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Economy in Germantown, Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyGermantown, MDUnited States
Unemployment Rate5.00%9.10%
Recent Job Growth1.47%-0.12%
Future Job Growth37.94%31.25%
Sales Taxes6.00%6.80%
Income Taxes7.95%6.25%
Income per Cap.$36,193$27,067
Household Income$82,823$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K2.97%12.10%
Income between 15K and 25K3.43%10.18%
Income between 25K and 35K5.59%10.56%
Income between 35K and 50K10.77%14.98%
Income between 50K and 75K20.77%19.53%
Income between 75K and 100K20.69%12.52%
Income between 100K and 150K22.35%12.14%
Income between 150K and 250K9.05%3.91%
Income between 250K and 500K3.96%3.34%
Income greater than 500K0.41%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations19.42%13.81%
Professional and Related Occupations30.97%22.68%
Service13.41%14.51%
Sales and Office24.18%25.22%
Farming, Fishing, and Forestry0.07%0.68%
Construction, Extraction, and Maintenance5.95%9.37%
Production, Transportation, and Material Moving7.94%15.86%
Median Household Income

The unemployment rate in Germantown, MD, is 5.00%, with job growth of 1.47%. Future job growth over the next ten years is predicted to be 37.94%.

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 $36,193, which includes all adults and children. The median household income is $82,823.


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