Economy & Jobs — Montgomery County, Maryland

Employment

Total Establishments27,767
Total Employees436,843
Avg Annual Employment462,298
Avg Annual Pay$94,473
Total Annual Wages$43,674,879,986
Annual Payroll (thousands)$35,404,149
Unemployment Rate4.8%

Income

Median Household Income$125,583
Poverty Rate7.2%
IRS Returns548,770
Total AGI (thousands)$72,722,376
Average AGI per Return$132,519

Federal Spending

Total FY2024$30,116,353,421
Per Capita$28,357
Population Basis1,062,061

Agriculture

Total Farms104
Land in Farms (acres)69,759
Avg Farm Size (acres)671
Year2,022

Dining & Food Establishments

Full-service Restaurants640
Fast Food852
Bars31
Coffee & Snacks173