Jessup, MD is a great suburb to live in near the nation's capital. The 2 Bedroom rent is slightly more expensive than the US average at $1,840 compared to $1,430. However, food costs are actually cheaper at 103 versus 100 with the US Grocery Cost Index. There are several great companies located in Jessup such as Accu-Tech Corporation, Red River Logistics and Triangle Automation. All of these offer a variety job opportunities for those looking to advance their career or start something new.
Jessup has an unemployment rate of 4.9%. The US average is 6.0%.
Jessup 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 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Jessup
- The Sales Tax Rate for Jessup is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jessup is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Jessup
- The average income of a Jessup resident is $8,776 a year. The US average is $28,555 a year.
- The Median household income of a Jessup resident is $125,848 a year. The US average is $69,021 a year.