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Economy in South Kensington, Maryland

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

Economy
EconomySouth Kensington, 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.$67,036$27,067
Household Income$141,527$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K2.28%12.10%
Income between 15K and 25K1.82%10.18%
Income between 25K and 35K3.19%10.56%
Income between 35K and 50K4.91%14.98%
Income between 50K and 75K8.85%19.53%
Income between 75K and 100K11.29%12.52%
Income between 100K and 150K21.47%12.14%
Income between 150K and 250K19.82%3.91%
Income between 250K and 500K22.29%3.34%
Income greater than 500K4.07%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations22.85%13.81%
Professional and Related Occupations43.32%22.68%
Service7.94%14.51%
Sales and Office17.51%25.22%
Farming, Fishing, and Forestry0.20%0.68%
Construction, Extraction, and Maintenance3.78%9.37%
Production, Transportation, and Material Moving4.46%15.86%
Median Household Income

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

South Kensington, MD Taxes

South Kensington, MD,sales tax rate is 6.00%. Income tax is 7.95%.

South Kensington, MD Income and Salaries

The income per capita is $67,036, which includes all adults and children. The median household income is $141,527.


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