Clarksburg, MD Economy


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Clarksburg, MD is a desirable place to live in with its close proximity to the nation's capital and numerous local businesses. Companies such as Enterprise Rent-A-Car, Giant Food, and Wegmans are all based out of Clarksburg. The median price for a two-bedroom rental in Clarksburg is $2,420 which is higher than the national average of $1,430. Grocery costs are also slightly higher compared to the national index rating at 112 versus the US rate of 100. All these factors make Clarksburg an attractive destination for people looking for a comfortable home while still being close to plenty of job opportunities.

Clarksburg has an unemployment rate of 5.7%. The US average is 6.0%.

Clarksburg has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Clarksburg
- The Sales Tax Rate for Clarksburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clarksburg is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Clarksburg
- The average income of a Clarksburg resident is $50,704 a year. The US average is $37,638 a year.
- The Median household income of a Clarksburg resident is $152,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClarksburg, MarylandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Clarksburg
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I've lived in Virginia most of my life and thought it was an okay place to live. There are parts of it that are a bit expensive and overcrowded, but overall I never had  More

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