FY 24 APPROVED BUDGET IN BRIEF

ThinkBig Networks entered into a partnership with Harford County in 2021 to provide broadband connectivity to northern Harford County.

Projected Growth

Source: Baltimore Metropolitan Council, 2020

Phase 1

PROJECTED POPULATION

Northern

Harford County

500k

RESIDENTIAL BROADBAND

250k

Total: 208,280

Total: 48,525

100

0

2030 2040 Harford County Population 2035

2020

2025

2045

2050

50

Source: Baltimore Metropolitan Council, 2020

PROJECTED HOUSEHOLDS

0

Rural

Urban

500k

3+ providers

0 providers

2 providers

1 provider

250k

Source: https://broadbandmap.fcc.gov/ PARAMETERS Technology: ADSL, Cable, Fiber, Fixed Wireless, Satellite, and Other Speed: ≥ 100/10 Mbps Date: June 2021

0

2020

2025

2030 2040 Harford County Households 2035

2045

2050

Source: Baltimore Metropolitan Council, 2020

PROJECTED EMPLOYMENT

More than 8,000 residents were without reliable internet in 2020.

500k

With internet (93.68%) Without internet (3.23%) Without a computer (3.09%)

250k

ThinkBig's work with the county will address that entire disparity.

0

2020

2025

2030 2040 Harford County Population 2035

2045

2050

Source: 2020 ACS 5-Year Estimates Table B28008

PROJECTED INCOME GROWTH

PROJECTED GDP GROWTH

Source: U.S. Census Bureau Assumes a 2.557% average increase based on data from 2010-2020

Source: Bureau of Economic Analysis Assumes a 2.5525% average increase based on data from 2001-2020

100k

10M

0

0

Average Household Income

Projected Average Household Income

Real GDP

Projected Real GDP

12