Parkville, MD Economy


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Parkville, MD is an attractive place to live. It is located close to many amenities such as restaurants, shopping malls and parks. The average 2 bedroom rent in Parkville is slightly higher than the US average but grocery cost index is on par with the national average. Local companies in Parkville include Parkville Pizza Company, Parkville Coffee House and Main Street Market. These businesses provide residents with many convenient options for shopping and entertainment. Additionally, there are two major hospitals within a 10 mile radius of Parkville offering excellent health care services. With its affordable living costs and wide range of amenities, Parkville offers residents a great quality of life.

Parkville has an unemployment rate of 6.0%. The US average is 6.0%.

Parkville has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Parkville
- The Sales Tax Rate for Parkville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Parkville is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Parkville
- The average income of a Parkville resident is $27,955 a year. The US average is $28,555 a year.
- The Median household income of a Parkville resident is $72,523 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyParkville, MarylandUnited States
  66
  -6.2%-6.2%
  30.1%33.5%
  6.0%6.2%
  7.6%4.6%
  $35,277$37,638
  $72,523$69,021
  $87,759$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  5.7%6.8%
  5.1%10.0%
  2.2%2.5%
  13.0%11.0%
  3.6%4.8%
  1.0%0.8%
  2.1%1.9%
  6.3%4.7%
  2.6%1.9%
  8.0%7.6%
  0.1%0.1%
  2.9%4.2%
  10.4%9.3%
  15.8%14.0%
  2.0%2.1%
  6.3%7.0%
  4.1%4.8%
  8.5%4.7%
Reviews for Parkville
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When we first moved to Parkville it was a nice working class area. Then with section 8 put in our neighborhood it turned it into a crime ridden dump. The people are  More

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Over 16 years ago

I have lived in Parkville for 6 years and I have no complaints. I live in a duplex in the city and feel safe. The homes in my neighborhood are well maintained. I  More

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Over 17 years ago

baltimore is a dirty, crime filled city. the only thing really going for it is that there is a lot to do. it's dirty, mostly expensive, most people aren't that friendly  More

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