Economy in Milford Mill, 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. | $25,282 | $27,067 |
| Household Income | $53,036 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 8.27% | 12.10% |
| Income between 15K and 25K | 7.19% | 10.18% |
| Income between 25K and 35K | 11.81% | 10.56% |
| Income between 35K and 50K | 19.81% | 14.98% |
| Income between 50K and 75K | 22.99% | 19.53% |
| Income between 75K and 100K | 14.00% | 12.52% |
| Income between 100K and 150K | 12.63% | 12.14% |
| Income between 150K and 250K | 1.75% | 3.91% |
| Income between 250K and 500K | 1.31% | 3.34% |
| Income greater than 500K | 0.24% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.78% | 13.81% |
| Professional and Related Occupations | 27.29% | 22.68% |
| Service | 16.67% | 14.51% |
| Sales and Office | 28.07% | 25.22% |
| Farming, Fishing, and Forestry | 0.08% | 0.68% |
| Construction, Extraction, and Maintenance | 6.19% | 9.37% |
| Production, Transportation, and Material Moving | 11.45% | 15.86% |
The unemployment rate in Milford Mill, MD, is 7.60%, with job growth of 0.07%. Future job growth over the next ten years is predicted to be 32.54%.
Milford Mill, MD Taxes
Milford Mill, MD,sales tax rate is 11.00%. Income tax is 7.58%.
Milford Mill, MD Income and Salaries
The income per capita is $25,282, which includes all adults and children. The median household income is $53,036.
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