Glenarden, MD is a small city located just outside of Washington D.C., offering convenient access to numerous local businesses as well as the amenities of the big city. It's known for its strong sense of community and well-maintained residential areas. Notable local companies in Glenarden include T&K Auto Repair and Body Shop, Signature Cleaners, and Talibah Beauty Salon. The cost of living in Glenarden is slightly higher than the national average; 2 bedroom rent averages $1,760 compared to $1,430 nationally, and groceries are 8% more expensive with an index score of 108 versus 100 in the US. Despite the higher prices, Glenarden is a great place to live due to its close proximity to both Washington D.C., and an array of neighborhood businesses.
Glenarden has an unemployment rate of 7.8%. The US average is 6.0%.
Glenarden 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 Glenarden
- The Sales Tax Rate for Glenarden is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Glenarden 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 Glenarden
- The average income of a Glenarden resident is $25,159 a year. The US average is $28,555 a year.
- The Median household income of a Glenarden resident is $91,467 a year. The US average is $69,021 a year.