Garrett Park, MD is a small town located just outside of Washington D.C. It is known for its suburban charm, which makes it an attractive place to live. The 2 bedroom rent in Garrett Park is $2,100 which is much higher than the US average of $1,430! Additionally, the grocery cost index in Garrett Park is 118 versus 100 in the US.
Local companies such as Garrett Park Pharmacy and Garrett Park Studios are popular choices in the area for residents and visitors alike. For dining out, residents can enjoy local favorites like La Tasca Tapas Bar & Restaurant or Piccolo Ristorante Italiano. For those who seek outdoor activity, beautiful parks like Lake Needwood Regional Park and Rock Creek Regional Park are nearby attractions that offer hiking trails and biking paths.
Garrett Park has an unemployment rate of 5.7%. The US average is 6.0%.
Garrett Park 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 Garrett Park
- The Sales Tax Rate for Garrett Park is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Garrett Park 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 Garrett Park
- The average income of a Garrett Park resident is $63,337 a year. The US average is $28,555 a year.
- The Median household income of a Garrett Park resident is $241,875 a year. The US average is $69,021 a year.