Economy in Germantown, Maryland
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| Unemployment Rate | 4.70% | 8.60% |
| Recent Job Growth | 0.42% | 0.35% |
| Future Job Growth | 36.14% | 32.10% |
| Sales Taxes | 6.00% | 5.00% |
| Income Taxes | 7.95% | 4.70% |
| Income per Cap. | $35,522 | $26,154 |
| Household Income | $85,541 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.74% | 12.37% |
| Income between 15K and 25K | 3.58% | 10.53% |
| Income between 25K and 35K | 5.01% | 10.88% |
| Income between 35K and 50K | 10.22% | 15.37% |
| Income between 50K and 75K | 18.97% | 20.14% |
| Income between 75K and 100K | 19.82% | 12.41% |
| Income between 100K and 150K | 23.88% | 11.27% |
| Income between 150K and 250K | 12.08% | 5.01% |
| Income between 250K and 500K | 3.40% | 1.86% |
| Income greater than 500K | 0.30% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 20.09% | 14.04% |
| Professional and Related Occupations | 32.91% | 20.61% |
| Service | 11.39% | 14.45% |
| Sales and Office | 25.59% | 26.75% |
| Farming, Fishing, and Forestry | 0.07% | 0.70% |
| Construction, Extraction, and Maintenance | 4.74% | 9.42% |
| Production, Transportation, and Material Moving | 5.21% | 14.05% |
The unemployment rate in Germantown, MD, is 4.70%, with job growth of 0.42%. Future job growth over the next ten years is predicted to be 36.14%.
Germantown, MD Taxes
Germantown, MD,sales tax rate is 6.00%. Income tax is 7.95%.
Germantown, MD Income and Salaries
The income per capita is $35,522, which includes all adults and children. The median household income is $85,541.
Germantown Economy SperlingViews
Best Area: The DC metro area is in my opinion is one of the finest places to live. The options for entertainment, education, dining, and outdoor recreation are second to... (read more)Germantown: I love... (read more)I miss Germantown!: I recently relocated to the midwest after living in Germantown for five years and I miss it. While it is not an especially lively place to live, it is certainly... (read more)Have an opinion about Germantown? Leave a commentTo See All SperlingViews for Germantown Click Here