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Economy in Takoma Park, Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyTakoma Park, 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.$37,022$27,067
Household Income$67,927$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K10.62%12.10%
Income between 15K and 25K6.08%10.18%
Income between 25K and 35K8.14%10.56%
Income between 35K and 50K12.21%14.98%
Income between 50K and 75K17.74%19.53%
Income between 75K and 100K13.75%12.52%
Income between 100K and 150K15.87%12.14%
Income between 150K and 250K7.64%3.91%
Income between 250K and 500K6.72%3.34%
Income greater than 500K1.22%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.28%13.81%
Professional and Related Occupations38.56%22.68%
Service15.19%14.51%
Sales and Office16.03%25.22%
Farming, Fishing, and Forestry0.02%0.68%
Construction, Extraction, and Maintenance9.14%9.37%
Production, Transportation, and Material Moving9.04%15.86%
Median Household Income

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

Takoma Park, MD Taxes

Takoma Park, MD,sales tax rate is 6.00%. Income tax is 7.95%.

Takoma Park, MD Income and Salaries

The income per capita is $37,022, which includes all adults and children. The median household income is $67,927.


Takoma Park Economy SperlingViews

Convenient to Metro: Walk to the Metro, to stores, to... (read more)liberal: Very... (read more)Peace City: As a proud liberal Democrat, Takoma Park is a fabulous place to live. It's known as "the Birkenstock capitol of DC" because so many liberal thinkers and ecologically... (read more)Have an opinion about Takoma Park? Leave a commentTo See All SperlingViews for Takoma Park Click Here