2024 Compare Cities Economy:
Belmont, MA vs Silver Spring, MD

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Highlights
- Household income in Silver Spring, is 39% less than it is in Belmont and is 25% above the National Average.
- Belmont unemployment rate is 5.2%.
- Silver Spring unemployment rate is 5.7%.
 Belmont, MASilver Spring, MDUnited States
 Unemployment Rate5.2%5.7%6.0%
 Recent Job Growth4.1%0.8%1.6%
 Future Job Growth41.3%31.0%33.5%
 Sales Taxes6.3%6.0%6.2%
 Income Taxes5.1%8.0%4.6%
 Income per Cap.$81,383$49,261$37,638
 Household Income$151,502$91,970$69,021
 Family Median Income$185,551$107,455$85,028
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 Est. Households By Income
 Belmont, MASilver Spring, MDUnited States
 Income Less Than 15K6.4%4.7%9.4%
 Income between 15K and 20K1.7%2.1%3.8%
 Income between 20K and 30K3.8%6.3%8.1%
 Income between 30K and 40K3.0%7.0%8.0%
 Income between 40K and 50K3.6%7.1%7.6%
 Income between 50K and 60K2.5%6.1%7.2%
 Income between 60K and 75K4.5%9.0%9.6%
 Income between 75K and 100K7.7%12.1%12.8%
 Income between 100K and 150K16.1%18.8%16.3%
 Income between 150K and 200K13.2%11.5%7.8%
 Income greater than 200K37.5%15.5%9.5%
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 Population By Occupation
 Belmont, MASilver Spring, MDUnited States
 Management, business, finance28.0%20.2%16.4%
 Engineering, computers, science21.4%15.1%6.5%
 Community, social services1.6%1.8%1.8%
 Legal3.5%3.7%1.2%
 Education, library10.4%8.4%6.2%
 Arts, design, media, sports, entertainment3.8%4.3%2.0%
 Healthcare practitioners and technology5.8%3.7%6.2%
 Healthcare support0.4%2.4%3.3%
 Firefighters, law enforcement1.0%1.0%2.1%
 Food preparation, serving1.8%4.1%5.4%
 Building maintenance0.7%3.9%3.6%
 Personal care2.0%4.5%2.6%
 Sales, office, administrative support14.5%13.4%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair2.5%6.9%8.1%
 Production, transportation, material moving2.7%6.6%13.1%
Reviews for Belmont    0 Reviews

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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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