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Economy in Kensington, Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyKensington, MDUnited States
Unemployment Rate5.00%9.10%
Recent Job Growth1.47%-0.12%
Future Job Growth37.94%31.25%
Sales Taxes6.00%6.80%
Income Taxes7.95%6.25%
Income per Cap.$55,258$27,067
Household Income$113,068$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.22%12.10%
Income between 15K and 25K4.48%10.18%
Income between 25K and 35K2.77%10.56%
Income between 35K and 50K7.91%14.98%
Income between 50K and 75K15.81%19.53%
Income between 75K and 100K10.41%12.52%
Income between 100K and 150K17.39%12.14%
Income between 150K and 250K16.07%3.91%
Income between 250K and 500K18.58%3.34%
Income greater than 500K2.37%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations21.00%13.81%
Professional and Related Occupations36.17%22.68%
Service14.86%14.51%
Sales and Office21.00%25.22%
Farming, Fishing, and Forestry0.10%0.68%
Construction, Extraction, and Maintenance3.69%9.37%
Production, Transportation, and Material Moving2.66%15.86%
Median Household Income

The unemployment rate in Kensington, MD, is 5.00%, with job growth of 1.47%. Future job growth over the next ten years is predicted to be 37.94%.

Kensington, MD Taxes

Kensington, MD,sales tax rate is 6.00%. Income tax is 7.95%.

Kensington, MD Income and Salaries

The income per capita is $55,258, which includes all adults and children. The median household income is $113,068.


Kensington Economy SperlingViews

Kensington is lovely place to live: I have lived in Kensington for the last couple of years. This place is great-virtually no crime, close to DC, shops and parks, excellent schools, metro and commuter... (read more)comment: too expensive, but great... (read more)Have an opinion about Kensington? Leave a commentTo See All SperlingViews for Kensington Click Here