According to the Bureau of Economic Analysis, in 2001, Maryland had a per capita personal income (PCPI) of $35,279 which ranked 6th in the United States (including the District of Columbia) and was 116% of the national average, $30,413. The 2001 PCPI reflected an increase of 3.6% from 2000 compared to the national change of 2.2%. In 2001, Maryland had a total personal income (TPI) of $190,014,792,000 which ranked 15th in the United States and accounted for 2.2% of the national total. The 2001 TPI reflected an increase of 5.0% from 2000 compared to the national change of 3.3%.
Earnings of persons employed in Maryland increased from $116,064,382,000 in 2000 to $122,248,013,000 in 2001, an increase of 5.3%. The largest industries in 2001 were services, 33.4% of earnings; state and local government, 11.3%; and federal civilian government, 9.7%. Of the industries that accounted for at least 5% of earnings in 2001, the slowest growing from 2000 to 2001 was wholesale trade (5.3% of earnings in 2001), which increased 0.8%; the fastest was construction (7.3% of earnings in 2001), which increased 8.0%.
According to data released by the US Census Bureau, in 2000, the median household income was $51,695 compared to the national average of $42,148. In 2001, the median income for a family of four was $82,879 compared to the national average of $63,278. For the period 1999 to 2001, the average poverty rate was 7.3% which placed it 3rd among the 50 states and the District of Columbia ranked lowest to highest.