Westminster, MD is a great place to live offering a wide range of amenities and activities. The average two-bedroom rent in Westminster is $1,490 which is slightly higher than the national average of $1,430. Grocery costs are also slightly higher in Westminster with a grocery cost index of 103 versus the US index of 100. Companies like Little Caesars Pizza, Dunkin' Donuts, and Walmart are some of the local businesses located in Westminster. These businesses offer services that help contribute to the overall quality of life for residents. Additionally, there are parks and trails nearby as well as shopping centers providing plenty of recreation opportunities around town.
Westminster has an unemployment rate of 4.2%. The US average is 6.0%.
Westminster has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.
Tax Rates for Westminster
- The Sales Tax Rate for Westminster is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Westminster is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Westminster
- The average income of a Westminster resident is $27,271 a year. The US average is $28,555 a year.
- The Median household income of a Westminster resident is $65,816 a year. The US average is $69,021 a year.