Maryland · NAICS 532 · Annual, 2025
Rental and Leasing Services in Maryland
Employment, establishments and average pay for NAICS 532 in Maryland, 2004–2025, from DTG's QCEW-based estimates.
In 2025, Rental and Leasing Services (NAICS 532) employed about 10,000 people in Maryland across roughly 962 establishments, with average annual pay of $71,030.
Employment in Rental and Leasing Services in Maryland grew 13.1% from 2020 to 2025. Employment fell 40.2% from 2004 to 2021 and has since recovered 29.6% of that loss. Quarterly values, full industry detail and projections to 2036 for Maryland are included with a free account. County-level detail is part of every paid plan, or one county free for seven days.
- 10,000Employment, 2025
- 962Establishments
- $71,030Avg. annual pay
- 0.4%Share of Maryland jobs
- 0.99Location quotient
Employment, 2004 to 2025
Annual average · all ownerships
Annual employment, 2004–2025: 2004 14,000; 2005 13,900; 2006 13,500; 2007 13,100; 2008 12,900; 2009 11,300; 2010 10,500; 2011 10,500; 2012 10,700; 2013 10,700; 2014 10,700; 2015 10,900; 2016 11,300; 2017 12,600; 2018 11,200; 2019 10,800; 2020 8,860; 2021 8,360; 2022 9,380; 2023 9,920; 2024 10,200; 2025 10,000.
Last ten years
Annual · 10 years
| Year | Employment | Estab. | Avg. annual pay | Change | Source |
|---|---|---|---|---|---|
| 2025 | 10,016 | 962 | $71,030 | 1.8% | pub. |
| 2024 | 10,203 | 992 | $67,476 | 2.8% | pub. |
| 2023 | 9,924 | 967 | $67,211 | 5.9% | pub. |
| 2022 | 9,375 | 967 | $65,856 | 12.2% | pub. |
| 2021 | 8,357 | 914 | $63,404 | 5.6% | pub. |
| 2020 | 8,857 | 927 | $59,094 | 18.3% | pub. |
| 2019 | 10,845 | 928 | $55,826 | 3.2% | pub. |
| 2018 | 11,205 | 964 | $54,072 | 11.1% | pub. |
| 2017 | 12,597 | 977 | $55,182 | 11.4% | pub. |
| 2016 | 11,309 | 986 | $51,474 | 4.1% | pub. |
† Not disclosed in QCEW; DTG estimate.
The full history from 2004 and quarterly values are available with a free account.
Where these numbers come from
Reading these figures
The figures on this page come from one named vintage, stated below, and are annual values for all ownerships combined. Where QCEW withheld a value, the marked figure is an estimate that DTG produced under the constraints of the published record; suppression is a property of QCEW, not of DTG, and a withheld value is marked rather than silently omitted. Two things DTG itself holds back, and says so where it does: an estimate that cannot be given a reliability score is not shown, and average pay is not shown where fewer than three jobs are reported. The row is marked withheld, with the reason in a note beneath the table. The mark is on every row that carries a value: the headline, the yearly history, the subsectors and the other states. An estimated value that rounds below one is shown as less than one, not as zero. Quarterly figures, county figures and projected years are in the app.
How this figure was built
Employment is the average of the three monthly counts in each quarter, averaged across the year, and establishments are averaged across the year the same way. Average annual pay is the year’s total wages divided by that average employment. Each of these is DTG’s value: QCEW’s published figure where QCEW disclosed it, and DTG’s estimate, marked, where it did not. How withheld values are estimated, and what the reliability score beside a figure means, are described on the industry data and disclosure and provenance pages.
Notes
Data Tactical Group is an independent company and is not affiliated with or endorsed by any federal agency.
Rental and Leasing Services in Maryland, quarterly, at full depth
This page shows annual figures for rental and leasing services in Maryland. A free account shows every detailed industry beneath it, quarterly, for every state, with projections to ten years. No card.
County figures, file export and the API are on paid plans.