Randallstown, MD is an attractive city to live in due to its relatively low cost of living. The current two bedroom rent in Randallstown is $1,490 which is slightly higher than the US average of $1,430. Additionally, the grocery cost index is 102 versus 100 in the US. There are many local companies in Randallstown such as BGE Home Service Solutions, Agape Christian School, and I-Workforce LLC that offer employment opportunities for locals. With a lower rate of two bedroom rent and grocery cost compared to the national average, Randallstown provides a great place to start a career and build a home.
Randallstown has an unemployment rate of 6.0%. The US average is 6.0%.
Randallstown 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 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Randallstown
- The Sales Tax Rate for Randallstown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Randallstown is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Randallstown
- The average income of a Randallstown resident is $34,013 a year. The US average is $28,555 a year.
- The Median household income of a Randallstown resident is $83,063 a year. The US average is $69,021 a year.