Why Delmarva?

The Salisbury Metropolitan Statistical Area (MSA) is home to 415,726 people.  It is one of the fastest growing MSA’s in the United States.

Here are some important facts about our region: 

  • Population (Salisbury Metropolitan Statistical Area): 415,726[1]
  • Median Household Income: $61,283[2]
  • 10-year Population Growth Rate (2010-2020): 11%[3]
  • Average Daily Traffic Count – Route 13 North Side: 39,321[4]
  • Average Daily Traffic Count – Route 13 South Side: 31,361[5]  
  • Average Daily Traffic Count – Coastal Highway in Ocean City: 50,242[6]
  • Average Daily Traffic Count – Coastal Highway in Rehoboth Beach:  68,369[7]
  • Annual Visitors to Ocean City: 8 million per year[8]
  • Annual Visitors to Rehoboth/Delaware beaches: 9 million per year[9]
  • Universities: Salisbury University (8714 enrollment); University of Maryland Eastern Shore (4467 enrollment)
  • Airport: Salisbury-Ocean City Regional Airport (second largest in Maryland)
  • Regional Hospital: TidalHealth Regional Hospital (500,000 patients annually)
  • Salisbury is the fastest growing metropolitan area in Maryland.[10]
  • Salisbury was recently recognized as the seventh-fastest growing job market in the US.[11]
  • Salisbury was recently ranked second in the US among most desirable and affordable metros for relocation.[12]

[1] Salisbury, MD-DE Metro Area – Profile data – Census Reporter
[2] Salisbury, MD-DE Metro Area – Profile data – Census Reporter
[3] Salisbury, MD-DE MSA Situation & Outlook Report (proximityone.com)
[4] Wicomico.pdf (maryland.gov)
[5] Wicomico.pdf (maryland.gov)
[6] Worcester.pdf (maryland.gov)
[7] 2019SussexCounty.pdf (deldot.gov)
[8] Media | Ocean City, Maryland (ococean.com)
[9] Visitation_as_of_07.20.18.pdf (beach-fun.com)
[10] The Fastest Growing City in Each State – Page 5 – 24/7 Wall St.
[11] Salisbury ranked 7th in U.S. job growth (delmarvanow.com)
[12] America’s 20 Cheapest Cities Where Everyone Wants to Live Right Now – Page 5 – 24/7 Wall St.

Piraeus Realty Group is a commercial realty group based in Salisbury, Maryland.  For over 50 years, Piraeus Realty has developed and managed commercial properties on the Eastern Shore, with a focus on the Greater Salisbury, Ocean City, and Rehoboth Beach areas.  Piraeus Realty has grown steadily over five decades, and today owns and manages over 100 commercial locations throughout the area.

With its mild climate, beautiful landscapes, location between the ocean resorts and Chesapeake Bay, and close proximity to Washington, Baltimore, and Philadelphia, the Eastern Shore is a wonderful place with tremendous potential.  Piraeus Realty is committed to helping the Shore grow and thrive for decades to come.