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2024 Compare Cities Economy:
Charlottesville, VA vs Silver Spring, MD

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Highlights
- Household income in Silver Spring, is 45% more than it is in Charlottesville and is 25% above the National Average.
- Charlottesville unemployment rate is 4.7%.
- Silver Spring unemployment rate is 5.7%.

Economy
 Charlottesville, VASilver Spring, MDUnited States
 Unemployment Rate4.7%5.7%6.0%
 Recent Job Growth3.7%0.8%1.6%
 Future Job Growth42.7%31.0%33.5%
 Sales Taxes5.3%6.0%6.2%
 Income Taxes5.8%8.0%4.6%
 Income per Cap.$42,474$49,261$37,638
 Household Income$63,470$91,970$69,021
 Family Median Income$96,794$107,455$85,028
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 Est. Households By Income
 Charlottesville, VASilver Spring, MDUnited States
 Income Less Than 15K15.0%4.7%9.4%
 Income between 15K and 20K4.4%2.1%3.8%
 Income between 20K and 30K6.9%6.3%8.1%
 Income between 30K and 40K8.2%7.0%8.0%
 Income between 40K and 50K7.0%7.1%7.6%
 Income between 50K and 60K6.6%6.1%7.2%
 Income between 60K and 75K7.2%9.0%9.6%
 Income between 75K and 100K11.2%12.1%12.8%
 Income between 100K and 150K14.6%18.8%16.3%
 Income between 150K and 200K7.3%11.5%7.8%
 Income greater than 200K11.6%15.5%9.5%
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 Population By Occupation
 Charlottesville, VASilver Spring, MDUnited States
 Management, business, finance16.9%20.2%16.4%
 Engineering, computers, science10.7%15.1%6.5%
 Community, social services2.5%1.8%1.8%
 Legal1.8%3.7%1.2%
 Education, library14.8%8.4%6.2%
 Arts, design, media, sports, entertainment3.7%4.3%2.0%
 Healthcare practitioners and technology7.3%3.7%6.2%
 Healthcare support1.4%2.4%3.3%
 Firefighters, law enforcement1.0%1.0%2.1%
 Food preparation, serving7.6%4.1%5.4%
 Building maintenance4.2%3.9%3.6%
 Personal care2.8%4.5%2.6%
 Sales, office, administrative support14.4%13.4%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair3.8%6.9%8.1%
 Production, transportation, material moving7.2%6.6%13.1%

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Reviews for Charlottesville    44 Reviews

Over 3 years ago

I have lived in Charlottesville, Albemarle County for 25 years. It USED to be a decent place but in the past 10 years has gone downhill. Rent is TOO high, landlords are  More

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Over 3 years ago

Loved here for 7 years, lots of parks and close proximity to Shenandoah, but that’s where the positives end. High cost of living with extreme income inequality,  More

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Over 3 years ago

Charlottesville resident for 7 years. Plenty of parks, the Rivanna River and trail, and a short drive to Shenandoah National Park means plenty of opportunities for  More

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Reviews for Silver Spring    18 Reviews

Growing up in Silver Spring, my family and I have been residents for the better part of 25 years. Although some of the development has been great (Discovery Channel, new  More

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What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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ZIPS IN CHARLOTTESVILLE, VIRGINIA
22903 22901 22902
ZIPS IN SILVER SPRING, MARYLAND
20910 20901 20903

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