Montgomery County

Business and Economy in Wheaton, 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 Wheaton , MD, is $79,767, 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 Wheaton ’s economy.

Employment Rate in Montgomery County, MD

  Employed 96.9%
  Unemployed 3.1%

Occupations in Wheaton , MD

Employment in Wheaton , MD

Employment Armed Forces 0.8%
Employment Civilian Labor Force 77.5%
Employment Not in Labor Force 21.8%
Employment Total in Labor Force 78.2%

Industry in Wheaton , MD

Agriculture, Forestry, Fishing and Hunting and Mining 0.2%
Construction 10.1%
Manufacturing 2.3%
Wholesale Trade 0.9%
Retail Trade 9.5%
Transportation and Warehousing, and Utilities 2.7%
Information 2.3%
Finance and Insurance, and Real Estate and Rental and Leasing 4.8%
Professional, Scientific and Management and Administrative and Waste 16.9%
Educational Services and Health Care and Social Assistance 18.7%
Arts, Entertainment and recreation and Accommodation and food Services 14.6%
Other Services, Except Public Administration 9.2%
Public Administration 7.8%