Jessup, Maryland Unemployment

Jessup, Maryland has a population of 7,900, with a median household income of $78,900.

Current unemployment data for Jessup.

4.60%

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Population

7,900

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Median Income

$78,900

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Unemployment

4.60%

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Housing Price

$389,500

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Crime Rate

3.90

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Internet Speed

208.00 Mbps

Jessup is a small local community located in Maryland. The city has a population that is below the average city population in Maryland, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Jessup, located in Maryland, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Jessup has a population of 7,900, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Jessup is $78,900, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Jessup is about $389,500, making it relatively affordable compared to many cities in Maryland.

Employment and Safety

The unemployment rate in Jessup is 4.60%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Jessup are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Maryland, Jessup shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Jessup continues to play a role in shaping regional trends in Maryland, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Jessup

What is the population of Jessup?

The population of Jessup is approximately 7,900.

Is Jessup a good place to live?

Jessup offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Jessup?

The median household income in Jessup is around $78,900.

How expensive is housing in Jessup?

The average housing price in Jessup is approximately $389,500.