Knowledge-based businesses, with a high concentration in research and development as well as government contracting, drive Montgomery County’s economy.
Leading industry clusters such as life sciences, information technology, and healthcare benefit from a highly educated workforce and the contracting and research opportunities with the U.S. government.
In addition, the county has a large presence of hospitality companies, financial services, agriculture/horticulture businesses and construction/real estate corporations.
Companies in the county range from large publicly-held corporations to entrepreneurial start-ups.
|Jobs in 2014
0% above national average
|% Change, 2009-2014
The nation: 4.9%
|Average Earnings/Job in 2014
The nation: $58,057
|Region||2009 Jobs||2014 Jobs||% Change|
|Sources: EMSI, 2013.4—Industry Overview for Complete Jobs (QCEW, non-QCEW and Self-Employed). Maryland Department of Labor, Licensing and Regulation. Monthly Labor Review, October 2014|