Leisure World, MD is a popular retirement community located near Washington DC. It offers its residents access to plenty of nearby amenities including local shops and restaurants. There are also many attractions such as historic sites, parks, golf courses, and swimming pools. The 2 bedroom rent in Leisure World is $1,850 compared to the national average of $1,430 making it relatively more expensive. When it comes to groceries, prices are about 9% higher than the US average according to the Grocery Cost Index. Popular businesses in Leisure World include Giant Food and Walgreens Pharmacy which offer discounts to senior citizens. Overall, Leisure World has a higher cost of living than average but there are plenty of benefits for retirees such as a beautiful environment and easy access to amenities.
Leisure World has an unemployment rate of 5.7%. The US average is 6.0%.
Leisure World has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Leisure World
- The Sales Tax Rate for Leisure World is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Leisure World 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 Leisure World
- The average income of a Leisure World resident is $47,421 a year. The US average is $28,555 a year.
- The Median household income of a Leisure World resident is $61,078 a year. The US average is $69,021 a year.