Business and Economy in Rockville, 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 Rockville, MD is $100,239, and check out the following articles to get an inside look at its key industries and job opportunities.
Learn how Montgomery County, MD, provides the ideal business climate for tech startups in areas such as information technology and cybersecurity.
Learn why major corporations such as GEICO, Lockheed Martin, Hughes Networks and Marriott International choose to locate and stay in Montgomery County, MD.
Discover what makes Montgomery County, Md., a hot spot for large corporations such as Marriott, Discovery Communications and Hughes Network, as well as startups developing technologies in cyber security, biotechnology and more.
Communications and IT is one of Montgomery County's key industries, thanks to a critical mass of long-established companies and startups in a variety of sectors.
Montgomery County is known worldwide as a center for biotech and life sciences innovation due to the cluster of research institutions and government agencies.
Montgomery County companies with more than 1,000 employees are listed.
Montgomery County, Md.'s, transportation networkinlcudes access to three international airports – BWI, Dulles and Reagan National - and 13 stops on the Metro rail system.
In Montgomery County, federal agencies, state and local officials, and the private sector have a long history of working together to accomplish important goals, create jobs and build a strong economy.
Montgomery County offers advantages to residents and businesses with a strong economy and great school system.
Innovative businesses from a wide range of industries choose Montgomery County for its location, infrastructure, and robust support services.
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 Rockville’s economy.
|Employment Armed Forces||0.5%|
|Employment Civilian Labor Force||72.1%|
|Employment Not in Labor Force||27.5%|
|Employment Total in Labor Force||72.5%|
|Agriculture, Forestry, Fishing and Hunting and Mining||0.2%|
|Transportation and Warehousing, and Utilities||2.2%|
|Finance and Insurance, and Real Estate and Rental and Leasing||6.8%|
|Professional, Scientific and Management and Administrative and Waste||24.9%|
|Educational Services and Health Care and Social Assistance||20.2%|
|Arts, Entertainment and recreation and Accommodation and food Services||8.8%|
|Other Services, Except Public Administration||5.9%|