Economy in Maryland
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| Unemployment Rate | 6.90% | 8.60% |
| Recent Job Growth | 0.65% | 0.35% |
| Future Job Growth | 34.40% | 32.10% |
| Sales Taxes | 6.00% | 5.00% |
| Income Taxes | 4.75% | 4.70% |
| Income per Cap. | $33,592 | $26,154 |
| Household Income | $69,978 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.61% | 12.37% |
| Income between 15K and 25K | 6.59% | 10.53% |
| Income between 25K and 35K | 7.62% | 10.88% |
| Income between 35K and 50K | 12.52% | 15.37% |
| Income between 50K and 75K | 19.32% | 20.14% |
| Income between 75K and 100K | 15.60% | 12.41% |
| Income between 100K and 150K | 17.77% | 11.27% |
| Income between 150K and 250K | 9.23% | 5.01% |
| Income between 250K and 500K | 3.44% | 1.86% |
| Income greater than 500K | 0.30% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 16.58% | 14.04% |
| Professional and Related Occupations | 25.82% | 20.61% |
| Service | 13.48% | 14.45% |
| Sales and Office | 26.15% | 26.75% |
| Farming, Fishing, and Forestry | 0.26% | 0.70% |
| Construction, Extraction, and Maintenance | 8.56% | 9.42% |
| Production, Transportation, and Material Moving | 9.14% | 14.05% |
The unemployment rate in Maryland, MD, is 6.90%, with job growth of 0.65%. Future job growth over the next ten years is predicted to be 34.40%.
Maryland, MD Taxes
Maryland, MD,sales tax rate is 6.00%. Income tax is 4.75%.
Maryland, MD Income and Salaries
The income per capita is $33,592, which includes all adults and children. The median household income is $69,978.
Maryland Economy SperlingViews
State Taxes: The state taxes have been raised to 6.00% as of... (read more)Base Consolidation: Maryland was on the gaining end in the military base consolidation. A large influx of people (military, civilian federal government and government contractors) are... (read more)Vacation elsewhere in August: Summers in Maryland are uncomfortably warm and humid. It is estimated that over 800,000 residents if the greater DC area go on vacation during the month of August to... (read more)Have an opinion about Maryland? Leave a commentTo See All SperlingViews for Maryland Click Here
