Ashton-Sandy Spring CDP Maryland Income Charts

This section shows the Ashton-Sandy Spring CDP Maryland economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Ashton-Sandy Spring CDP shows it has a Median earnings of $105,556 which is the second most median earnings of all the places in the greater Ashton-Sandy Spring CDP region. The place with the highest median earnings per worker in the area is Highland CDP which shows a median earnings of $157,258 (49.0% larger). Comparing median earnings per worker to the United States average of $53,269, Ashton-Sandy Spring CDP is about twice as large. Also, compared to the state of Maryland, median earnings per worker of $65,737, Ashton-Sandy Spring CDP is 60.6% larger.

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $140,000 which is in the mid point range of other places in the local area. The place with the highest median household income in the area is Highland CDP which depicts a median income of $193,929 (38.5% larger). Comparing median household income to the United States average of $69,021, Ashton-Sandy Spring CDP is about twice as large. Also, versus the state of Maryland, median household income of $91,431, Ashton-Sandy Spring CDP is 53.1% larger.

The next section examines a variety of different income statistics for the Ashton-Sandy Spring CDP metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings less than $10,000 at 2.1% of the total. Second, it has the smallest proportion of earnings between $50,000 and $74,999 at 7.8% of the total. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 4 shows that it has a Avg Hrly Earnings of $50.62 which is the second most average hourly earnings of all the places in the greater Ashton-Sandy Spring CDP region. The place with the highest average hourly earnings in the area is Highland CDP which depicts an average hourly earnings of $73.58 (45.4% larger). Comparing average hourly earnings to the United States average of $26.40, Ashton-Sandy Spring CDP is about twice as large. Also, compared with the state of Maryland, average hourly earnings of $32.58, Ashton-Sandy Spring CDP is 55.4% larger.

Figure 5 examines the number of self employed people in the Ashton-Sandy Spring CDP metro area based on the number of people who reported any self employment income. Ashton-Sandy Spring CDP depicts it has a Self Employed of 12.8% which is the smallest in order of percentage of people self employed of all the other places in the metro area. The place with the highest percentage of people self employed in the area is Highland CDP which depicts a percentage self employed of 24.6% (about twice as large).

The next chart (Figure 7) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 24.1% which is in the mid range of other places in the local area. The place with the highest households with retirement income in the area is Spencerville CDP which shows a households with retirement income of 36.7% (52.0% larger).

The percentage of full-time workers are compared to the number of part-time workers in Figure 8. Ashton-Sandy Spring CDP shows full time employees approximately 3.0 times bigger as the part time employees.

Similar to the last chart is Figure 9 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. Ashton-Sandy Spring CDP depicts it has the hightest entrepreneurs of 29% for the self employed in construction group.

Figure 10 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Ashton-Sandy Spring CDP depicts it has the hightest cost of 265.9 for the cost of housing grouping.

Ashton-Sandy Spring CDP Maryland Poverty Charts

In Figure 11 the percentage of people earning less than the poverty level is shown and compared across the group of places. Ashton-Sandy Spring CDP depicts it has a Percent of Population In Poverty of 3.4% which is the third most percent of people earning less than the poverty level of all other places in the greater Ashton-Sandy Spring CDP region. The place with the highest percent of people earning less than the poverty level in the area is Spencerville CDP which shows a percent of people in poverty of 33.8% ( very much bigger). Additionally, Figure 12 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Ashton-Sandy Spring CDP shows it has a Public Assistance Percent of 0.9% which is the second smallest in order of households with public assistance of all the other places in the area. The place with the highest households with public assistance in the area is Spencerville CDP which depicts a households with public assistance of 17.6% ( appreciably bigger).

Ashton-Sandy Spring CDP Maryland Labor Force Charts

The table in Figure 13, shows Ashton-Sandy Spring CDP employment data in terms of job categories and salary data.

The next two charts look at monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2022, the Covid 19 recession occurred and affects this metric. The monthly unemployment rate depicts that from February 2017 to before the COVID-19 Pandemic it went from 4.1% to 3.2% in December 2019. This represents a decrease in the monthly unemployment rate of 22.0%. Since that time, the monthly unemployment rate has gone to 3.2%. This represents an increase in the monthly unemployment rate of very little.

Ashton-Sandy Spring CDP Maryland Jobs Charts

In the jobs section of economic activity charts in Figure 15 shows the average annual earnings for very high level job industry categories for full time and year round employed.

Figure 16 shows the average median earnings for different categories of jobs.

Ashton-Sandy Spring CDP Maryland Work Commute Charts

Figure 18 shows a more detailed view of how the population commutes to work for (for example to downtown Ashton-Sandy Spring CDP or elsewhere.) Ashton-Sandy Spring CDP has the smallest proportion of people who carpooled at 5% of the total.

Figure 19 is provided for comparison purposes to the previous chart. It shows how people get to work overall on average in the United States.

The average commute time is shown in Figure 21. Ashton-Sandy Spring CDP shows it has a Avg Commute Time of 37 which is more than all other places in the greater Ashton-Sandy Spring CDP region.