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Economy in Forest Hill (zip 21050), Maryland

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyForest Hill, MDUnited States
Unemployment Rate7.20%9.10%
Recent Job Growth-0.40%-0.12%
Future Job Growth32.00%31.25%
Sales Taxes6.00%6.80%
Income Taxes7.81%6.25%
Income per Cap.$38,485$27,067
Household Income$91,489$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K2.81%12.10%
Income between 15K and 25K3.65%10.18%
Income between 25K and 35K5.11%10.56%
Income between 35K and 50K8.26%14.98%
Income between 50K and 75K18.21%19.53%
Income between 75K and 100K18.10%12.52%
Income between 100K and 150K25.43%12.14%
Income between 150K and 250K12.08%3.91%
Income between 250K and 500K5.75%3.34%
Income greater than 500K0.60%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations17.99%13.81%
Professional and Related Occupations26.36%22.68%
Service11.63%14.51%
Sales and Office26.34%25.22%
Farming, Fishing, and Forestry0.11%0.68%
Construction, Extraction, and Maintenance8.62%9.37%
Production, Transportation, and Material Moving12.62%15.86%
Median Household Income

The unemployment rate in Forest Hill (zip 21050), MD, is 7.20%, with job growth of -0.40%. Future job growth over the next ten years is predicted to be 32.00%.

Forest Hill (zip 21050), MD Taxes

Forest Hill (zip 21050), MD,sales tax rate is 6.00%. Income tax is 7.81%.

Forest Hill (zip 21050), MD Income and Salaries

The income per capita is $38,485, which includes all adults and children. The median household income is $91,489.


Forest Hill Economy SperlingViews

Wow: I was suprised to see that forest hill had at 24% higher cost of living then the country's average... Housing market is def. booming. New houses are always being built... (read more)Have an opinion about Forest Hill? Leave a commentTo See All SperlingViews for Forest Hill Click Here