area's real, stable university- and healthcare-anchored employment base.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.