With data compiled from reliable public sources and government organizations like the Bureau of Labor Statistics and the U.S. Census Bureau, Joblift provides you with essential insights to help you in your job search in Wheaton, MD.
In Wheaton, diverse industries contribute to the city's thriving economy. The hospitality sector offers a range of opportunities for job seekers, while the health care industry is an essential part of the community. Construction plays a significant role in shaping the city's landscape, and retail businesses cater to the needs of residents and visitors alike. Technology and science sectors further enhance Wheaton's economic growth, providing exciting career options for individuals with various skills and interests. Overall, Wheaton presents a dynamic job market, making it an ideal location for those seeking new opportunities.
In the city, employment opportunities appear promising as the average salary is $93,371, which is 34.88% higher than the national average. A notable portion of the population, 46%, benefits from employer-provided insurance, adding value to job offers within the area. However, it is important to consider that the cost of living is approximately 24.0% higher than average, which may impact disposable income levels for individuals residing and working here. Additionally, residents experience an average commute time of 34.5 minutes, demonstrating a potential trade-off between the attractive salaries and daily travel times.
In Wheaton, MD, the local economy currently experiences a higher than average unemployment rate at 5.70%. Despite this challenge, the city's job market is poised for strong future growth. When considering employment opportunities in Wheaton, it is essential to keep in mind the positive outlook for job market expansion.
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