Location, quality of life and a pro-business environment are three of the reasons some 8,800 companies call Howard County home, creating more than 148,000 jobs. According to the Howard County Economic Development Authority, this county boasts almost 60 million square feet of office, industrial and flex space.
In Howard County, among the wealthiest in the nation with a median household income of $101,867, approximately one-third of the residents commute to Washington, about 20 miles south, while another one-third commute to Baltimore, just 10 miles north. Many local companies recruit workers from both metropolitan areas, which, combined, form the fourth-largest business market in the United States.
BRAC — or Base Realignment and Closure Commission — is an acronym for a U.S. Department of Defense commission, but locally you’ll hear it used to refer to planned growth at several state military bases, including nearby Fort George G. Meade.
In 2005, this federal commission decided to shift more than 7,500 Department of Defense jobs to Maryland military bases over a seven year period, including nearly 6,000 at Fort Meade in Anne Arundel County. Most of these workers will be in place by August 2011.
Additionally, the military plans to lease space to contractors on several installations, and officials expect additional National Security Agency positions will be added at Fort Meade because of its designation as a Cyber Command Center.
Howard County’s BRAC Task Force is projecting more than 22,000 new jobs will be added at Fort Meade over the next four years bringing the installation workforce to 63,000. It also predicts that Howard County will see an increase of 8,800 new jobholders by 2015.
The task force is charged with evaluating how this growth will impact all aspects of life in Howard County, from transportation to education.
You can find more information by visiting www.howardcountymd.gov and clicking on the “BRAC” link.
HOWARD COUNTY BUSINESS PROFILE
Private Businesses: 8,802
Howard County Economic Development Authority 410-313-6500 www.hceda.org
Howard County Chamber of Commerce
BRAC Business Initiative 410-313-6376 bbi.howardcountymd.gov
Baltimore Metropolitan Council
Source: Howard County Economic Development Authority