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Economy in Ocean Pines, Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyOcean Pines, MDUnited States
Unemployment Rate15.40%9.10%
Recent Job Growth0.84%-0.12%
Future Job Growth26.28%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.00%6.25%
Income per Cap.$35,411$27,067
Household Income$64,222$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.93%12.10%
Income between 15K and 25K5.28%10.18%
Income between 25K and 35K8.20%10.56%
Income between 35K and 50K14.95%14.98%
Income between 50K and 75K27.82%19.53%
Income between 75K and 100K14.88%12.52%
Income between 100K and 150K14.67%12.14%
Income between 150K and 250K4.67%3.91%
Income between 250K and 500K2.92%3.34%
Income greater than 500K0.67%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations20.65%13.81%
Professional and Related Occupations20.28%22.68%
Service14.85%14.51%
Sales and Office28.83%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance8.33%9.37%
Production, Transportation, and Material Moving4.74%15.86%
Median Household Income

The unemployment rate in Ocean Pines, MD, is 15.40%, with job growth of 0.84%. Future job growth over the next ten years is predicted to be 26.28%.

Ocean Pines, MD Taxes

Ocean Pines, MD,sales tax rate is 6.00%. Income tax is 6.00%.

Ocean Pines, MD Income and Salaries

The income per capita is $35,411, which includes all adults and children. The median household income is $64,222.


Ocean Pines Economy SperlingViews

Incorrect information about Allen, MD: You incorrectly listed Allen, MD as being located in Worcester County. It is located in Wicomico county and you also aligned it with Ocean Pines, which is also... (read more)Have an opinion about Ocean Pines? Leave a commentTo See All SperlingViews for Ocean Pines Click Here