Midlothian, MD is a great place to live and work. It’s conveniently located close to Washington DC and offers plenty of job opportunities with companies like Honeywell, T Rowe Price, Maryland Live Casino, Northrop Grumman, and many others. The cost of living in Midlothian is lower than the US average. For example, 2 bedroom rent in Midlothian is $910 compared to $1,430 on average for the US. Similarly, the grocery cost index in Midlothian is 102 versus 100 in the US – meaning groceries are only slightly more expensive than the national average. All this makes Midlothian an attractive option for those looking for affordability combined with local amenities such as schools and parks.
Midlothian has an unemployment rate of 6.9%. The US average is 6.0%.
Midlothian has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.
Tax Rates for Midlothian
- The Sales Tax Rate for Midlothian is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Midlothian 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 Midlothian
- The average income of a Midlothian resident is $31,189 a year. The US average is $37,638 a year.
- The Median household income of a Midlothian resident is $37,202 a year. The US average is $69,021 a year.