Howard County, Maryland 

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Economy in Howard County, Maryland

Howard County has an unemployment rate of 3.5%. The US average is 5.2%.

Howard County has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 38.0%.

Tax Rates for Howard County
- The Sales Tax Rate for Howard County is 6.0%. The US average is 6.0%.
- The Income Tax Rate for Howard County is 8.0%. The US average is 4.6%.

Income and Salaries for Howard County
- The average income of a Howard County resident is $48,243 a year. The US average is $28,555 a year.
- The Median household income of a Howard County resident is $110,133 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYHoward, MarylandUnited States
  Unemployment Rate3.5%5.2%
  Recent Job Growth1.4%1.6%
  Future Job Growth39.2%38.0%
  Sales Taxes6.0%6.0%
  Income Taxes0.07950.046
  Income per Cap.$48,243$28,555
  Household Income$110,133$53,482
  Family Median Income$129,474$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.2%1.3%
  Mining, quarrying, oil and gas extraction0.1%0.6%
  Construction4.5%6.2%
  Manufacturing5.2%10.4%
  Wholesale trade2.3%2.7%
  Retail trade8.3%11.6%
  Transportation and warehousing2.7%4.1%
  Utilities00
  Information2.6%2.1%
  Finance and insurance4.7%4.7%
  Real estate, rental, leasing2.4%1.9%
  Professional, scientific, technical services16.1%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs3.1%4.3%
  Educational services11.4%9.3%
  Health care and social assistance12.8%13.8%
  Arts, entertainment, recreation1.7%2.2%
  Accommodation, food services4.8%7.4%
  Other services4.6%4.9%
  Public administration11.9%4.8%
ECONOMY MAP
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