Economy in Cambridge, Maryland
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Economy
| Unemployment Rate | 10.90% | 9.10% |
| Recent Job Growth | 1.82% | -0.12% |
| Future Job Growth | 32.74% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 7.37% | 6.25% |
| Income per Cap. | $20,617 | $27,067 |
| Household Income | $33,520 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 23.55% | 12.10% |
| Income between 15K and 25K | 15.34% | 10.18% |
| Income between 25K and 35K | 13.24% | 10.56% |
| Income between 35K and 50K | 15.69% | 14.98% |
| Income between 50K and 75K | 15.49% | 19.53% |
| Income between 75K and 100K | 9.26% | 12.52% |
| Income between 100K and 150K | 4.89% | 12.14% |
| Income between 150K and 250K | 0.76% | 3.91% |
| Income between 250K and 500K | 1.59% | 3.34% |
| Income greater than 500K | 0.20% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 6.45% | 13.81% |
| Professional and Related Occupations | 21.45% | 22.68% |
| Service | 13.83% | 14.51% |
| Sales and Office | 21.56% | 25.22% |
| Farming, Fishing, and Forestry | 0.83% | 0.68% |
| Construction, Extraction, and Maintenance | 11.38% | 9.37% |
| Production, Transportation, and Material Moving | 21.56% | 15.86% |
The unemployment rate in Cambridge, MD, is 10.90%, with job growth of 1.82%. Future job growth over the next ten years is predicted to be 32.74%.
Cambridge, MD Taxes
Cambridge, MD,sales tax rate is 6.00%. Income tax is 7.37%.
Cambridge, MD Income and Salaries
The income per capita is $20,617, which includes all adults and children. The median household income is $33,520.
Cambridge Economy SperlingViews
What to expect here!: Cambridge, Maryland offers many places to own a second home or retirement location with utilities and infrastructure to support many new people. Cambridge is about... (read more)quiet life near water: Cambridge is an hour from the beach at Ocean City and two hours from DC and Baltimore. It's just over an hour from Annapolis and BWI airport. The outdoor scenery is... (read more)Nothing to do here!: Cambridge is great for a lot of speculation. We have LOADS of condos and townhomes going up BUT NO SHOPPING, JOBS, INFRASTRUCTURE, or UTILITIES TO SUPPORT THE INCOMING... (read more)Have an opinion about Cambridge? Leave a commentTo See All SperlingViews for Cambridge Click Here
