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2024 Compare Cities Economy:
Hoboken, NJ vs Silver Spring, MD

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Highlights
- Household income in Silver Spring, is 43% less than it is in Hoboken and is 25% above the National Average.
- Hoboken unemployment rate is 4.2%.
- Silver Spring unemployment rate is 5.7%.

Economy
 Hoboken, NJSilver Spring, MDUnited States
 Unemployment Rate4.2%5.7%6.0%
 Recent Job Growth-0.5%0.8%1.6%
 Future Job Growth30.0%31.0%33.5%
 Sales Taxes6.6%6.0%6.2%
 Income Taxes5.5%8.0%4.6%
 Income per Cap.$97,083$49,261$37,638
 Household Income$160,890$91,970$69,021
 Family Median Income$210,773$107,455$85,028
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 Est. Households By Income
 Hoboken, NJSilver Spring, MDUnited States
 Income Less Than 15K5.0%4.7%9.4%
 Income between 15K and 20K2.7%2.1%3.8%
 Income between 20K and 30K3.6%6.3%8.1%
 Income between 30K and 40K2.8%7.0%8.0%
 Income between 40K and 50K3.0%7.1%7.6%
 Income between 50K and 60K2.6%6.1%7.2%
 Income between 60K and 75K3.7%9.0%9.6%
 Income between 75K and 100K7.9%12.1%12.8%
 Income between 100K and 150K15.3%18.8%16.3%
 Income between 150K and 200K15.2%11.5%7.8%
 Income greater than 200K38.1%15.5%9.5%
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 Population By Occupation
 Hoboken, NJSilver Spring, MDUnited States
 Management, business, finance42.9%20.2%16.4%
 Engineering, computers, science10.7%15.1%6.5%
 Community, social services0.5%1.8%1.8%
 Legal3.8%3.7%1.2%
 Education, library4.2%8.4%6.2%
 Arts, design, media, sports, entertainment4.2%4.3%2.0%
 Healthcare practitioners and technology5.4%3.7%6.2%
 Healthcare support0.7%2.4%3.3%
 Firefighters, law enforcement0.9%1.0%2.1%
 Food preparation, serving1.7%4.1%5.4%
 Building maintenance0.5%3.9%3.6%
 Personal care1.5%4.5%2.6%
 Sales, office, administrative support19.6%13.4%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair0.6%6.9%8.1%
 Production, transportation, material moving2.8%6.6%13.1%

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Reviews for Hoboken    8 Reviews

Over 10 years ago

Great place to  More

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Over 13 years ago

Hoboken is one of those places that is still overlooked. With Brooklyn blowing up,why not live essentially the same subway-trip from Manhattan without paying city tax,  More

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Over 13 years ago

My kind of  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 HOBOKEN, NEW JERSEY
07030
ZIPS IN SILVER SPRING, MARYLAND
20910 20901 20903

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