How much do grocery stores make in Baltimore city? (2023 data)
There are 231 grocery stores in Baltimore city, Maryland. The average one runs 16.9 employees on $520,978 of annual payroll, which implies about $3,473,189 a year in revenue ($289,432/month) — and means a typical grocery store there can sustain roughly $8,683 a month in rent.
Source: US Census County Business Patterns 2023, NAICS 445110 ·
Baltimore city, Maryland
Figures marked measured come straight from Census.
Revenue applies a 15% labour-cost ratio and rent a 3% ceiling —
both stated so you can disagree and redo the maths.
Is this market growing?
Grocery stores in Baltimore city went from 265 in 2019 to 231 in 2023 (-12.8%).
Direction: shrinking — an official annual count, not an estimate.
Questions people ask
How many grocery stores are there in Baltimore city?
US Census County Business Patterns recorded 231 grocery stores with paid employees in Baltimore city, Maryland in 2023.
How much revenue does a grocery store in Baltimore city make?
About $3,473,189 a year, or $289,432 a month. That is derived from $520,978 of average annual payroll and a 15% labour-cost ratio typical of this industry — it is an informed benchmark, not measured revenue.
How much rent can a grocery store in Baltimore city afford?
Around $8,683 a month. Industry practice keeps rent at or below 3% of revenue for this business type; above about 15% the failure rate climbs sharply.
How many people does a grocery store in Baltimore city employ?
16.9 on average, across 3,897 people employed by grocery stores in the county.
Is the grocery store market in Baltimore city growing?
Grocery stores in Baltimore city went from 265 in 2019 to 231 in 2023 (-12.8%).