Riverdale Park, MD is a growing community located in Prince George's county. It offers an affordable cost of living with the average two bedroom rent only being $1,380 which is only slightly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Riverdale Park is 107 versus 100 in the US.
The area has a variety of local businesses such as Riverdale Park Town Hall, PNC Bank, Tastee Diner and many more. There are plenty of job opportunities within the area such as positions at schools, government offices and retail stores. Along with these local businesses there are also other professional services available to residents such as medical clinics and law firms. All these resources make Riverdale Park an ideal place to live or work.
Riverdale Park has an unemployment rate of 7.8%. The US average is 6.0%.
Riverdale Park 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 Riverdale Park
- The Sales Tax Rate for Riverdale Park is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Riverdale Park 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 Riverdale Park
- The average income of a Riverdale Park resident is $22,704 a year. The US average is $28,555 a year.
- The Median household income of a Riverdale Park resident is $87,819 a year. The US average is $69,021 a year.