Mount Vernon, MD is a vibrant community located in the heart of Maryland. The area offers many amenities and attractions for residents and visitors alike. Rent for two-bedroom apartments in Mount Vernon is significantly lower than the national average, making it an attractive residence option for individuals and families. Major companies in the area include Verizon Communications, Raytheon Technologies Corporation, FedEx Ground, and CACI International Inc. Attractions in Mount Vernon include Gunston Hall Plantation, George Washington’s Distillery & Gristmill, and Woodlawn Manor Cultural Park. In addition to these cultural attractions, Mount Vernon also offers excellent outdoor activities such as kayaking on the Potomac River or taking hikes at Dyke Marsh Wildlife Preserve.
Mount Vernon has an unemployment rate of 7.4%. The US average is 6.0%.
Mount Vernon has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Mount Vernon
- The Sales Tax Rate for Mount Vernon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Vernon is 7.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mount Vernon
- The average income of a Mount Vernon resident is $20,658 a year. The US average is $28,555 a year.
- The Median household income of a Mount Vernon resident is $50,733 a year. The US average is $69,021 a year.