2025 Compare Cities Economy:
Taneytown, MD vs New Market, MD

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Highlights
- Household income in New Market, is 134% more than it is in Taneytown and is 61% above the National Average.
- Taneytown unemployment rate is 4.2%.
- New Market unemployment rate is 4.9%.
 Taneytown, MDNew Market, MDUnited States
 Unemployment Rate  Unlock4.9%6.0%
 Recent Job Growth  Unlock0.6%1.6%
 Future Job Growth31.3%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock7.7%4.6%
 Income per Cap.$34,175  Unlock$37,638
 Household Income  Unlock$175,982$69,021
 Family Median Income$99,231  Unlock$85,028
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 Est. Households By Income
 Taneytown, MDNew Market, MDUnited States
 Income Less Than 15K  Unlock3.0%9.4%
 Income between 15K and 20K7.2%  Unlock3.8%
 Income between 20K and 30K  Unlock0.6%8.1%
 Income between 30K and 40K5.4%  Unlock8.0%
 Income between 40K and 50K  Unlock2.4%7.6%
 Income between 50K and 60K8.7%  Unlock7.2%
 Income between 60K and 75K  Unlock3.0%9.6%
 Income between 75K and 100K13.7%  Unlock12.8%
 Income between 100K and 150K  Unlock15.9%16.3%
 Income between 150K and 200K7.6%  Unlock7.8%
 Income greater than 200K  Unlock29.9%9.5%
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 Population By Occupation
 Taneytown, MDNew Market, MDUnited States
 Management, business, finance12.3%  Unlock16.4%
 Engineering, computers, science  Unlock6.0%6.5%
 Community, social services0.7%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library9.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.0%2.0%
 Healthcare practitioners and technology8.7%  Unlock6.2%
 Healthcare support  Unlock1.7%3.3%
 Firefighters, law enforcement1.4%  Unlock2.1%
 Food preparation, serving  Unlock10.3%5.4%
 Building maintenance3.5%  Unlock3.6%
 Personal care  Unlock0.5%2.6%
 Sales, office, administrative support24.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair10.4%  Unlock8.1%
 Production, transportation, material moving  Unlock4.4%13.1%
Reviews for Taneytown    2 Reviews

Over 19 years ago

Wonderfull Parks, great neighbors, and a Main St community. Employment is good but cost of living and housing are very high. The local Library may be small but the  More

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Over 19 years ago

Having lived in various areas throughout Maryland, I can say that Maryland supports its equestrian community fully. From showing to trails, Maryland offers an  More

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Reviews for New Market    1 Reviews

New Market is a balanced mixture of newer home communities and the quaint historic district featuring Federal Style homes from the turn of the century. Schools are  More

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