Largo, MD is a city located in Prince George's County. It has plenty to offer visitors and residents alike including top-notch schools, parks and recreation, shopping outlets, dining options, and entertainment options. The average rent for a two bedroom home is $1,980 per month which is higher than the average throughout the United States of $1,430. Additionally the Grocery Cost Index (inflation-adjusted) is 108 in Largo versus the national average of 100. Local businesses that call Largo home include Safeway Grocery Store, Best Buy Electronics Store, AMC Theaters Entertainment Venue, and Gamestop Video Game Retailer. There are also numerous restaurants in town ranging from fast food favorites to fine dining options. Largo provides something for everyone!
Largo has an unemployment rate of 7.8%. The US average is 6.0%.
Largo 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 34.4%, which is higher than the US average of 33.5%.
Tax Rates for Largo
- The Sales Tax Rate for Largo is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Largo 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 Largo
- The average income of a Largo resident is $42,685 a year. The US average is $37,638 a year.
- The Median household income of a Largo resident is $88,799 a year. The US average is $69,021 a year.