South Laurel, MD is an affluent suburb located just outside of Baltimore. It is a great place to live for those seeking a suburban lifestyle but still wanting easy access to the city. The 2 bedroom rent in South Laurel, MD is $1,750 which is significantly higher than the US average of $1,430.The Grocery Cost Index in South Laurel, MD is 109 versus 100 in the US. This makes groceries slightly more expensive than other parts of the country. South Laurel offers many amenities and conveniences such as grocery stores like Safeway and Giant Food, restaurants like Five Guys and Il Porto Cucina Italiana, shops like Home Goods and Marshalls, entertainment venues like AMC Columbia 14 & IMAX and so much more.
South Laurel has an unemployment rate of 7.8%. The US average is 6.0%.
South Laurel 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 South Laurel
- The Sales Tax Rate for South Laurel is 6.0%. The US average is 7.3%.
- The Income Tax Rate for South Laurel 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 South Laurel
- The average income of a South Laurel resident is $32,624 a year. The US average is $28,555 a year.
- The Median household income of a South Laurel resident is $77,750 a year. The US average is $69,021 a year.