Potomac Heights, MD is a great place to live, work, or visit. It has plenty of activities and amenities to offer visitors and residents alike. The housing market in Potomac Heights is robust, with the average 2 bedroom rent currently at $1,650 a month. This is slightly higher than the US average of $1,430 for the same type of accommodation. Additionally, food items in Potomac Heights tend to be slightly more expensive than elsewhere in the country due to its Grocery Cost Index being 106 versus 100 in the US.
The town is home to some major companies such as Capital One and Marriott International Inc., which provide employment opportunities for locals and attract talent from around the world. It also has a vibrant cultural scene with plenty of art galleries, live music venues, theatres, museums, and other attractions for both tourists and locals alike. In addition to these cultural offerings, Potomac Heights offers a range of outdoor recreational opportunities including kayaking on the Potomac River or biking along trails that run through our many parks. No matter what your interests are you’ll find something exciting here!
Potomac Heights has an unemployment rate of 5.9%. The US average is 6.0%.
Potomac Heights 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 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Potomac Heights
- The Sales Tax Rate for Potomac Heights is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Potomac Heights is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Potomac Heights
- The average income of a Potomac Heights resident is $21,487 a year. The US average is $28,555 a year.
- The Median household income of a Potomac Heights resident is $61,083 a year. The US average is $69,021 a year.