The population in Talbot County, Maryland, was 37,211 per American Community Survey data for 2014-2018. The region has a civilian labor force of 18,520, with a participation rate of 59.5%. Of individuals 25 to 64 in Talbot County, Maryland, 35.2% have a bachelor’s degree or higher, which compares with 32.9% in the nation.
The average worker in Talbot County, Maryland, earned annual wages of $43,660 as of 2019Q4. For comparison purposes, annual average wages were $57,413 in the nation as of 2019Q4.
The largest major occupation group in Talbot County, Maryland, is Office and Administrative Support Occupations, employing 2,956 workers. The next-largest occupation groups in the region are Food Preparation and Serving Related Occupations (2,262 workers) and Sales and Related Occupations (2,193). High location quotients (LQs) indicate occupation groups in which a region has high concentrations of employment compared to the national average. The major groups with the largest LQs in the region are Building and Grounds Cleaning and Maintenance Occupations (LQ = 1.51), Healthcare Practitioners and Technical Occupations (1.36), and Healthcare Support Occupations (1.33).
"The recent expansions at our Maryland facility position Aphena to support significant future growth. We are committed to investing aggressively as needed to ensure that Aphena remains an industry leader in terms of innovation and turnaround time."
—Shawn Reilley, Aphena CEO
Occupation groups in Talbot County, Maryland, with the highest average wages per worker, are Management Occupations ($101,300), Computer and Mathematical Occupations ($85,600), and Healthcare Practitioners and Technical Occupations ($83,800). The unemployment rate in the region varied among the major groups from 1.3% among Legal Occupations to 7.2% among Farming, Fishing, and Forestry Occupations.
Over the next year, the fastest growing occupation group in Talbot County, Maryland, is expected to be Healthcare Support Occupations with a +1.1% year-over-year rate of growth. The strongest forecast by the number of jobs over this period is expected for Healthcare Support Occupations (+8 jobs) and Personal Care and Service Occupations (+5). Over the same period, the highest separation demand (occupation demand due to retirements and workers moving from one occupation to another) is expected in Food Preparation and Serving Related Occupations (386 jobs) and Office and Administrative Support Occupations (315).