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Economy in Annapolis, Maryland

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyAnnapolis, MDUnited States
Unemployment Rate5.80%8.60%
Recent Job Growth1.29%0.35%
Future Job Growth36.78%32.10%
Sales Taxes6.00%5.00%
Income Taxes7.31%4.70%
Income per Cap.$40,759$26,154
Household Income$70,253$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K8.77%12.37%
Income between 15K and 25K6.01%10.53%
Income between 25K and 35K8.91%10.88%
Income between 35K and 50K11.38%15.37%
Income between 50K and 75K18.04%20.14%
Income between 75K and 100K15.30%12.41%
Income between 100K and 150K17.54%11.27%
Income between 150K and 250K9.56%5.01%
Income between 250K and 500K4.14%1.86%
Income greater than 500K0.36%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations17.24%14.04%
Professional and Related Occupations26.34%20.61%
Service18.10%14.45%
Sales and Office25.12%26.75%
Farming, Fishing, and Forestry0.18%0.70%
Construction, Extraction, and Maintenance6.35%9.42%
Production, Transportation, and Material Moving6.67%14.05%


Median Household Income

The unemployment rate in Annapolis, MD, is 5.80%, with job growth of 1.29%. Future job growth over the next ten years is predicted to be 36.78%.

Annapolis, MD Taxes

Annapolis, MD,sales tax rate is 6.00%. Income tax is 7.31%.

Annapolis, MD Income and Salaries

The income per capita is $40,759, which includes all adults and children. The median household income is $70,253.


Annapolis Economy SperlingViews

Long Winter: Annapolis is a quaint small city on a lovely water privelaged area surrounded by rolling hills and bridges that frequently surprise you with a beeutiful view of the... (read more)Running and Cycling: If you are a runner or a cyclist, Annapolis and its surrounding areas (mostly to the South like Harwood, Edgewater, etc) offer very good choices to enjoy the... (read more)History Abounds: Annapolis is filled to the brim with the past. The historic section, the Naval Acadamy and the Chesapeake Bay all converge to produce a special place that draws tourists... (read more)Have an opinion about Annapolis? Leave a commentTo See All SperlingViews for Annapolis Click Here