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Economy

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  ECONOMY OVERVIEW
  

The unemployment rate in Severna Park, Maryland, is 4.00%, with job growth of 1.38%. Future job growth over the next ten years is predicted to be 38.76%.

Severna Park, Maryland Taxes
Severna Park, Maryland,sales tax rate is 6.00%. Income tax is 7.31%.

Severna Park, Maryland Income and Salaries

The income per capita is $49,639, which includes all adults and children. The median household income is $121,710.


  ECONOMYSeverna Park, MarylandUnited States
  Unemployment Rate  4.00%5.20%
  Recent Job Growth  1.38%1.59%
  Future Job Growth  38.76%37.98%
  Sales Taxes  6.00%6.00%
  Income Taxes  7.31%4.60%
  Income per Cap.  $49,639$28,555
  Household Income  $121,710$53,482
  Family Median Income  $140,443$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting  0.07%1.35%
  Mining, quarrying, oil and gas extraction  0.00%0.61%
  Construction  6.11%6.19%
  Manufacturing  5.50%10.41%
  Wholesale trade  3.70%2.72%
  Retail trade  9.71%11.55%
  Transportation and warehousing  1.75%4.11%
  Utilities  00
  Information  2.46%2.12%
  Finance and insurance  4.26%4.69%
  Real estate, rental, leasing  2.18%1.89%
  Professional, scientific, technical services  13.75%6.68%
  Management of companies  0.10%0.08%
  Administrative, support, waste mgt svcs  2.12%4.27%
  Educational services  13.33%9.34%
  Health care and social assistance  13.28%13.81%
  Arts, entertainment, recreation  1.36%2.16%
  Accommodation, food services  4.34%7.44%
  Other services  4.25%4.94%
  Public administration  11.16%4.80%
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  ECONOMY MAP

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Severna Park High Schoo; - Top Notch - 2/10/2008
Severna Park High School is one of the best in Anne Arundel County. It has high quality academic and extra-curricular... (Read More)

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Severna Park - 6/28/2006
Welcome to a homogenous, upper middle class community, where athletics is prized above all else. High cost of living, with median home in the 500K range. There are no... (Read More)


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