Potomac Park, MD is an attractive place to be due to its affordability and local amenities. The average two-bedroom rent in the area is $860, which is significantly lower than the US average of $1,430. Furthermore, the area also has a Grocery Cost Index of 101 versus 100 in other areas of the United States, making it a great choice for those looking to find value when it comes to groceries. Local companies in Potomac Park include Walmart Supercenter, CVS Pharmacy, Wegmans Food Market, and more. Living in Potomac Park can be a great option for those looking for an affordable area with plenty of amenities.
Potomac Park has an unemployment rate of 6.9%. The US average is 6.0%.
Potomac Park has seen the job market decrease by -0.1% 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 Potomac Park
- The Sales Tax Rate for Potomac Park is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Potomac Park 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 Potomac Park
- The average income of a Potomac Park resident is $31,760 a year. The US average is $37,638 a year.
- The Median household income of a Potomac Park resident is $46,287 a year. The US average is $69,021 a year.