Economy in Cloverly, Maryland
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Economy
| Unemployment Rate | 5.00% | 9.10% |
| Recent Job Growth | 1.47% | -0.12% |
| Future Job Growth | 37.94% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 7.95% | 6.25% |
| Income per Cap. | $43,382 | $27,067 |
| Household Income | $108,537 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.65% | 12.10% |
| Income between 15K and 25K | 2.10% | 10.18% |
| Income between 25K and 35K | 3.19% | 10.56% |
| Income between 35K and 50K | 6.07% | 14.98% |
| Income between 50K and 75K | 14.48% | 19.53% |
| Income between 75K and 100K | 17.13% | 12.52% |
| Income between 100K and 150K | 25.38% | 12.14% |
| Income between 150K and 250K | 13.86% | 3.91% |
| Income between 250K and 500K | 12.96% | 3.34% |
| Income greater than 500K | 2.18% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 22.57% | 13.81% |
| Professional and Related Occupations | 27.11% | 22.68% |
| Service | 12.31% | 14.51% |
| Sales and Office | 25.37% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 5.18% | 9.37% |
| Production, Transportation, and Material Moving | 6.96% | 15.86% |
The unemployment rate in Cloverly, MD, is 5.00%, with job growth of 1.47%. Future job growth over the next ten years is predicted to be 37.94%.
Cloverly, MD Taxes
Cloverly, MD,sales tax rate is 6.00%. Income tax is 7.95%.
Cloverly, MD Income and Salaries
The income per capita is $43,382, which includes all adults and children. The median household income is $108,537.
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