National, MD is a great place to live and work. It has several local businesses that provide plenty of jobs for residents. These companies include National Bank, National Grocery Store, and Big Town Pharmacy. The cost of living in National, MD is very reasonable with an average two bedroom rent at $880 per month. The grocery cost index is also low compared to the US at 102 versus 100 respectively. This means that groceries are cheaper than average in this area making it an ideal place to live.
National has an unemployment rate of 6.9%. The US average is 6.0%.
National 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 National
- The Sales Tax Rate for National is 6.0%. The US average is 7.3%.
- The Income Tax Rate for National 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 National
- The average income of a National resident is $40,877 a year. The US average is $37,638 a year.
- The Median household income of a National resident is $0 a year. The US average is $69,021 a year.