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Economy in Columbia, Maryland

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyColumbia, MDUnited States
Unemployment Rate4.70%8.60%
Recent Job Growth1.47%0.35%
Future Job Growth38.24%32.10%
Sales Taxes6.00%5.00%
Income Taxes7.95%4.70%
Income per Cap.$42,990$26,154
Household Income$90,948$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.41%12.37%
Income between 15K and 25K3.04%10.53%
Income between 25K and 35K4.69%10.88%
Income between 35K and 50K9.17%15.37%
Income between 50K and 75K17.30%20.14%
Income between 75K and 100K17.01%12.41%
Income between 100K and 150K23.98%11.27%
Income between 150K and 250K14.70%5.01%
Income between 250K and 500K5.24%1.86%
Income greater than 500K0.45%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations21.91%14.04%
Professional and Related Occupations40.34%20.61%
Service9.11%14.45%
Sales and Office22.00%26.75%
Farming, Fishing, and Forestry0.04%0.70%
Construction, Extraction, and Maintenance3.09%9.42%
Production, Transportation, and Material Moving3.51%14.05%


Median Household Income

The unemployment rate in Columbia, MD, is 4.70%, with job growth of 1.47%. Future job growth over the next ten years is predicted to be 38.24%.

Columbia, MD Taxes

Columbia, MD,sales tax rate is 6.00%. Income tax is 7.95%.

Columbia, MD Income and Salaries

The income per capita is $42,990, which includes all adults and children. The median household income is $90,948.


Columbia Economy SperlingViews

Cultural Diversity: My husband and I are African American and have 3 children - 6,10 & 11. We really like Columbia for it's family friendly location, cultural diversity and low crime. Our... (read more)Columbia MD: Columbia MD is a wonderful community to live in. Howard County was ranked in the top 10 places to live in the US for the past two years. I highly recommend this... (read more)amazing schools!: we moved here for the highly regarded school system and we are not disappointed! We love our schools and can't imagine a better choice for our... (read more)Have an opinion about Columbia? Leave a commentTo See All SperlingViews for Columbia Click Here