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Economy in Jessup, Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyJessup, MDUnited States
Unemployment Rate6.40%9.10%
Recent Job Growth-0.14%-0.12%
Future Job Growth33.32%31.25%
Sales Taxes6.00%6.80%
Income Taxes7.31%6.25%
Income per Cap.$20,415$27,067
Household Income$70,101$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K11.83%12.10%
Income between 15K and 25K4.17%10.18%
Income between 25K and 35K5.17%10.56%
Income between 35K and 50K14.50%14.98%
Income between 50K and 75K18.00%19.53%
Income between 75K and 100K24.67%12.52%
Income between 100K and 150K12.83%12.14%
Income between 150K and 250K6.00%3.91%
Income between 250K and 500K2.83%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations2.37%13.81%
Professional and Related Occupations4.82%22.68%
Service2.95%14.51%
Sales and Office5.83%25.22%
Farming, Fishing, and Forestry0.03%0.68%
Construction, Extraction, and Maintenance2.82%9.37%
Production, Transportation, and Material Moving4.27%15.86%
Median Household Income

The unemployment rate in Jessup, MD, is 6.40%, with job growth of -0.14%. Future job growth over the next ten years is predicted to be 33.32%.

Jessup, MD Taxes

Jessup, MD,sales tax rate is 6.00%. Income tax is 7.31%.

Jessup, MD Income and Salaries

The income per capita is $20,415, which includes all adults and children. The median household income is $70,101.


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