Landover, MD Economy


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Landover, MD is a great place to live with plenty of job prospects and an excellent cost of living. The two bedroom rent in Landover is slightly higher than the US average at $1,600 as compared to $1,430, but the grocery cost index of 107 versus 100 in the US makes it a good value for money. Local companies and industries include Lockheed Martin Federal Systems, Northrop Grumman Electronic Systems and Capital One Financial Corporation. Employment opportunities are also available in retail, hospitality and government sectors. Overall, Landover offers an affordable cost of living with plenty of career options to choose from.

Landover has an unemployment rate of 7.8%. The US average is 6.0%.

Landover has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.

Tax Rates for Landover
- The Sales Tax Rate for Landover is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Landover 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 Landover
- The average income of a Landover resident is $22,248 a year. The US average is $28,555 a year.
- The Median household income of a Landover resident is $64,127 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLandover, MarylandUnited States
  7.86
  -6.5%-6.2%
  34.4%33.5%
  6.0%6.2%
  8.0%4.6%
  $30,152$37,638
  $64,127$69,021
  $75,109$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  10.0%6.8%
  1.3%10.0%
  1.6%2.5%
  8.8%11.0%
  7.0%4.8%
  0.0%0.8%
  1.8%1.9%
  2.3%4.7%
  1.2%1.9%
  5.1%7.6%
  0.3%0.1%
  5.5%4.2%
  9.0%9.3%
  17.4%14.0%
  2.8%2.1%
  8.8%7.0%
  5.8%4.8%
  11.1%4.7%
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