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Economy in Annapolis, Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyAnnapolis, MDUnited States
Unemployment Rate6.30%9.10%
Recent Job Growth0.27%-0.12%
Future Job Growth34.24%31.25%
Sales Taxes6.00%6.80%
Income Taxes7.31%6.25%
Income per Cap.$39,519$27,067
Household Income$67,592$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K10.04%12.10%
Income between 15K and 25K6.69%10.18%
Income between 25K and 35K9.29%10.56%
Income between 35K and 50K11.46%14.98%
Income between 50K and 75K18.06%19.53%
Income between 75K and 100K14.35%12.52%
Income between 100K and 150K16.07%12.14%
Income between 150K and 250K6.45%3.91%
Income between 250K and 500K6.16%3.34%
Income greater than 500K1.42%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations19.76%13.81%
Professional and Related Occupations30.54%22.68%
Service16.37%14.51%
Sales and Office24.67%25.22%
Farming, Fishing, and Forestry0.43%0.68%
Construction, Extraction, and Maintenance6.09%9.37%
Production, Transportation, and Material Moving7.66%15.86%
Median Household Income

The unemployment rate in Annapolis, MD, is 6.30%, with job growth of 0.27%. Future job growth over the next ten years is predicted to be 34.24%.

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 $39,519, which includes all adults and children. The median household income is $67,592.


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