Economy in Oakland, Maryland
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Economy
| Unemployment Rate | 8.00% | 9.10% |
| Recent Job Growth | 0.84% | -0.12% |
| Future Job Growth | 33.68% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 7.40% | 6.25% |
| Income per Cap. | $22,098 | $27,067 |
| Household Income | $31,952 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 20.21% | 12.10% |
| Income between 15K and 25K | 19.16% | 10.18% |
| Income between 25K and 35K | 15.09% | 10.56% |
| Income between 35K and 50K | 11.81% | 14.98% |
| Income between 50K and 75K | 12.73% | 19.53% |
| Income between 75K and 100K | 10.10% | 12.52% |
| Income between 100K and 150K | 7.74% | 12.14% |
| Income between 150K and 250K | 1.44% | 3.91% |
| Income between 250K and 500K | 1.31% | 3.34% |
| Income greater than 500K | 0.39% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.49% | 13.81% |
| Professional and Related Occupations | 21.17% | 22.68% |
| Service | 12.08% | 14.51% |
| Sales and Office | 19.86% | 25.22% |
| Farming, Fishing, and Forestry | 0.12% | 0.68% |
| Construction, Extraction, and Maintenance | 15.43% | 9.37% |
| Production, Transportation, and Material Moving | 15.43% | 15.86% |
The unemployment rate in Oakland, MD, is 8.00%, with job growth of 0.84%. Future job growth over the next ten years is predicted to be 33.68%.
Oakland, MD Taxes
Oakland, MD,sales tax rate is 6.00%. Income tax is 7.40%.
Oakland, MD Income and Salaries
The income per capita is $22,098, which includes all adults and children. The median household income is $31,952.
Oakland Economy SperlingViews
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