Economy in Towson, Maryland
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Economy
| Unemployment Rate | 7.60% | 9.10% |
| Recent Job Growth | 0.07% | -0.12% |
| Future Job Growth | 32.54% | 31.25% |
| Sales Taxes | 11.00% | 6.80% |
| Income Taxes | 7.58% | 6.25% |
| Income per Cap. | $39,960 | $27,067 |
| Household Income | $68,307 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 8.92% | 12.10% |
| Income between 15K and 25K | 8.39% | 10.18% |
| Income between 25K and 35K | 8.00% | 10.56% |
| Income between 35K and 50K | 11.53% | 14.98% |
| Income between 50K and 75K | 17.80% | 19.53% |
| Income between 75K and 100K | 13.89% | 12.52% |
| Income between 100K and 150K | 16.02% | 12.14% |
| Income between 150K and 250K | 6.16% | 3.91% |
| Income between 250K and 500K | 7.04% | 3.34% |
| Income greater than 500K | 2.26% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 16.45% | 13.81% |
| Professional and Related Occupations | 37.73% | 22.68% |
| Service | 11.09% | 14.51% |
| Sales and Office | 25.93% | 25.22% |
| Farming, Fishing, and Forestry | 0.11% | 0.68% |
| Construction, Extraction, and Maintenance | 3.29% | 9.37% |
| Production, Transportation, and Material Moving | 4.83% | 15.86% |
The unemployment rate in Towson, MD, is 7.60%, with job growth of 0.07%. Future job growth over the next ten years is predicted to be 32.54%.
Towson, MD Taxes
Towson, MD,sales tax rate is 11.00%. Income tax is 7.58%.
Towson, MD Income and Salaries
The income per capita is $39,960, which includes all adults and children. The median household income is $68,307.
Towson Economy SperlingViews
Basic comments about Towson: My wife and I have lived in Towson for seven and a half years. It has many of the things we want in a community but it is not our dream place to live. We would like a... (read more)Towson Maryland, Not What It Used To be : Crowded, crime on the rise , very expensive and tax... (read more)Have an opinion about Towson? Leave a commentTo See All SperlingViews for Towson Click Here
