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Economy in Olney, Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyOlney, MDUnited States
Unemployment Rate5.00%9.10%
Recent Job Growth1.47%-0.12%
Future Job Growth37.94%31.25%
Sales Taxes6.00%6.80%
Income Taxes7.95%6.25%
Income per Cap.$50,798$27,067
Household Income$128,455$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K1.75%12.10%
Income between 15K and 25K1.58%10.18%
Income between 25K and 35K2.35%10.56%
Income between 35K and 50K4.07%14.98%
Income between 50K and 75K11.37%19.53%
Income between 75K and 100K12.96%12.52%
Income between 100K and 150K27.62%12.14%
Income between 150K and 250K18.69%3.91%
Income between 250K and 500K16.67%3.34%
Income greater than 500K2.95%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations26.65%13.81%
Professional and Related Occupations31.54%22.68%
Service9.87%14.51%
Sales and Office22.66%25.22%
Farming, Fishing, and Forestry0.14%0.68%
Construction, Extraction, and Maintenance5.05%9.37%
Production, Transportation, and Material Moving5.61%15.86%
Median Household Income

The unemployment rate in Olney, MD, is 5.00%, with job growth of 1.47%. Future job growth over the next ten years is predicted to be 37.94%.

Olney, MD Taxes

Olney, MD,sales tax rate is 6.00%. Income tax is 7.95%.

Olney, MD Income and Salaries

The income per capita is $50,798, which includes all adults and children. The median household income is $128,455.


Olney Economy SperlingViews

summer: humid... (read more)Loved It!: I moved to Olney and bought a townhouse in 2001 and loved it. I was very close to shopping, parks, fire department, and even the hospital. My neighbors were friendly... (read more)Have an opinion about Olney? Leave a commentTo See All SperlingViews for Olney Click Here