Economy in Mayo, Maryland
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Economy
| Unemployment Rate | 6.40% | 9.10% |
| Recent Job Growth | -0.14% | -0.12% |
| Future Job Growth | 33.32% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 7.31% | 6.25% |
| Income per Cap. | $48,310 | $27,067 |
| Household Income | $100,237 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.56% | 12.10% |
| Income between 15K and 25K | 2.27% | 10.18% |
| Income between 25K and 35K | 1.68% | 10.56% |
| Income between 35K and 50K | 6.44% | 14.98% |
| Income between 50K and 75K | 22.90% | 19.53% |
| Income between 75K and 100K | 14.26% | 12.52% |
| Income between 100K and 150K | 28.82% | 12.14% |
| Income between 150K and 250K | 7.75% | 3.91% |
| Income between 250K and 500K | 10.97% | 3.34% |
| Income greater than 500K | 2.34% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 21.22% | 13.81% |
| Professional and Related Occupations | 22.60% | 22.68% |
| Service | 9.28% | 14.51% |
| Sales and Office | 25.68% | 25.22% |
| Farming, Fishing, and Forestry | 0.90% | 0.68% |
| Construction, Extraction, and Maintenance | 15.07% | 9.37% |
| Production, Transportation, and Material Moving | 13.95% | 15.86% |
The unemployment rate in Mayo, MD, is 6.40%, with job growth of -0.14%. Future job growth over the next ten years is predicted to be 33.32%.
Mayo, MD Taxes
Mayo, MD,sales tax rate is 6.00%. Income tax is 7.31%.
Mayo, MD Income and Salaries
The income per capita is $48,310, which includes all adults and children. The median household income is $100,237.
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