\nHighfield-Cascade, MD is an interesting place to live. It has plenty of local businesses that people can explore and shop at such as The Home Store, Pharmacy Care, and Hair Salon & Spa. While the average two bedroom rent in the US is $1,430 per month, it costs about $1,150 to rent a two bedroom apartment in Highfield-Cascade, MD - that’s an almost 20% cheaper cost for tenants! Groceries also cost more in the US than in Highfield-Cascade with a grocery cost index of 100 versus 105.
Highfield-Cascade has an unemployment rate of 5.6%. The US average is 6.0%.
Highfield-Cascade has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Highfield-Cascade
- The Sales Tax Rate for Highfield-Cascade is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Highfield-Cascade 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 Highfield-Cascade
- The average income of a Highfield-Cascade resident is $36,723 a year. The US average is $37,638 a year.
- The Median household income of a Highfield-Cascade resident is $76,719 a year. The US average is $69,021 a year.