Economy in Halfway, Maryland
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Economy
| Unemployment Rate | 9.90% | 9.10% |
| Recent Job Growth | 0.02% | -0.12% |
| Future Job Growth | 30.14% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 7.55% | 6.25% |
| Income per Cap. | $27,405 | $27,067 |
| Household Income | $52,724 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 9.09% | 12.10% |
| Income between 15K and 25K | 8.97% | 10.18% |
| Income between 25K and 35K | 12.24% | 10.56% |
| Income between 35K and 50K | 17.16% | 14.98% |
| Income between 50K and 75K | 22.94% | 19.53% |
| Income between 75K and 100K | 12.73% | 12.52% |
| Income between 100K and 150K | 12.35% | 12.14% |
| Income between 150K and 250K | 1.78% | 3.91% |
| Income between 250K and 500K | 2.52% | 3.34% |
| Income greater than 500K | 0.22% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.66% | 13.81% |
| Professional and Related Occupations | 15.58% | 22.68% |
| Service | 14.62% | 14.51% |
| Sales and Office | 28.39% | 25.22% |
| Farming, Fishing, and Forestry | 0.05% | 0.68% |
| Construction, Extraction, and Maintenance | 8.33% | 9.37% |
| Production, Transportation, and Material Moving | 16.17% | 15.86% |
The unemployment rate in Halfway, MD, is 9.90%, with job growth of 0.02%. Future job growth over the next ten years is predicted to be 30.14%.
Halfway, MD Taxes
Halfway, MD,sales tax rate is 6.00%. Income tax is 7.55%.
Halfway, MD Income and Salaries
The income per capita is $27,405, which includes all adults and children. The median household income is $52,724.
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