Economy in Germantown, Maryland
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Economy
| Unemployment Rate | 5.00% | 9.10% |
| Recent Job Growth | 1.47% | -0.12% |
| Future Job Growth | 37.94% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 7.95% | 6.25% |
| Income per Cap. | $36,193 | $27,067 |
| Household Income | $82,823 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.97% | 12.10% |
| Income between 15K and 25K | 3.43% | 10.18% |
| Income between 25K and 35K | 5.59% | 10.56% |
| Income between 35K and 50K | 10.77% | 14.98% |
| Income between 50K and 75K | 20.77% | 19.53% |
| Income between 75K and 100K | 20.69% | 12.52% |
| Income between 100K and 150K | 22.35% | 12.14% |
| Income between 150K and 250K | 9.05% | 3.91% |
| Income between 250K and 500K | 3.96% | 3.34% |
| Income greater than 500K | 0.41% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.42% | 13.81% |
| Professional and Related Occupations | 30.97% | 22.68% |
| Service | 13.41% | 14.51% |
| Sales and Office | 24.18% | 25.22% |
| Farming, Fishing, and Forestry | 0.07% | 0.68% |
| Construction, Extraction, and Maintenance | 5.95% | 9.37% |
| Production, Transportation, and Material Moving | 7.94% | 15.86% |
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