Ilchester, MD is a desirable place to live for many reasons. It is located near Washington D.C., making it easy to access the nation's capital in addition to finding employment opportunities in nearby cities. Additionally, Ilchester offers residents affordable housing; it has a two bedroom rent of $2,100 compared to the US average of $1,430. Grocery costs are also lower than the national average at 105 compared to the US at 100. This allows people on tighter budgets more flexibility when living in Ilchester. There are many local businesses that contribute to the economy and provide jobs for those who reside there such as The Garden Gate Café which serves fresh food from local farms and The Green Room Salon offering professional hair styling services. With its affordability, location close to D.C., and family owned businesses, Ilchester is a great place for anyone looking for an enriching lifestyle.
Ilchester has an unemployment rate of 4.5%. The US average is 6.0%.
Ilchester 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 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Ilchester
- The Sales Tax Rate for Ilchester is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ilchester 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 Ilchester
- The average income of a Ilchester resident is $45,911 a year. The US average is $28,555 a year.
- The Median household income of a Ilchester resident is $136,344 a year. The US average is $69,021 a year.