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

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Highlights
- Household income in Silver Spring, is 2% less than it is in Towson and is 25% above the National Average.
- Towson unemployment rate is 6.0%.
- Silver Spring unemployment rate is 5.7%.

Economy
 Towson, MDSilver Spring, MDUnited States
 Unemployment Rate6.0%5.7%6.0%
 Recent Job Growth0.7%0.8%1.6%
 Future Job Growth30.1%31.0%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes7.6%8.0%4.6%
 Income per Cap.$52,444$49,261$37,638
 Household Income$93,435$91,970$69,021
 Family Median Income$141,266$107,455$85,028
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 Est. Households By Income
 Towson, MDSilver Spring, MDUnited States
 Income Less Than 15K9.9%4.7%9.4%
 Income between 15K and 20K2.7%2.1%3.8%
 Income between 20K and 30K5.2%6.3%8.1%
 Income between 30K and 40K5.0%7.0%8.0%
 Income between 40K and 50K4.0%7.1%7.6%
 Income between 50K and 60K5.2%6.1%7.2%
 Income between 60K and 75K9.5%9.0%9.6%
 Income between 75K and 100K11.1%12.1%12.8%
 Income between 100K and 150K17.1%18.8%16.3%
 Income between 150K and 200K12.1%11.5%7.8%
 Income greater than 200K18.3%15.5%9.5%
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 Population By Occupation
 Towson, MDSilver Spring, MDUnited States
 Management, business, finance21.0%20.2%16.4%
 Engineering, computers, science9.8%15.1%6.5%
 Community, social services2.6%1.8%1.8%
 Legal3.4%3.7%1.2%
 Education, library10.9%8.4%6.2%
 Arts, design, media, sports, entertainment4.2%4.3%2.0%
 Healthcare practitioners and technology9.5%3.7%6.2%
 Healthcare support2.0%2.4%3.3%
 Firefighters, law enforcement1.6%1.0%2.1%
 Food preparation, serving4.7%4.1%5.4%
 Building maintenance1.6%3.9%3.6%
 Personal care3.5%4.5%2.6%
 Sales, office, administrative support18.2%13.4%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair3.0%6.9%8.1%
 Production, transportation, material moving3.9%6.6%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 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 TOWSON, MARYLAND
21204 21286 21252
ZIPS IN SILVER SPRING, MARYLAND
20910 20901 20903

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