Jarrettsville, MD is a small town located in Harford County. It is known for its close-knit community and low cost of living. The 2 bedroom rent for this area is $1,450 which is lower compared to the US average of $1,430. Additionally, the Grocery Cost Index here is 105 compared to 100 in the US, meaning that food items are slightly more expensive than the national average. Some businesses around Jarrettsville include a local winery (Boordy Vineyards), several farms such as Highland Orchards and Heather Hills Farm, and multiple restaurants like Fazoli's and Pizza Bros. These establishments contribute to the unique culture of Jarrettsville that makes it an ideal place to live.
Jarrettsville has an unemployment rate of 5.0%. The US average is 6.0%.
Jarrettsville 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 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Jarrettsville
- The Sales Tax Rate for Jarrettsville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jarrettsville is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Jarrettsville
- The average income of a Jarrettsville resident is $51,206 a year. The US average is $37,638 a year.
- The Median household income of a Jarrettsville resident is $114,554 a year. The US average is $69,021 a year.