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2024 Compare Cities Economy:
Silver Spring, MD vs Annapolis, MD

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Highlights
- Household income in Annapolis, is 0% more than it is in Silver Spring and is 25% above the National Average.
- Silver Spring unemployment rate is 5.7%.
- Annapolis unemployment rate is 5.4%.

Economy
 Silver Spring, MDAnnapolis, MDUnited States
 Unemployment Rate5.7%5.4%6.0%
 Recent Job Growth0.8%0.7%1.6%
 Future Job Growth31.0%31.4%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes8.0%7.3%4.6%
 Income per Cap.$49,261$52,106$37,638
 Household Income$91,970$92,026$69,021
 Family Median Income$107,455$113,666$85,028
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 Est. Households By Income
 Silver Spring, MDAnnapolis, MDUnited States
 Income Less Than 15K4.7%6.8%9.4%
 Income between 15K and 20K2.1%3.3%3.8%
 Income between 20K and 30K6.3%4.4%8.1%
 Income between 30K and 40K7.0%5.3%8.0%
 Income between 40K and 50K7.1%5.4%7.6%
 Income between 50K and 60K6.1%5.6%7.2%
 Income between 60K and 75K9.0%9.2%9.6%
 Income between 75K and 100K12.1%13.7%12.8%
 Income between 100K and 150K18.8%18.8%16.3%
 Income between 150K and 200K11.5%12.2%7.8%
 Income greater than 200K15.5%15.4%9.5%
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 Population By Occupation
 Silver Spring, MDAnnapolis, MDUnited States
 Management, business, finance20.2%23.1%16.4%
 Engineering, computers, science15.1%8.0%6.5%
 Community, social services1.8%1.6%1.8%
 Legal3.7%2.1%1.2%
 Education, library8.4%6.8%6.2%
 Arts, design, media, sports, entertainment4.3%4.4%2.0%
 Healthcare practitioners and technology3.7%4.3%6.2%
 Healthcare support2.4%1.5%3.3%
 Firefighters, law enforcement1.0%1.7%2.1%
 Food preparation, serving4.1%7.1%5.4%
 Building maintenance3.9%4.9%3.6%
 Personal care4.5%3.6%2.6%
 Sales, office, administrative support13.4%16.8%20.9%
 Farming, fishing, forestry0.1%0.1%0.6%
 Construction, extraction, maintenance/repair6.9%7.6%8.1%
 Production, transportation, material moving6.6%6.7%13.1%

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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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Reviews for Annapolis    31 Reviews

Annapolis has extremely charming areas (mostly old Annapolis neighborhood's)-- Those very old area near the water have Amazing charm. You can start with downtown West  More

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Well, I really would give living in Annapolis 3.5 stars. I moved here by myself several years ago. One of the highs of this place is that there are a lot of terrific  More

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When we were trying to decide where in the USA to relocate to, Annapolis had enough interest that it made our list. Ultimately, we found a different city that offered  More

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ZIPS IN SILVER SPRING, MARYLAND
20910 20901 20903
ZIPS IN ANNAPOLIS, MARYLAND
21401 21403

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