Arden on the Severn is a small town located in Maryland. It is a great place for people looking to move away from the hustle and bustle of the city into a leisurely environment. The average rent for two bedroom places in Arden on the Severn is slightly higher than other cities around the US, however grocery prices have been found to be comparable with those around the country. There are plenty of local companies to work for as well such as Painters Inc, Ray's Carpentry, and Stanley Electricians. These provide good job opportunities for those looking to stay close to home while still having access to services that many towns may not be able to offer.
Arden on the Severn has an unemployment rate of 4.9%. The US average is 6.0%.
Arden on the Severn 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 Arden on the Severn
- The Sales Tax Rate for Arden on the Severn is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Arden on the Severn 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 Arden on the Severn
- The average income of a Arden on the Severn resident is $51,493 a year. The US average is $28,555 a year.
- The Median household income of a Arden on the Severn resident is $103,269 a year. The US average is $69,021 a year.