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2024 Compare Cities Economy:
Towson, MD vs Salem, MA

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Highlights
- Household income in Salem, is 22% less than it is in Towson and is 5% above the National Average.
- Towson unemployment rate is 6.0%.
- Salem unemployment rate is 7.1%.

Economy
 Towson, MDSalem, MAUnited States
 Unemployment Rate6.0%7.1%6.0%
 Recent Job Growth0.7%3.0%1.6%
 Future Job Growth30.1%36.3%33.5%
 Sales Taxes6.0%6.3%6.2%
 Income Taxes7.6%5.1%4.6%
 Income per Cap.$52,444$42,944$37,638
 Household Income$93,435$72,884$69,021
 Family Median Income$141,266$90,663$85,028
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 Est. Households By Income
 Towson, MDSalem, MAUnited States
 Income Less Than 15K9.9%10.6%9.4%
 Income between 15K and 20K2.7%6.0%3.8%
 Income between 20K and 30K5.2%7.9%8.1%
 Income between 30K and 40K5.0%6.4%8.0%
 Income between 40K and 50K4.0%5.4%7.6%
 Income between 50K and 60K5.2%5.6%7.2%
 Income between 60K and 75K9.5%10.4%9.6%
 Income between 75K and 100K11.1%11.1%12.8%
 Income between 100K and 150K17.1%17.6%16.3%
 Income between 150K and 200K12.1%9.0%7.8%
 Income greater than 200K18.3%10.1%9.5%
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 Population By Occupation
 Towson, MDSalem, MAUnited States
 Management, business, finance21.0%22.1%16.4%
 Engineering, computers, science9.8%5.4%6.5%
 Community, social services2.6%2.6%1.8%
 Legal3.4%1.1%1.2%
 Education, library10.9%8.1%6.2%
 Arts, design, media, sports, entertainment4.2%2.3%2.0%
 Healthcare practitioners and technology9.5%4.9%6.2%
 Healthcare support2.0%3.3%3.3%
 Firefighters, law enforcement1.6%2.0%2.1%
 Food preparation, serving4.7%5.3%5.4%
 Building maintenance1.6%3.9%3.6%
 Personal care3.5%3.3%2.6%
 Sales, office, administrative support18.2%22.9%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair3.0%4.6%8.1%
 Production, transportation, material moving3.9%8.0%13.1%

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Reviews for Towson    3 Reviews

Because Towson university is right here, and we're not too far from downtown Baltimore, there are many bus lines running in the area. The problem though is they rarely  More

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Crowded, crime on the rise , very expensive and tax  More

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My wife and I have lived in Towson for seven and a half years. It has many of the things we want in a community but it is not our dream place to live. We would like a  More

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Reviews for Salem    4 Reviews

I've been in Salem, Massachusetts for a year now because it brought me up here for my husband's job. Salem may be a great place to visit during Halloween but other  More

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Over 11 years ago

My husband and I move to Salem, MA from Long Island NY five years ago and we love it! We kept on visiting for Halloween and we just decided to move here for the hell of  More

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Over 17 years ago

We are family friendly, albeit strange. We celebrate Halloween for a month. Check out the Haunted Happenings  More

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ZIPS IN TOWSON, MARYLAND
21204 21286 21252
ZIPS IN SALEM, MASSACHUSETTS
01970

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