Economy & Jobs — Somerset County, Maryland

Employment

Total Establishments355
Total Employees3,938
Avg Annual Employment6,963
Avg Annual Pay$58,162
Total Annual Wages$405,007,461
Annual Payroll (thousands)$190,621
Unemployment Rate7.0%

Income

Median Household Income$52,149
Poverty Rate19.8%
IRS Returns9,340
Total AGI (thousands)$484,973
Average AGI per Return$51,924

Federal Spending

Total FY2024$196,077,929
Per Capita$7,964
Population Basis24,620

Agriculture

Total Farms244
Land in Farms (acres)3,717
Avg Farm Size (acres)15.20
Year2,022

Dining & Food Establishments

Full-service Restaurants5
Fast Food10
BarsN/A
Coffee & SnacksN/A