Friendly, MD is an ideal place to live and work in. With a cost of living index of 108 compared to the US average of 100, Friendly offers more affordable housing and groceries. Residents can rent a two-bedroom apartment for $1,670, which is lower than the national average of $1,430. The town is also home to many local businesses such as Friendly Bank, Rock Star Realty, and Sunshine Tax Services. Furthermore, Friendly is known for its friendly community and high safety ratings. All these factors make it an ideal place to live and raise a family.
Friendly has an unemployment rate of 7.8%. The US average is 6.0%.
Friendly 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 Friendly
- The Sales Tax Rate for Friendly is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Friendly 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 Friendly
- The average income of a Friendly resident is $39,099 a year. The US average is $28,555 a year.
- The Median household income of a Friendly resident is $120,027 a year. The US average is $69,021 a year.