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Economy in Chevy Chase, Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyChevy Chase, MDUnited States
Unemployment Rate5.00%9.10%
Recent Job Growth1.47%-0.12%
Future Job Growth37.94%31.25%
Sales Taxes6.00%6.80%
Income Taxes7.95%6.25%
Income per Cap.$90,480$27,067
Household Income$252,195$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K1.97%12.10%
Income between 15K and 25K0.49%10.18%
Income between 25K and 35K0.89%10.56%
Income between 35K and 50K3.25%14.98%
Income between 50K and 75K4.83%19.53%
Income between 75K and 100K4.64%12.52%
Income between 100K and 150K16.08%12.14%
Income between 150K and 250K10.36%3.91%
Income between 250K and 500K42.31%3.34%
Income greater than 500K15.19%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations26.70%13.81%
Professional and Related Occupations54.26%22.68%
Service5.61%14.51%
Sales and Office9.45%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance1.35%9.37%
Production, Transportation, and Material Moving1.63%15.86%
Median Household Income

The unemployment rate in Chevy Chase, MD, is 5.00%, with job growth of 1.47%. Future job growth over the next ten years is predicted to be 37.94%.

Chevy Chase, MD Taxes

Chevy Chase, MD,sales tax rate is 6.00%. Income tax is 7.95%.

Chevy Chase, MD Income and Salaries

The income per capita is $90,480, which includes all adults and children. The median household income is $252,195.


Chevy Chase Economy SperlingViews

City life with trees: Chevy Chase is great because it offers neighborhoods and parks and is only about 5 miles from the center of DC. While it looks like a quiet place, the pace of life is... (read more)It is DC: CC MD -- great schools, neighborhoods, highly community active -- the state and county does a great job on services. But the identity is to Wash, DC. This is a place... (read more)Chevy Chase: Overall an nice place to live if you don't mind bad traffic. Though Chevy Chase is a close-in suburb, traffic can make traveling short distances by car very taxing. ... (read more)Have an opinion about Chevy Chase? Leave a commentTo See All SperlingViews for Chevy Chase Click Here