Friendship, MD is a charming community located just outside of Washington, DC. It has many amenities and attractions that make it an ideal location for families and professionals alike. There are several local businesses in the area that offer everything from groceries to rental properties. Homeowners can take advantage of reasonably priced 2 bedroom rentals at $1,720 per month, which is slightly higher than the US average of $1,430 per month. Additionally, the Grocery Cost Index in Friendship is 106 versus 100 in the US, providing a cost-effective option for food shopping in this area. Some popular local businesses include Friendship Marketplace LLC, Harriett’s Grocery Store and Friendship Liquor Shoppe among others.
Friendship has an unemployment rate of 4.9%. The US average is 6.0%.
Friendship has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Friendship
- The Sales Tax Rate for Friendship is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Friendship is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Friendship
- The average income of a Friendship resident is $46,519 a year. The US average is $37,638 a year.
- The Median household income of a Friendship resident is $102,563 a year. The US average is $69,021 a year.