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Economy in Hagerstown, Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyHagerstown, MDUnited States
Unemployment Rate10.60%9.10%
Recent Job Growth0.95%-0.12%
Future Job Growth31.30%31.25%
Sales Taxes6.00%6.80%
Income Taxes7.55%6.25%
Income per Cap.$21,267$27,067
Household Income$38,431$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K19.23%12.10%
Income between 15K and 25K13.68%10.18%
Income between 25K and 35K13.02%10.56%
Income between 35K and 50K17.78%14.98%
Income between 50K and 75K18.78%19.53%
Income between 75K and 100K9.61%12.52%
Income between 100K and 150K5.57%12.14%
Income between 150K and 250K1.19%3.91%
Income between 250K and 500K0.94%3.34%
Income greater than 500K0.20%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.76%13.81%
Professional and Related Occupations17.55%22.68%
Service16.75%14.51%
Sales and Office28.42%25.22%
Farming, Fishing, and Forestry0.11%0.68%
Construction, Extraction, and Maintenance11.57%9.37%
Production, Transportation, and Material Moving18.36%15.86%
Median Household Income

The unemployment rate in Hagerstown, MD, is 10.60%, with job growth of 0.95%. Future job growth over the next ten years is predicted to be 31.30%.

Hagerstown, MD Taxes

Hagerstown, MD,sales tax rate is 6.00%. Income tax is 7.55%.

Hagerstown, MD Income and Salaries

The income per capita is $21,267, which includes all adults and children. The median household income is $38,431.


Hagerstown Economy SperlingViews

The ups and downs of Hagerstown...: Hagerstown definitely has its ups and downs and not a lot in between. My husband and I moved there with our 3 children a couple of years ago. On the upside, it IS a lot... (read more)mistake: on your home page you have Martinsburg listed in Maryland, Martinsburg is in West... (read more)Nice place: I spent several months in Hagerstown and thoroughly enjoyed it. The area is flat and rolling and a senic mountain rises in the east. I used to love driving around the... (read more)Have an opinion about Hagerstown? Leave a commentTo See All SperlingViews for Hagerstown Click Here