Montgomery County

Business and Economy in Potomac, MD

Being a great place to live also means being a great place to work. A thriving economy helps the tax base (so there’s more money for city improvements) and helps a city attract and retain talent. The median household income in Potomac , MD, is $178,765, and check out the following articles to get an inside look at its key industries and job opportunities.

Employment Overview

While employment opportunities often play a big part in why people move, a city’s unemployment rate also is a major indicator of an economy’s overall health. Regardless of whether personal employment is a factor, lower unemployment rates often mean a region is better able to attract and retain skilled workers, new industries and retailers. The statistics, here, should provide valuable insight into the health and diversity of Potomac ’s economy.

Employment Rate in Montgomery County, MD

  Employed 96.9%
  Unemployed 3.1%

Occupations in Potomac , MD

Employment in Potomac , MD

Employment Armed Forces 0.1%
Employment Civilian Labor Force 62.5%
Employment Not in Labor Force 37.4%
Employment Total in Labor Force 62.6%

Industry in Potomac , MD

Agriculture, Forestry, Fishing and Hunting and Mining 0.1%
Construction 2.4%
Manufacturing 3.3%
Wholesale Trade 1.4%
Retail Trade 5.6%
Transportation and Warehousing, and Utilities 1%
Information 2.8%
Finance and Insurance, and Real Estate and Rental and Leasing 10.3%
Professional, Scientific and Management and Administrative and Waste 27.4%
Educational Services and Health Care and Social Assistance 21.6%
Arts, Entertainment and recreation and Accommodation and food Services 4.7%
Other Services, Except Public Administration 6.6%
Public Administration 12.9%