Economy in Annapolis, Maryland

Annapolis has an unemployment rate of 5.4%. The US average is 6.0%.

Annapolis has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.

Tax Rates for Annapolis
- The Sales Tax Rate for Annapolis is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Annapolis is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Annapolis
- The average income of a Annapolis resident is $43,590 a year. The US average is $28,555 a year.
- The Median household income of a Annapolis resident is $75,320 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

ECONOMY	Annapolis, Maryland	United States
	5.4%	6.0%
	-6.2%	-6.2%
	31.4%	33.5%
	6.0%	6.2%
	7.3%	4.6%
	$44,777	$31,177
	$81,143	$57,652
	$95,246	$70,850
POPULATION BY OCCUPATION
	0.0%	1.3%
	0.0%	0.6%
	6.6%	6.2%
	3.3%	10.4%
	1.1%	2.7%
	10.0%	11.6%
	2.5%	4.1%
	0.1%	0.9%
	2.4%	2.1%
	3.6%	4.7%
	2.9%	1.9%
	12.1%	6.7%
	0.0%	0.1%
	5.2%	4.3%
	10.3%	9.3%
	10.8%	13.8%
	1.7%	2.2%
	10.9%	7.4%
	6.5%	4.9%
	9.9%	4.8%

ECONOMY MAP

Unemployment Rate (US Avg: 6%)

Median HH Income (US Avg: $53k)

Recent Job Growth (US Avg: 1.59%)

Income Less Than $15k (US Avg: 12.55%)

Income Greater Than $200k (US Avg: 5.03%)

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Reviews for Annapolis 31 Reviews

Areas of historic charm surrounded by ugly sprawl. - 11/3/2022
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... Read More

Phil | Marlboro Village, MD | Reply | No Replies

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Has its charms but a bit noisy and expensive - 4/22/2020
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... Read More

Mike | Annapolis, MD | Reply | No Replies

Enjoyed Annapolis- But Chose Another City - 2/4/2019
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... Read More

Samira | Wilmington, NC | Reply | 1 Reply

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ZIP CODES IN ANNAPOLIS, MARYLAND

21401 21403

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