Garrison, MD is a great place to live with a variety of local companies and businesses. The two bedroom rent in Garrison, MD is $1,800, which is higher than the national average of $1,430. The cost of living is also slightly higher than the national average with the grocery cost index being 102 versus 100 in the US. Local companies include Garrison Art & Frame Company for custom framing services, Key Automotive Group for auto servicing needs, and Gordon's Garden Center for landscaping needs. Overall Garrison is an ideal place to live with many local companies and a slightly higher cost of living compared to other areas.
Garrison has an unemployment rate of 6.0%. The US average is 6.0%.
Garrison has seen the job market decrease by -6.2% 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 Garrison
- The Sales Tax Rate for Garrison is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Garrison 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 Garrison
- The average income of a Garrison resident is $45,081 a year. The US average is $37,638 a year.
- The Median household income of a Garrison resident is $92,639 a year. The US average is $69,021 a year.