Did You Know?
BLUE
RIBBON SCHOOLS
Worcester County’s Public Schools have been awarded the National Blue Ribbon School Award by the U.S. Department of Education.
175
Acres
Pocomoke Industrial Park is the largest manufacturing hub in Worcester County.
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Above
Average
Income
Worcester County’s average household income ranks higher than the U.S. average household income.
3 Institutions
of Higher Learning
within 20 miles of Worcester County, including 2 University System of Maryland institutions.
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8
Million
visitors pass through the Route 50 Corridor each year.
Major
Tax Credits Available
One Maryland, Enterprise Zone, Job Creation, R&D, More Jobs for Marylander’s Act Tier 1 Designation.
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Three
Enterprise Zones
3 municipalities are designated as Enterprise Zones for real property tax, income tax, and job creation tax credits.
Worcester County is a federally designated SBA HUBZone allowing businesses an advantage in contracting with the U.S. government.
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Worcester County, Maryland Means Business
Worcester County, Maryland’s only seaside community, is a dynamic, pro-business marketplace that abounds with new opportunities. Strategically located in the heart of the Delmarva Peninsula, our communities offer a superb family friendly lifestyle, outstanding school system, and ready access to major metropolitan markets, including Washington D.C., Baltimore and Philadelphia. We pride ourselves on our low tax structure, an abundant workforce, and a transportation network of highways, rail and airports to serve your business needs.
Close to Major Markets
Close to major highways Rt. 50, Rt. 13, and Rt. 113, Salisbury Regional Airport, Ocean City Municipal Airport, access to major waterways & rail systems.
Maryland Announces Selection of State’s New Opportunity Zones
The nominations of 149 Opportunity Zones across Maryland were announced today by the Maryland Department of Housing and Community Development and the Maryland Department of Commerce as part of the Opportunity Zone program, a nationwide initiative administered by the U.S. Treasury created under the 2017 Tax Cuts and Jobs Act. The program provides federal tax incentives for investment in distressed communities over the next 10 years.
The 2018 National Defense Authorization Act (NDAA) has been approved by both houses of Congress and was signed into law on December 12, 2017. It includes important changes to the HUBZone Program which represent the culmination of the HUBZone Council’s advocacy efforts in 2017.
The NDAA makes the following changes to the HUBZone Program:
Featured Real Estate
Fisher Family Partnership
|
Berlin, MD
Commercial Property
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N/A
|
Jefonico
|
Berlin, MD
Commercial Property
|
N/A
|
Sewell-Cropper
|
Berlin, MD
Commercial Property
|
$10,000,000
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