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Economy in Columbia, Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyColumbia, MDUnited States
Unemployment Rate5.10%9.10%
Recent Job Growth0.12%-0.12%
Future Job Growth35.14%31.25%
Sales Taxes6.00%6.80%
Income Taxes7.95%6.25%
Income per Cap.$47,014$27,067
Household Income$95,302$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.63%12.10%
Income between 15K and 25K3.00%10.18%
Income between 25K and 35K4.65%10.56%
Income between 35K and 50K8.78%14.98%
Income between 50K and 75K15.75%19.53%
Income between 75K and 100K16.07%12.52%
Income between 100K and 150K23.34%12.14%
Income between 150K and 250K12.26%3.91%
Income between 250K and 500K10.05%3.34%
Income greater than 500K1.49%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations23.21%13.81%
Professional and Related Occupations43.26%22.68%
Service9.50%14.51%
Sales and Office20.60%25.22%
Farming, Fishing, and Forestry0.04%0.68%
Construction, Extraction, and Maintenance3.00%9.37%
Production, Transportation, and Material Moving4.83%15.86%
Median Household Income

The unemployment rate in Columbia, MD, is 5.10%, with job growth of 0.12%. Future job growth over the next ten years is predicted to be 35.14%.

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 $47,014, which includes all adults and children. The median household income is $95,302.


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