National Harbor, MD is a popular spot with lots to do and see. It has a thriving business district with many top-notch restaurants and shopping centers. The area is also home to several well-known companies such as MGM National Harbor, the Gaylord National Resort, and Amblin Entertainment. The average cost of living in National Harbor is quite reasonable compared to other cities in the US. The 2 bedroom rent in this area is $1,520 while the national average for two bedroom rent is $1,430. Moreover, grocery costs are slightly higher than the national average index at 107 versus 100 in the US. All these factors make National Harbor an attractive option for many looking for a comfortable lifestyle at an affordable price.
National Harbor has an unemployment rate of 7.8%. The US average is 6.0%.
National Harbor 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 National Harbor
- The Sales Tax Rate for National Harbor is 6.0%. The US average is 7.3%.
- The Income Tax Rate for National Harbor 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 National Harbor
- The average income of a National Harbor resident is $34,031 a year. The US average is $28,555 a year.
- The Median household income of a National Harbor resident is $118,744 a year. The US average is $69,021 a year.