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Economy in Germantown, Maryland

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

EconomyGermantown, MDUnited States
Unemployment Rate4.70%8.60%
Recent Job Growth0.42%0.35%
Future Job Growth36.14%32.10%
Sales Taxes6.00%5.00%
Income Taxes7.95%4.70%
Income per Cap.$35,522$26,154
Household Income$85,541$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K2.74%12.37%
Income between 15K and 25K3.58%10.53%
Income between 25K and 35K5.01%10.88%
Income between 35K and 50K10.22%15.37%
Income between 50K and 75K18.97%20.14%
Income between 75K and 100K19.82%12.41%
Income between 100K and 150K23.88%11.27%
Income between 150K and 250K12.08%5.01%
Income between 250K and 500K3.40%1.86%
Income greater than 500K0.30%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations20.09%14.04%
Professional and Related Occupations32.91%20.61%
Service11.39%14.45%
Sales and Office25.59%26.75%
Farming, Fishing, and Forestry0.07%0.70%
Construction, Extraction, and Maintenance4.74%9.42%
Production, Transportation, and Material Moving5.21%14.05%


Median Household Income

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