Carney, MD is a small suburban town located in Baltimore County. It has a population of over 24,000 people and is known for its small-town charm. Renting a two-bedroom apartment in Carney costs $1,480 per month which is slightly higher than the national average of $1,430 per month. Additionally, the grocery cost index in Carney is slightly higher than the national average of 100 with it sitting at 101.
Carney is home to numerous local businesses such as 'The Fish Market' seafood restaurant, 'Candy Garden' candy shop and 'Olive Tree' Italian restaurant. There are also many corporate businesses that have facilities located in the area such as Walmart Supercenter and Bank of America. Residents enjoy all that Carney has to offer with its unique culture and close proximity to Baltimore City.
Carney has an unemployment rate of 6.0%. The US average is 6.0%.
Carney 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 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Carney
- The Sales Tax Rate for Carney is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Carney is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Carney
- The average income of a Carney resident is $32,931 a year. The US average is $28,555 a year.
- The Median household income of a Carney resident is $70,403 a year. The US average is $69,021 a year.