Economy in Ocean Pines, Maryland
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Economy
| Unemployment Rate | 15.40% | 9.10% |
| Recent Job Growth | 0.84% | -0.12% |
| Future Job Growth | 26.28% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 6.00% | 6.25% |
| Income per Cap. | $35,411 | $27,067 |
| Household Income | $64,222 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.93% | 12.10% |
| Income between 15K and 25K | 5.28% | 10.18% |
| Income between 25K and 35K | 8.20% | 10.56% |
| Income between 35K and 50K | 14.95% | 14.98% |
| Income between 50K and 75K | 27.82% | 19.53% |
| Income between 75K and 100K | 14.88% | 12.52% |
| Income between 100K and 150K | 14.67% | 12.14% |
| Income between 150K and 250K | 4.67% | 3.91% |
| Income between 250K and 500K | 2.92% | 3.34% |
| Income greater than 500K | 0.67% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 20.65% | 13.81% |
| Professional and Related Occupations | 20.28% | 22.68% |
| Service | 14.85% | 14.51% |
| Sales and Office | 28.83% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 8.33% | 9.37% |
| Production, Transportation, and Material Moving | 4.74% | 15.86% |
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
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