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Economy in Washington Grove, Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyWashington Grove, 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.$36,092$27,067
Household Income$89,299$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K8.72%12.10%
Income between 15K and 25K6.40%10.18%
Income between 25K and 35K8.14%10.56%
Income between 35K and 50K6.98%14.98%
Income between 50K and 75K11.63%19.53%
Income between 75K and 100K13.95%12.52%
Income between 100K and 150K23.84%12.14%
Income between 150K and 250K13.95%3.91%
Income between 250K and 500K5.81%3.34%
Income greater than 500K0.58%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.67%13.81%
Professional and Related Occupations33.33%22.68%
Service12.50%14.51%
Sales and Office18.75%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance3.33%9.37%
Production, Transportation, and Material Moving5.83%15.86%
Median Household Income

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

Washington Grove, MD Taxes

Washington Grove, MD,sales tax rate is 6.00%. Income tax is 7.95%.

Washington Grove, MD Income and Salaries

The income per capita is $36,092, which includes all adults and children. The median household income is $89,299.


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