Riva, MD is a small town located near Annapolis. It is a great place to raise a family with its good schools and low crime rates. The 2 bedroom rent in Riva is $2,350 compared to the US average of $1,430 and the Grocery Cost Index of 107 versus 100 in the US. \nIn Riva there are some prominent companies such as Lockheed Martin, Anne Arundel Medical Center, and Chesapeake Bay Foundation. There is also an array of smaller businesses like Good Life Seafood Market and Get Fit Family Fitness Center. All these local businesses contribute to the vibrant economy of Riva, Maryland making it a great place to live and work.
Riva has an unemployment rate of 4.9%. The US average is 6.0%.
Riva 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 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Riva
- The Sales Tax Rate for Riva is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Riva is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Riva
- The average income of a Riva resident is $57,010 a year. The US average is $28,555 a year.
- The Median household income of a Riva resident is $133,875 a year. The US average is $69,021 a year.