North Kensington, MD is a vibrant community located on the eastern edge of Montgomery County in Maryland. It offers plenty of amenities for residents including excellent schools, recreational parks, and an array of shopping and dining options. Despite its small size, North Kensington boasts a number of local businesses such as North Kensington Auto Parts Supply Company, H&D Bistro and Bar, and North Kensington Bookstore & Café. Rent for a two bedroom apartment in North Kensington is slightly higher than the US average at $1,930 per month compared to $1,430 across the country. Grocery costs are also higher with an index value of 114 versus 100 in the US.
North Kensington has an unemployment rate of 5.7%. The US average is 6.0%.
North Kensington has seen the job market decrease by -6.5% 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 North Kensington
- The Sales Tax Rate for North Kensington is 6.0%. The US average is 7.3%.
- The Income Tax Rate for North Kensington 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 North Kensington
- The average income of a North Kensington resident is $56,410 a year. The US average is $37,638 a year.
- The Median household income of a North Kensington resident is $117,708 a year. The US average is $69,021 a year.