Economy in Silver Spring (zip 20905), Maryland
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| Unemployment Rate | 4.70% | 8.60% |
| Recent Job Growth | 0.42% | 0.35% |
| Future Job Growth | 36.14% | 32.10% |
| Sales Taxes | 6.00% | 5.00% |
| Income Taxes | 7.95% | 4.70% |
| Income per Cap. | $46,894 | $26,154 |
| Household Income | $121,205 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 1.95% | 12.37% |
| Income between 15K and 25K | 2.05% | 10.53% |
| Income between 25K and 35K | 2.27% | 10.88% |
| Income between 35K and 50K | 6.36% | 15.37% |
| Income between 50K and 75K | 12.15% | 20.14% |
| Income between 75K and 100K | 14.10% | 12.41% |
| Income between 100K and 150K | 24.25% | 11.27% |
| Income between 150K and 250K | 24.67% | 5.01% |
| Income between 250K and 500K | 11.22% | 1.86% |
| Income greater than 500K | 0.96% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 24.99% | 14.04% |
| Professional and Related Occupations | 32.86% | 20.61% |
| Service | 9.54% | 14.45% |
| Sales and Office | 23.71% | 26.75% |
| Farming, Fishing, and Forestry | 0.04% | 0.70% |
| Construction, Extraction, and Maintenance | 4.57% | 9.42% |
| Production, Transportation, and Material Moving | 4.29% | 14.05% |
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The unemployment rate in Silver Spring (zip 20905), MD, is 4.70%, with job growth of 0.42%. Future job growth over the next ten years is predicted to be 36.14%.
Silver Spring (zip 20905), MD Taxes
Silver Spring (zip 20905), MD,sales tax rate is 6.00%. Income tax is 7.95%.
Silver Spring (zip 20905), MD Income and Salaries
The income per capita is $46,894, which includes all adults and children. The median household income is $121,205.
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