Economy in Severna Park, 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. | $50,426 | $27,067 |
| Household Income | $120,662 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.08% | 12.10% |
| Income between 15K and 25K | 2.95% | 10.18% |
| Income between 25K and 35K | 3.45% | 10.56% |
| Income between 35K and 50K | 5.74% | 14.98% |
| Income between 50K and 75K | 12.03% | 19.53% |
| Income between 75K and 100K | 13.26% | 12.52% |
| Income between 100K and 150K | 26.51% | 12.14% |
| Income between 150K and 250K | 17.09% | 3.91% |
| Income between 250K and 500K | 14.24% | 3.34% |
| Income greater than 500K | 2.64% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 27.89% | 13.81% |
| Professional and Related Occupations | 32.40% | 22.68% |
| Service | 7.42% | 14.51% |
| Sales and Office | 24.25% | 25.22% |
| Farming, Fishing, and Forestry | 0.08% | 0.68% |
| Construction, Extraction, and Maintenance | 5.61% | 9.37% |
| Production, Transportation, and Material Moving | 7.72% | 15.86% |
The unemployment rate in Severna Park, MD, is 6.40%, with job growth of -0.14%. Future job growth over the next ten years is predicted to be 33.32%.
Severna Park, MD Taxes
Severna Park, MD,sales tax rate is 6.00%. Income tax is 7.31%.
Severna Park, MD Income and Salaries
The income per capita is $50,426, which includes all adults and children. The median household income is $120,662.
Severna Park Economy SperlingViews
Severna Park High Schoo; - Top Notch: Severna Park High School is one of the best in Anne Arundel County. It has high quality academic and extra-curricular... (read more)Severna Park: Welcome to a homogenous, upper middle class community, where athletics is prized above all else. High cost of living, with median home in the 500K range. There are no... (read more)Have an opinion about Severna Park? Leave a commentTo See All SperlingViews for Severna Park Click Here