2025 Compare Cities Economy:
Silver Spring, MD vs Ocean City, MD

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Highlights
- Household income in Ocean City, is 36% less than it is in Silver Spring and is 18% below the National Average.
- Silver Spring unemployment rate is 5.7%.
- Ocean City unemployment rate is 9.9%.
 Silver Spring, MDOcean City, MDUnited States
 Unemployment Rate  Unlock9.9%6.0%
 Recent Job Growth  Unlock-0.6%1.6%
 Future Job Growth31.0%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock6.5%4.6%
 Income per Cap.$49,261  Unlock$37,638
 Household Income  Unlock$58,563$69,021
 Family Median Income$107,455  Unlock$85,028
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 Est. Households By Income
 Silver Spring, MDOcean City, MDUnited States
 Income Less Than 15K  Unlock8.7%9.4%
 Income between 15K and 20K2.1%  Unlock3.8%
 Income between 20K and 30K  Unlock8.5%8.1%
 Income between 30K and 40K7.0%  Unlock8.0%
 Income between 40K and 50K  Unlock10.0%7.6%
 Income between 50K and 60K6.1%  Unlock7.2%
 Income between 60K and 75K  Unlock10.9%9.6%
 Income between 75K and 100K12.1%  Unlock12.8%
 Income between 100K and 150K  Unlock13.6%16.3%
 Income between 150K and 200K11.5%  Unlock7.8%
 Income greater than 200K  Unlock9.2%9.5%
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 Population By Occupation
 Silver Spring, MDOcean City, MDUnited States
 Management, business, finance20.2%  Unlock16.4%
 Engineering, computers, science  Unlock3.2%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library8.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.6%2.0%
 Healthcare practitioners and technology3.7%  Unlock6.2%
 Healthcare support  Unlock1.4%3.3%
 Firefighters, law enforcement1.0%  Unlock2.1%
 Food preparation, serving  Unlock18.0%5.4%
 Building maintenance3.9%  Unlock3.6%
 Personal care  Unlock3.4%2.6%
 Sales, office, administrative support13.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair6.9%  Unlock8.1%
 Production, transportation, material moving  Unlock5.0%13.1%
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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Reviews for Ocean City    6 Reviews

Over 7 years ago

The town itself if quaint but typically coastal. In high season you will crawl from traffic light to traffic light. Maybe place to be single but don't grow old alone.  More

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Over 12 years ago

Not that bad at all. My family stays here every summer, and we have no problems. The crime rating is only a 10 because the boardwalk gets a lot of petty theft and drunk  More

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Over 12 years ago

Crime here really isnt a 10. The boardwalk gets a lot of drunk people and petty theft during the summer, and that skews the results. Ive stayed here in OC every summer  More

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