Economy in Garrison, Maryland
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Economy
| Unemployment Rate | 7.60% | 9.10% |
| Recent Job Growth | 0.07% | -0.12% |
| Future Job Growth | 32.54% | 31.25% |
| Sales Taxes | 11.00% | 6.80% |
| Income Taxes | 7.58% | 6.25% |
| Income per Cap. | $44,601 | $27,067 |
| Household Income | $69,706 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.80% | 12.10% |
| Income between 15K and 25K | 6.62% | 10.18% |
| Income between 25K and 35K | 6.01% | 10.56% |
| Income between 35K and 50K | 14.79% | 14.98% |
| Income between 50K and 75K | 19.95% | 19.53% |
| Income between 75K and 100K | 14.26% | 12.52% |
| Income between 100K and 150K | 15.84% | 12.14% |
| Income between 150K and 250K | 5.19% | 3.91% |
| Income between 250K and 500K | 8.01% | 3.34% |
| Income greater than 500K | 2.53% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 23.40% | 13.81% |
| Professional and Related Occupations | 31.39% | 22.68% |
| Service | 10.60% | 14.51% |
| Sales and Office | 27.11% | 25.22% |
| Farming, Fishing, and Forestry | 0.19% | 0.68% |
| Construction, Extraction, and Maintenance | 2.57% | 9.37% |
| Production, Transportation, and Material Moving | 6.72% | 15.86% |
The unemployment rate in Garrison, MD, is 7.60%, with job growth of 0.07%. Future job growth over the next ten years is predicted to be 32.54%.
Garrison, MD Taxes
Garrison, MD,sales tax rate is 11.00%. Income tax is 7.58%.
Garrison, MD Income and Salaries
The income per capita is $44,601, which includes all adults and children. The median household income is $69,706.
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