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2024 Compare Cities Economy:
Annapolis, MD vs Silver Spring, MD

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Highlights
- Household income in Silver Spring, is 0% less than it is in Annapolis and is 25% above the National Average.
- Annapolis unemployment rate is 5.4%.
- Silver Spring unemployment rate is 5.7%.

Economy
 Annapolis, MDSilver Spring, MDUnited States
 Unemployment Rate5.4%5.7%6.0%
 Recent Job Growth0.7%0.8%1.6%
 Future Job Growth31.4%31.0%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes7.3%8.0%4.6%
 Income per Cap.$52,106$49,261$37,638
 Household Income$92,026$91,970$69,021
 Family Median Income$113,666$107,455$85,028
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 Est. Households By Income
 Annapolis, MDSilver Spring, MDUnited States
 Income Less Than 15K6.8%4.7%9.4%
 Income between 15K and 20K3.3%2.1%3.8%
 Income between 20K and 30K4.4%6.3%8.1%
 Income between 30K and 40K5.3%7.0%8.0%
 Income between 40K and 50K5.4%7.1%7.6%
 Income between 50K and 60K5.6%6.1%7.2%
 Income between 60K and 75K9.2%9.0%9.6%
 Income between 75K and 100K13.7%12.1%12.8%
 Income between 100K and 150K18.8%18.8%16.3%
 Income between 150K and 200K12.2%11.5%7.8%
 Income greater than 200K15.4%15.5%9.5%
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 Population By Occupation
 Annapolis, MDSilver Spring, MDUnited States
 Management, business, finance23.1%20.2%16.4%
 Engineering, computers, science8.0%15.1%6.5%
 Community, social services1.6%1.8%1.8%
 Legal2.1%3.7%1.2%
 Education, library6.8%8.4%6.2%
 Arts, design, media, sports, entertainment4.4%4.3%2.0%
 Healthcare practitioners and technology4.3%3.7%6.2%
 Healthcare support1.5%2.4%3.3%
 Firefighters, law enforcement1.7%1.0%2.1%
 Food preparation, serving7.1%4.1%5.4%
 Building maintenance4.9%3.9%3.6%
 Personal care3.6%4.5%2.6%
 Sales, office, administrative support16.8%13.4%20.9%
 Farming, fishing, forestry0.1%0.1%0.6%
 Construction, extraction, maintenance/repair7.6%6.9%8.1%
 Production, transportation, material moving6.7%6.6%13.1%

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Reviews for Annapolis    31 Reviews

Annapolis has extremely charming areas (mostly old Annapolis neighborhood's)-- Those very old area near the water have Amazing charm. You can start with downtown West  More

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Well, I really would give living in Annapolis 3.5 stars. I moved here by myself several years ago. One of the highs of this place is that there are a lot of terrific  More

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When we were trying to decide where in the USA to relocate to, Annapolis had enough interest that it made our list. Ultimately, we found a different city that offered  More

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Reviews for Silver Spring    18 Reviews

Growing up in Silver Spring, my family and I have been residents for the better part of 25 years. Although some of the development has been great (Discovery Channel, new  More

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What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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ZIPS IN ANNAPOLIS, MARYLAND
21401 21403
ZIPS IN SILVER SPRING, MARYLAND
20910 20901 20903

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