Upper Marlboro, MD is an ideal place to live for those seeking a convenient yet affordable lifestyle. The city has a 2 bedroom rent rate of $2,010 which is higher than the national average of $1,430 yet still relatively inexpensive. Furthermore, the grocery cost index in Upper Marlboro is 108 versus 100 in the US, making it more economical to buy groceries there. This makes livinng in Upper Marlboro attractive to many as there are various local businesses and amenities that provide convenience and comfort for its residents. Companies such as Nationwide Insurance, RK Ford Sales & Service and Allstate Insurance have a presence in the city offering financial services to its locals. Additionally, Upper Marlboro also offers great shopping opportunities at Shops at Marlborough Park or town festivals like the annual Springfest celebration to keep its residents entertained and connected with their community. With all these features combined, living in Upper Marlboro can be quite enjoyable for those looking for a more laid-back atmosphere with access to convenient amenities.
Upper Marlboro has an unemployment rate of 7.8%. The US average is 6.0%.
Upper Marlboro has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.
Tax Rates for Upper Marlboro
- The Sales Tax Rate for Upper Marlboro is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Upper Marlboro is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Upper Marlboro
- The average income of a Upper Marlboro resident is $40,943 a year. The US average is $28,555 a year.
- The Median household income of a Upper Marlboro resident is $99,667 a year. The US average is $69,021 a year.