Pikesville, Maryland is a vibrant and diverse community located just outside Baltimore. It has plenty to offer residents including numerous restaurants, shops, banks, and entertainment options. The cost of living in Pikesville is slightly higher than the rest of the US with 2 bedroom rent averaging $1,700 compared to $1,430 nationally. Grocery costs also tend to be higher with an index of 102 versus 100 across the US. Popular local companies include Under Armour, McCormick & Company Inc., The Columbia Bank, and Legg Mason Inc. Whatever you need or want Pikesville has it!
Pikesville has an unemployment rate of 6.0%. The US average is 6.0%.
Pikesville has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Pikesville
- The Sales Tax Rate for Pikesville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pikesville is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Pikesville
- The average income of a Pikesville resident is $57,228 a year. The US average is $37,638 a year.
- The Median household income of a Pikesville resident is $90,748 a year. The US average is $69,021 a year.