Jennings, MD Economy


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United States / Maryland / No Metro Area / Garrett County / Jennings / Zip Codes
Jennings, MD is a small town located in Charles County with a population of around 2,000 people. It is known for its local businesses which include Jennings Automotive, Jennings Market, and Jennings Insurance. The rent for a 2 bedroom apartment in Jennings is much lower than the average US rent of $1,430 at $820 per month. Groceries also cost significantly less in Jennings compared to the rest of the US with an Index of 98 compared to 100 - making it an affordable place to live.

Jennings has an unemployment rate of 5.9%. The US average is 6.0%.

Jennings has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.

Tax Rates for Jennings
- The Sales Tax Rate for Jennings is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jennings is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Jennings
- The average income of a Jennings resident is $20,655 a year. The US average is $37,638 a year.
- The Median household income of a Jennings resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJennings, MarylandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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