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Economy in Lake Shore, Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyLake Shore, 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.$39,159$27,067
Household Income$91,995$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.17%12.10%
Income between 15K and 25K3.26%10.18%
Income between 25K and 35K3.74%10.56%
Income between 35K and 50K7.21%14.98%
Income between 50K and 75K18.09%19.53%
Income between 75K and 100K21.21%12.52%
Income between 100K and 150K25.65%12.14%
Income between 150K and 250K9.96%3.91%
Income between 250K and 500K6.79%3.34%
Income greater than 500K0.92%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations17.90%13.81%
Professional and Related Occupations21.29%22.68%
Service13.19%14.51%
Sales and Office27.22%25.22%
Farming, Fishing, and Forestry0.42%0.68%
Construction, Extraction, and Maintenance14.11%9.37%
Production, Transportation, and Material Moving15.58%15.86%
Median Household Income

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

Lake Shore, MD Taxes

Lake Shore, MD,sales tax rate is 6.00%. Income tax is 7.31%.

Lake Shore, MD Income and Salaries

The income per capita is $39,159, which includes all adults and children. The median household income is $91,995.


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