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Economy in Fort Washington, Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyFort Washington, MDUnited States
Unemployment Rate6.80%9.10%
Recent Job Growth0.35%-0.12%
Future Job Growth33.90%31.25%
Sales Taxes6.00%6.80%
Income Taxes7.95%6.25%
Income per Cap.$42,678$27,067
Household Income$104,487$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K2.40%12.10%
Income between 15K and 25K2.42%10.18%
Income between 25K and 35K2.69%10.56%
Income between 35K and 50K6.70%14.98%
Income between 50K and 75K14.34%19.53%
Income between 75K and 100K18.39%12.52%
Income between 100K and 150K28.53%12.14%
Income between 150K and 250K15.50%3.91%
Income between 250K and 500K8.28%3.34%
Income greater than 500K0.75%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations18.90%13.81%
Professional and Related Occupations26.69%22.68%
Service12.92%14.51%
Sales and Office23.37%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance6.52%9.37%
Production, Transportation, and Material Moving10.37%15.86%
Median Household Income

The unemployment rate in Fort Washington, MD, is 6.80%, with job growth of 0.35%. Future job growth over the next ten years is predicted to be 33.90%.

Fort Washington, MD Taxes

Fort Washington, MD,sales tax rate is 6.00%. Income tax is 7.95%.

Fort Washington, MD Income and Salaries

The income per capita is $42,678, which includes all adults and children. The median household income is $104,487.


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