Walker Mill, MD is a great place to live for those looking for an affordable lifestyle. The average 2 bedroom rent is only $1,450 compared to the US average of $1,430. Grocery cost index in Walker Mill is also 6 points higher than in the US at 106 versus 100 respectively. Local companies that can be found in Walker Mill are FedEx Ground, Volvo Group, and The Maryland-National Capital Park & Planning Commission. When it comes to cost of living Walker Mill is slightly more expensive than the national average but offers a great quality of life which makes it well worth it.
Walker Mill has an unemployment rate of 7.8%. The US average is 6.0%.
Walker Mill 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 Walker Mill
- The Sales Tax Rate for Walker Mill is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Walker Mill 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 Walker Mill
- The average income of a Walker Mill resident is $38,400 a year. The US average is $37,638 a year.
- The Median household income of a Walker Mill resident is $69,013 a year. The US average is $69,021 a year.