Economy in Ballenger Creek, Maryland
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Economy
| Unemployment Rate | 6.30% | 9.10% |
| Recent Job Growth | 1.50% | -0.12% |
| Future Job Growth | 36.70% | 31.25% |
| Sales Taxes | 11.00% | 6.80% |
| Income Taxes | 7.71% | 6.25% |
| Income per Cap. | $33,882 | $27,067 |
| Household Income | $75,326 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 4.20% | 12.10% |
| Income between 15K and 25K | 5.49% | 10.18% |
| Income between 25K and 35K | 5.27% | 10.56% |
| Income between 35K and 50K | 11.06% | 14.98% |
| Income between 50K and 75K | 23.86% | 19.53% |
| Income between 75K and 100K | 20.16% | 12.52% |
| Income between 100K and 150K | 18.80% | 12.14% |
| Income between 150K and 250K | 6.47% | 3.91% |
| Income between 250K and 500K | 4.09% | 3.34% |
| Income greater than 500K | 0.59% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 20.84% | 13.81% |
| Professional and Related Occupations | 25.73% | 22.68% |
| Service | 12.13% | 14.51% |
| Sales and Office | 25.96% | 25.22% |
| Farming, Fishing, and Forestry | 0.05% | 0.68% |
| Construction, Extraction, and Maintenance | 8.72% | 9.37% |
| Production, Transportation, and Material Moving | 9.06% | 15.86% |
The unemployment rate in Ballenger Creek, MD, is 6.30%, with job growth of 1.50%. Future job growth over the next ten years is predicted to be 36.70%.
Ballenger Creek, MD Taxes
Ballenger Creek, MD,sales tax rate is 11.00%. Income tax is 7.71%.
Ballenger Creek, MD Income and Salaries
The income per capita is $33,882, which includes all adults and children. The median household income is $75,326.
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