Mount Rainier, MD Economy


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Mount Rainier, MD is an attractive place to live with affordable living costs. It boasts a 2 bedroom rent of $1,320 compared to the U.S average of $1,430, and its Grocery Cost Index is 109 versus the U.S average of 100. The area has much to offer in terms of local businesses and attractions too. A few companies in the area include Mount Rainier's Chamber of Commerce, Maryland State Railway Museum, and Garden Market Cafe. As for attractions, visitors can enjoy Mount Rainier National Park which offers camping, fishing, hiking and much more; Maryland SoccerPlex which enables soccer fans to enjoy competitions and festivals throughout the year; Adventure Theatre MTC welcomes theater fans young and old alike; or take a tour along Mt. Rainier’s Art Deco Historic District. Whatever you do while in Mount Rainier, you will be sure to have a great time!

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

Mount Rainier 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 Mount Rainier
- The Sales Tax Rate for Mount Rainier is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Rainier 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 Mount Rainier
- The average income of a Mount Rainier resident is $25,576 a year. The US average is $28,555 a year.
- The Median household income of a Mount Rainier resident is $59,268 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMount Rainier, MarylandUnited States
  7.86
  -6.5%-6.2%
  34.4%33.5%
  6.0%6.2%
  8.0%4.6%
  $35,914$37,638
  $59,268$69,021
  $77,526$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  9.0%6.8%
  0.2%10.0%
  1.4%2.5%
  11.3%11.0%
  4.3%4.8%
  0.9%0.8%
  2.5%1.9%
  1.2%4.7%
  4.2%1.9%
  8.0%7.6%
  0.0%0.1%
  3.2%4.2%
  12.5%9.3%
  10.6%14.0%
  3.9%2.1%
  9.7%7.0%
  6.7%4.8%
  10.0%4.7%
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