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Economy in Rockville, Maryland

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

Economy
EconomyRockville, MDUnited States
Unemployment Rate5.00%9.10%
Recent Job Growth2.26%-0.12%
Future Job Growth39.52%31.25%
Sales Taxes6.00%6.80%
Income Taxes7.95%6.25%
Income per Cap.$43,443$27,067
Household Income$91,116$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K6.08%12.10%
Income between 15K and 25K4.65%10.18%
Income between 25K and 35K5.42%10.56%
Income between 35K and 50K8.84%14.98%
Income between 50K and 75K15.56%19.53%
Income between 75K and 100K14.38%12.52%
Income between 100K and 150K20.98%12.14%
Income between 150K and 250K12.07%3.91%
Income between 250K and 500K10.51%3.34%
Income greater than 500K1.49%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations20.28%13.81%
Professional and Related Occupations35.28%22.68%
Service14.53%14.51%
Sales and Office19.58%25.22%
Farming, Fishing, and Forestry0.01%0.68%
Construction, Extraction, and Maintenance5.40%9.37%
Production, Transportation, and Material Moving6.43%15.86%
Median Household Income

The unemployment rate in Rockville, MD, is 5.00%, with job growth of 2.26%. Future job growth over the next ten years is predicted to be 39.52%.

Rockville, MD Taxes

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

Rockville, MD Income and Salaries

The income per capita is $43,443, which includes all adults and children. The median household income is $91,116.


Rockville Economy SperlingViews

Good Economy, High Cost: Very nice county and city. Good economy because of federal jobs. Very good education from elementary to university. Cost of living is very high and it is a big concern... (read more)Entrepreneurship: There are many attempts to develop entrepreneurship in the region. For example, the Rockville Innovation Center, an incubator for science and technology startups as well... (read more)A Happy Resident: I have been living in Rockville, Maryland for the pass seven years. While traffic can be a problem (which is indicative of the entire Washington DC-Baltimore... (read more)Have an opinion about Rockville? Leave a commentTo See All SperlingViews for Rockville Click Here