Konterra, MD is a vibrant city located in Maryland with a growing population and economy. The cost of living is somewhat higher than the national average, with 2 bedroom rent at $1,750 compared to the US average of $1,430 and grocery costs with an index of 108 versus 100 in the US. Several local companies have made Konterra their home and are experiencing exciting growth opportunities. Examples include Artic Transport Systems, Optimistic Software Solutions and Lane Industries. Arctic Transport Systems specializes in shipping solutions for domestic and international markets, while Optimistic Software Solutions offers custom software development services for businesses and other organizations. Lane Industries manufacturers specialty medical products for hospitals around the world. Each of these companies have experienced significant growth since setting up operations in Konterra, MD.
Konterra has an unemployment rate of 7.8%. The US average is 6.0%.
Konterra 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 Konterra
- The Sales Tax Rate for Konterra is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Konterra 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 Konterra
- The average income of a Konterra resident is $34,793 a year. The US average is $28,555 a year.
- The Median household income of a Konterra resident is $107,292 a year. The US average is $69,021 a year.