Western Charles Technology Corridor

Representing over 130 businesses operating in the technology, research and development, energetics sectors, and more, the Western Charles County Technology Corridor serves as a thriving hub of innovation. The Western Charles County Technology Corridor is home to the Naval Surface Warfare Center Indian Head, the Department of Navy’s only arsenal and leader in energetics. This corridor spans from Maryland Airport to Indian Head Highway via Maryland Route 210 and Bryans Road. Its strategic location within a 40-minute drive of key federal labs and military installations allows easy access to clients in Baltimore, Richmond, and Washington D.C.

By becoming part of this dynamic community, businesses can tap into a network of like-minded organizations and collaborate to push the boundaries of technology and ingenuity. Locating in the corridor offers businesses many significant advantages, including a strategic location, access to a skilled workforce, and lower business costs.


Talent

The Western Charles County Technology Corridor contains a highly skilled workforce, with a population of over 6,000 residents within its 7.67 square miles. The vast majority of this population (95.5%) is part of the workforce, with 76.8% of them over the age of 18. The largest age group in the area is between 25-44 years old. Notably, Maryland has one of the highest percentages of engineers and doctoral scientists in the United States. Within the corridor, 33% of the population holds an associate’s degree or higher. Additionally, the region benefits from Charles County's 5,000 DoD civilian employees and access to approximately 570,000 skilled professionals available for hire.


Lower Cost of Business

The Western Charles County Technology Corridor offers a lower cost of doing business compared to the DC Metro area. Lease rates in Charles County are 34% lower than in DC Metro, providing businesses with significant cost savings on office space and facilities.

Fast Facts

7.67
The Western Charles County Technology Corridor covers an area of 7.67 square miles.

0.31%
The total population in 2010 was 5,377, and in 2020 it was 6,131, with an estimated annual growth rate of 0.31% between 2022 and 2027.

$100,043
The median household income is expected to increase from $84,872 in 2022 to $100,043 by 2027.

48.5%
In 2022, the percentage of households with income over $100,000 is projected to be 48.5%.

0.48%
The projected growth rate for households from 2022-2027 is 0.48%.

 

 

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