Economy in Frederick, Maryland
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Economy
| Unemployment Rate | 6.80% | 9.10% |
| Recent Job Growth | 1.62% | -0.12% |
| Future Job Growth | 36.44% | 31.25% |
| Sales Taxes | 11.00% | 6.80% |
| Income Taxes | 7.71% | 6.25% |
| Income per Cap. | $30,352 | $27,067 |
| Household Income | $61,252 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.21% | 12.10% |
| Income between 15K and 25K | 8.23% | 10.18% |
| Income between 25K and 35K | 9.12% | 10.56% |
| Income between 35K and 50K | 15.04% | 14.98% |
| Income between 50K and 75K | 22.51% | 19.53% |
| Income between 75K and 100K | 15.81% | 12.52% |
| Income between 100K and 150K | 14.76% | 12.14% |
| Income between 150K and 250K | 4.45% | 3.91% |
| Income between 250K and 500K | 2.46% | 3.34% |
| Income greater than 500K | 0.40% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 15.95% | 13.81% |
| Professional and Related Occupations | 28.73% | 22.68% |
| Service | 13.90% | 14.51% |
| Sales and Office | 26.94% | 25.22% |
| Farming, Fishing, and Forestry | 0.16% | 0.68% |
| Construction, Extraction, and Maintenance | 10.36% | 9.37% |
| Production, Transportation, and Material Moving | 11.07% | 15.86% |
The unemployment rate in Frederick, MD, is 6.80%, with job growth of 1.62%. Future job growth over the next ten years is predicted to be 36.44%.
Frederick, MD Taxes
Frederick, MD,sales tax rate is 11.00%. Income tax is 7.71%.
Frederick, MD Income and Salaries
The income per capita is $30,352, which includes all adults and children. The median household income is $61,252.
Frederick Economy SperlingViews
Recession: I know people in the country are suffering from the economy, but Frederick County, Maryland is doing well. Its great place to live in its growing even in this... (read more)Poor Infrastructure: Frederick has experienced massive growth in the past two decades. The result is overcrowded schools, inflated housing costs, and congested roads. There are very few... (read more)Climate: we moved here for the climate. the fall and spring are long and the winters in Summers mild. there's not too much snow and only hot for a few weeks during the... (read more)Have an opinion about Frederick? Leave a commentTo See All SperlingViews for Frederick Click Here
