Economy in Elkton, Maryland
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Economy
| Unemployment Rate | 9.30% | 9.10% |
| Recent Job Growth | 0.52% | -0.12% |
| Future Job Growth | 31.74% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 7.55% | 6.25% |
| Income per Cap. | $23,552 | $27,067 |
| Household Income | $49,813 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.15% | 12.10% |
| Income between 15K and 25K | 11.36% | 10.18% |
| Income between 25K and 35K | 10.36% | 10.56% |
| Income between 35K and 50K | 17.18% | 14.98% |
| Income between 50K and 75K | 21.32% | 19.53% |
| Income between 75K and 100K | 13.45% | 12.52% |
| Income between 100K and 150K | 11.51% | 12.14% |
| Income between 150K and 250K | 2.46% | 3.91% |
| Income between 250K and 500K | 1.16% | 3.34% |
| Income greater than 500K | 0.04% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.37% | 13.81% |
| Professional and Related Occupations | 23.14% | 22.68% |
| Service | 14.91% | 14.51% |
| Sales and Office | 28.47% | 25.22% |
| Farming, Fishing, and Forestry | 0.16% | 0.68% |
| Construction, Extraction, and Maintenance | 9.21% | 9.37% |
| Production, Transportation, and Material Moving | 19.36% | 15.86% |
The unemployment rate in Elkton, MD, is 9.30%, with job growth of 0.52%. Future job growth over the next ten years is predicted to be 31.74%.
Elkton, MD Taxes
Elkton, MD,sales tax rate is 6.00%. Income tax is 7.55%.
Elkton, MD Income and Salaries
The income per capita is $23,552, which includes all adults and children. The median household income is $49,813.
Elkton Economy SperlingViews
Nice small community: Elkton is a small community located by the border of Delaware. It is only an hour from Baltimore,MD and Philadelphia, PA or a half hour from Wilmington, DE. It's... (read more)Have an opinion about Elkton? Leave a commentTo See All SperlingViews for Elkton Click Here
