Washington County, MD Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Maryland / / Washington County / Cities / Zip Codes
Washington, MD County is a great place to live and work. The 2 bedroom rent is significantly lower than the US average, making it an attractive housing option for families. The Grocery Cost Index in Washington, MD County is also higher than the US average, which helps keep the cost of living low. There are many local companies that offer employment opportunities such as Quantum Corporation, WMS Technologies Inc., GMH Associates Incorporated, Trisolini & Cahill LLC and Highview Consulting Group LLC. These companies provide a variety of services ranging from engineering to financial advising and more, providing Washington MD county residents with a range of employment opportunities.

Washington County has an unemployment rate of 5.6%. The US average is 6.0%.

Washington County has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Washington County
- The Sales Tax Rate for Washington County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Washington County is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Washington County
- The average income of a Washington County resident is $27,173 a year. The US average is $28,555 a year.
- The Median household income of a Washington County resident is $67,349 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWashington, MarylandUnited States
  5.66
  -5.9%-6.2%
  24.5%33.5%
  6.0%6.2%
  7.6%4.6%
  $33,682$37,638
  $67,349$69,021
  $84,024$85,028
  Population by Occupation
  1.0%1.2%
  0.1%0.5%
  8.5%6.8%
  7.0%10.0%
  2.5%2.5%
  12.1%11.0%
  7.4%4.8%
  1.1%0.8%
  1.7%1.9%
  3.9%4.7%
  1.3%1.9%
  7.1%7.6%
  0.3%0.1%
  4.9%4.2%
  7.9%9.3%
  13.1%14.0%
  1.5%2.1%
  5.8%7.0%
  4.6%4.8%
  8.2%4.7%
Health