Economy in Lochearn, Maryland
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Economy
| Unemployment Rate | 7.60% | 9.10% |
| Recent Job Growth | 0.07% | -0.12% |
| Future Job Growth | 32.54% | 31.25% |
| Sales Taxes | 11.00% | 6.80% |
| Income Taxes | 7.58% | 6.25% |
| Income per Cap. | $27,476 | $27,067 |
| Household Income | $60,567 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.33% | 12.10% |
| Income between 15K and 25K | 7.78% | 10.18% |
| Income between 25K and 35K | 9.82% | 10.56% |
| Income between 35K and 50K | 14.88% | 14.98% |
| Income between 50K and 75K | 24.28% | 19.53% |
| Income between 75K and 100K | 16.15% | 12.52% |
| Income between 100K and 150K | 15.14% | 12.14% |
| Income between 150K and 250K | 3.39% | 3.91% |
| Income between 250K and 500K | 1.14% | 3.34% |
| Income greater than 500K | 0.09% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 12.24% | 13.81% |
| Professional and Related Occupations | 28.35% | 22.68% |
| Service | 14.79% | 14.51% |
| Sales and Office | 26.08% | 25.22% |
| Farming, Fishing, and Forestry | 0.04% | 0.68% |
| Construction, Extraction, and Maintenance | 7.50% | 9.37% |
| Production, Transportation, and Material Moving | 13.93% | 15.86% |
The unemployment rate in Lochearn, MD, is 7.60%, with job growth of 0.07%. Future job growth over the next ten years is predicted to be 32.54%.
Lochearn, MD Taxes
Lochearn, MD,sales tax rate is 11.00%. Income tax is 7.58%.
Lochearn, MD Income and Salaries
The income per capita is $27,476, which includes all adults and children. The median household income is $60,567.
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