As of 2006, Maryland had an estimated population of 5.7 million and had a gross state product was US$257 billion. Agriculture, commercial fishing and aerospace are some of the major industries. Maryland is the headquarter to over 350 biotechnology firms such as the University System of Maryland, The Johns Hopkins University, Howard Hughes Medical Institute, Celera Genomics, Medimmune (recently purchased by AstraZeneca) and the National Institutes of Health. Some of the other major employers include Integral Systems, Hughes Network Systems, LLC and Government Employees Insurance Company (GEICO). Bank of America, Wachovia Bank, Allstate Insurance, State Farm Mutual Auto Insurance and Washington Mutual are some of the major financial institutions in Maryland. On an average, the values of home, rent and annual income are $315,400, $1,112 and $62,202 respectively.
