Forestville, MD is a charming small town located in Prince George’s County that offers residents a sense of community. The median 2 bedroom rent price in Forestville is slightly higher than the US median price which makes it an affordable place to live. In addition, the Grocery Cost Index in Forestville is 107 versus 100 for the US, making grocery prices also reasonable. Popular local businesses in Forestville include Randallstown Pharmacy, Collington Auto Repair, and Sheppard Realty Group. There are also several restaurants such as Brightwood Cafe and Caribbean Wave Restaurant & Bar that offer delicious cuisine for locals and visitors to enjoy.
Forestville has an unemployment rate of 7.8%. The US average is 6.0%.
Forestville 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 Forestville
- The Sales Tax Rate for Forestville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Forestville 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 Forestville
- The average income of a Forestville resident is $29,608 a year. The US average is $28,555 a year.
- The Median household income of a Forestville resident is $61,973 a year. The US average is $69,021 a year.