Hillandale, MD is a small suburban town located just outside of Washington DC. The area is well known for its excellent schools, charming neighborhoods, and diverse business opportunities. Local companies such as Hillandale Real Estate Group, Hillandale Home Renovations LLC, and Hillandale Auto Repair are just a few of the businesses that make Hillandale a great place to live. When it comes to 2 bedroom rents and grocery cost indices, however, there are some differences between Hillandale and the US. The median rent for a two-bedroom apartment in Hillandale is $1,740 compared to $1,430 in the US. Similarly, the grocery cost index in Hillandale is 109 versus 100 nationally. This suggests that living expenses are slightly higher in this city than they are on average across the country.
Hillandale has an unemployment rate of 5.7%. The US average is 6.0%.
Hillandale has seen the job market decrease by -6.5% 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 Hillandale
- The Sales Tax Rate for Hillandale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hillandale 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 Hillandale
- The average income of a Hillandale resident is $50,386 a year. The US average is $37,638 a year.
- The Median household income of a Hillandale resident is $137,900 a year. The US average is $69,021 a year.