Barclay, MD is a small town in the suburbs of Maryland located about 25 miles north of Washington D.C. It's considered one of the best places to live in Maryland for its excellent schools and safe neighborhoods. The cost of living in Barclay is lower than the national average with an average two bedroom rent rate of $1,220 compared to $1,430 nationally and a grocery cost index of 103 versus 100 nationally. There are several local businesses that serve the residents including retailers like Walmart and Target as well as local restaurants like Homeplace Grill and Shrimp Boat which serve up delicious seafood dishes.
Barclay has an unemployment rate of 4.4%. The US average is 6.0%.
Barclay has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Barclay
- The Sales Tax Rate for Barclay is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Barclay 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 Barclay
- The average income of a Barclay resident is $39,381 a year. The US average is $28,555 a year.
- The Median household income of a Barclay resident is $49,034 a year. The US average is $69,021 a year.