Forest Glen, MD is a great place to live for people looking for an affordable, yet comfortable lifestyle. The 2 bedroom rent in Forest Glen is $2,000, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Forest Glen is 111 compared to 100 nationally. This makes Forest Glen an appealing area for those on a budget.
The area has plenty of recreational activities and companies located in it as well. There are multiple restaurants such as the popular Italian eatery Tony's Bistro and a wide selection of stores at Ritchie Station Marketplace. There are great parks like Wheaton Regional Park and Brookside Gardens where residents can enjoy nature or a picnic with family and friends. For additional entertainment there are movie theaters like AMC Loews Wheaton Mall 9, the BlackRock Center for the Arts, or the Strathmore Music Center.
Forest Glen has an unemployment rate of 5.7%. The US average is 6.0%.
Forest Glen 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 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Forest Glen
- The Sales Tax Rate for Forest Glen is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Forest Glen 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 Forest Glen
- The average income of a Forest Glen resident is $41,070 a year. The US average is $28,555 a year.
- The Median household income of a Forest Glen resident is $110,724 a year. The US average is $69,021 a year.