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Economy in Redland, Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyRedland, 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.$41,559$27,067
Household Income$112,286$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.26%12.10%
Income between 15K and 25K1.88%10.18%
Income between 25K and 35K3.39%10.56%
Income between 35K and 50K6.14%14.98%
Income between 50K and 75K14.58%19.53%
Income between 75K and 100K13.75%12.52%
Income between 100K and 150K27.11%12.14%
Income between 150K and 250K17.03%3.91%
Income between 250K and 500K11.39%3.34%
Income greater than 500K1.47%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations22.07%13.81%
Professional and Related Occupations30.43%22.68%
Service13.63%14.51%
Sales and Office18.87%25.22%
Farming, Fishing, and Forestry0.16%0.68%
Construction, Extraction, and Maintenance6.70%9.37%
Production, Transportation, and Material Moving8.96%15.86%
Median Household Income

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

Redland, MD Taxes

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

Redland, MD Income and Salaries

The income per capita is $41,559, which includes all adults and children. The median household income is $112,286.


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