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2024 Compare Cities Economy:
Hampstead, MD vs Cambridge, MD

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Highlights
- Household income in Cambridge, is 50% less than it is in Hampstead and is 72% below the National Average.
- Hampstead unemployment rate is 4.2%.
- Cambridge unemployment rate is 6.3%.

Economy
 Hampstead, MDCambridge, MDUnited States
 Unemployment Rate4.2%6.3%6.0%
 Recent Job Growth0.7%-2.5%1.6%
 Future Job Growth31.3%18.5%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes7.8%7.4%4.6%
 Income per Cap.$41,870$26,107$37,638
 Household Income$80,385$40,094$69,021
 Family Median Income$101,316$54,873$85,028
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 Est. Households By Income
 Hampstead, MDCambridge, MDUnited States
 Income Less Than 15K5.7%18.1%9.4%
 Income between 15K and 20K4.4%7.2%3.8%
 Income between 20K and 30K1.6%14.0%8.1%
 Income between 30K and 40K10.6%10.7%8.0%
 Income between 40K and 50K10.0%7.0%7.6%
 Income between 50K and 60K7.4%6.8%7.2%
 Income between 60K and 75K6.9%7.3%9.6%
 Income between 75K and 100K13.8%10.1%12.8%
 Income between 100K and 150K16.7%10.5%16.3%
 Income between 150K and 200K10.5%4.7%7.8%
 Income greater than 200K12.3%3.5%9.5%
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 Population By Occupation
 Hampstead, MDCambridge, MDUnited States
 Management, business, finance23.0%12.0%16.4%
 Engineering, computers, science6.6%5.4%6.5%
 Community, social services1.0%1.9%1.8%
 Legal1.1%2.1%1.2%
 Education, library6.3%4.3%6.2%
 Arts, design, media, sports, entertainment0.5%1.3%2.0%
 Healthcare practitioners and technology7.3%5.3%6.2%
 Healthcare support2.2%8.8%3.3%
 Firefighters, law enforcement5.9%1.7%2.1%
 Food preparation, serving1.7%8.6%5.4%
 Building maintenance0.9%4.7%3.6%
 Personal care2.2%4.5%2.6%
 Sales, office, administrative support21.0%17.6%20.9%
 Farming, fishing, forestry0.0%1.8%0.6%
 Construction, extraction, maintenance/repair7.7%4.8%8.1%
 Production, transportation, material moving12.5%15.5%13.1%

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Reviews for Hampstead    2 Reviews

Over 13 years ago

Hampstead has great schools as is true for all Carroll County  More

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I'm coming up from Raleigh NC, and I'm looking to move to either Manchester MD or Hampstead MD because of my job. Which is more affordable and which has better and safer  More

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Reviews for Cambridge    5 Reviews

Over 5 years ago

This city is a white male mecca, rampant racism and sexism are to be found here. Little else. Poor schools. No jobs. Large  More

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The politics and the taxes make living in Cambridge terrible. Property values are depressed because the taxes are too high. Not enough people paying heir own way or fair  More

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Over 15 years ago

Cambridge, Maryland offers many places to own a second home or retirement location with utilities and infrastructure to support many new people. Cambridge is about  More

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ZIPS IN HAMPSTEAD, MARYLAND
21074
ZIPS IN CAMBRIDGE, MARYLAND
21613

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