Economy in Severn, Maryland
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Economy
| Unemployment Rate | 6.40% | 9.10% |
| Recent Job Growth | -0.14% | -0.12% |
| Future Job Growth | 33.32% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 7.31% | 6.25% |
| Income per Cap. | $37,426 | $27,067 |
| Household Income | $92,727 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 4.51% | 12.10% |
| Income between 15K and 25K | 3.23% | 10.18% |
| Income between 25K and 35K | 3.87% | 10.56% |
| Income between 35K and 50K | 9.10% | 14.98% |
| Income between 50K and 75K | 15.61% | 19.53% |
| Income between 75K and 100K | 19.37% | 12.52% |
| Income between 100K and 150K | 26.38% | 12.14% |
| Income between 150K and 250K | 11.65% | 3.91% |
| Income between 250K and 500K | 5.79% | 3.34% |
| Income greater than 500K | 0.49% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 16.06% | 13.81% |
| Professional and Related Occupations | 25.24% | 22.68% |
| Service | 12.16% | 14.51% |
| Sales and Office | 29.12% | 25.22% |
| Farming, Fishing, and Forestry | 0.09% | 0.68% |
| Construction, Extraction, and Maintenance | 7.38% | 9.37% |
| Production, Transportation, and Material Moving | 13.10% | 15.86% |
The unemployment rate in Severn, MD, is 6.40%, with job growth of -0.14%. Future job growth over the next ten years is predicted to be 33.32%.
Severn, MD Taxes
Severn, MD,sales tax rate is 6.00%. Income tax is 7.31%.
Severn, MD Income and Salaries
The income per capita is $37,426, which includes all adults and children. The median household income is $92,727.
Severn Economy SperlingViews
Hanover MD: Hanover is a nice neighborhood nestled between Ft Meade and Baltimore/Washington Airport. Moreover, it's conveniently located about 15 miles south of the Inner Harbor... (read more)Life in Severn, Maryland: In general, Severn is a fine place to be, in a state that has a lot to... (read more)Severn, MD General Overview: I've lived in Severn for about 3 years. Locaton is great. It's near at least 4-5 major highway access points as well as the BWI airport. Located between Baltimore and... (read more)Have an opinion about Severn? Leave a commentTo See All SperlingViews for Severn Click Here
