Four Corners, MD is a charming suburban area located just outside of Washington D.C. It features many local businesses such as the Four Corners Market, a grocery store that offers fresh produce and natural products at competitive prices. Other businesses in this town include the Four Corners Cafe, an independent restaurant specializing in burgers and comfort food; Four Corners Pizza, which specializes in authentic Italian pizza; and the Four Corners Music Store, which offers a wide range of musical instruments and supplies. In addition to its businesses, Four Corners also has some of the lowest rent rates for two bedroom apartments in the entirety of Maryland. At an average rate of $1,730 per month for a two bedroom apartment it is much lower than the US average of $1,430 per month. The Grocery Cost Index in Four Corners is also highly competitive compared to the rest of Maryland with an index rating of 112 versus 100 in the US.
Four Corners has an unemployment rate of 5.7%. The US average is 6.0%.
Four Corners 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 Four Corners
- The Sales Tax Rate for Four Corners is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Four Corners 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 Four Corners
- The average income of a Four Corners resident is $44,027 a year. The US average is $28,555 a year.
- The Median household income of a Four Corners resident is $168,393 a year. The US average is $69,021 a year.