Ashton-Sandy Spring, MD is a great place to call home! With a Grocery Cost Index of 114 compared to 100 in the US, you can rest assured that your groceries cost the same or less than the US average. In addition, 2 Bedroom rents here are $2,070 which is much more expensive than the US average of $1,430. This area offers numerous opportunities for employment with many local companies such as Lockheed Martin, University of Maryland Medical System, and The Johns Hopkins Hospital. In short, Ashton-Sandy Spring is an attractive city where residents can benefit from competitive prices on groceries and high paying jobs.
Ashton-Sandy Spring has an unemployment rate of 5.7%. The US average is 6.0%.
Ashton-Sandy Spring has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Ashton-Sandy Spring
- The Sales Tax Rate for Ashton-Sandy Spring is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ashton-Sandy Spring 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 Ashton-Sandy Spring
- The average income of a Ashton-Sandy Spring resident is $55,333 a year. The US average is $28,555 a year.
- The Median household income of a Ashton-Sandy Spring resident is $140,000 a year. The US average is $69,021 a year.